Analysts have put out a list of companies that are in potential trouble. These analysts have caveated their list with the asterisk that none of these companies may close. But just being on a list is enough to turn consumers off.
The list? It’s everyone from Rite Aid to Claire’s to Loehman’s, Sbarro and Krispy Kreme.
THE REAL WORLD RETAILING TAKEAWAY
It’s still going to get worse before it gets better.
Even four weeks ago, analysts were predicting the start of a turnaround six months out. Conventional wisdom is that turnaround won’t show the entire year.
Only time will tell.