How Retail Bankruptcies Have Shifted Consumer Spending
In this episode of Industry Focus: Consumer Goods, Emily Flippen and Motley Fool contributor Dan Kline discuss the third round of retail bankruptcies amid the ongoing pandemic. Some of these retailers were already on the "to watch" list for businesses likely to declare Chapter 11. They also talk about how today's environment compares to the Great Recession of 2008-2009 and whether consumer spending has changed as a result of these bankruptcies.
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Source Fool.com
