Retail stress test: Who may not recover from COVID-19
COVID-19 might be the final push past the point of recovery for a number of retailers that have been flashing warnings signs for a while. The issue continues as the ability to pay debt and payments loom as sales falter. With already pressured stores, now closed or operating with limited hours, consumers "social distancing", shifting purchases to essentials and hunkering down, there will likely be retailers that don't survive. Those that evaluate distressed names through a variety of lenses, all bring up the same names. CNBC's Courtney Reagan reports.
Tue, Mar 17 202010:51 AM EDT