Moody’s Talks – Corporate Finance Podcast
November 18, 2019 (5.27mins)
Mickey Chadha and Christina Boni from the US Retail team discuss what drove our industry outlook change to stable from positive. Challenges include an extremely competitive environment, where retailers are investing heavily in e-commerce while contending with operating margin pressures. Pricing remains aggressively competitive as retailers use extremely promotional tactics to fight for market share.