Multibillion-dollar retailers are enormous machines, with a complex network of suppliers and tens of thousands of workers around the country. Chapter 11 puts them in limbo.
We got some number today hot off the keyboards of the folks at the Commerce Department. They show that retail spending in January was lower than December by 0.3 percent. That dip was notable because the consensus was actually that it would be slighter higher. A drop when you’re expecting an increase, that turned some […]
