How Wall Street Wrecked Brooks Brothers & Others
Burt Flickinger discusses the effects of Covid-19 on retail with Maria Bartiromo, specifically how Wall Street wrecked a great Main Street company, Brooks Brothers. Also: Which other retailers are at risk? Why are the unionized & other retailers paying top wages & benefits being eviscerated while Amazon and Walmart are subsidized--often in the cities, counties, and states with one party monopolies. What are some positive opportunities for a "Retail Requiem" & which Retail Channels & Classes of Trade are best positioned for success?