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Can CBL Recover From the Retail Apocalypse?

TheMotleyFool

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Can CBL Recover From the Retail Apocalypse?Photo, wide shot, wide-angle lens, Grocery store, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/9a6c3fc6-53ff-4c6e-848b-263660ac3eb0.png

The "retail apocalypse" is a phenomenon whereby thousands of brick-and-mortar retail stores have closed and many national retail chains have gone bankrupt. The cause: a deadly cocktail of debt and declining sales due to competition from e-commerce. It has continued with a vengeance in 2019.

The hardest-hit segment of retail has been the American mall. Mall operator CBL & Associates Properties (NYSE: CBL) has acutely felt this pain, and its stock price reflects this. The stock is down over 90% from its highs a few years ago due to fears that CBL will not be able to survive the current onslaught.

Are these fears well founded?

Source Fool.com

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