The past 12 months or so have brought plenty of twists, turns and challenges for the retail world. In rough order the market has experienced booming sales and profits, supply chain bottlenecks and record inflation, followed by quickly collapsing consumer demand and sales.
What we have not seen much of since 2020 are retail bankruptcies and widespread distress.
Will that change in the new environment? Discretionary spending is constrained, interest rates are rising and margins are still under pressure from inflated operational costs.
