May retail market: Historic US sales drop in April; 9 companies go bankrupt

May retail market: Historic US sales drop in April; 9 companies go bankrupt

May 19, 2020

“With social distancing, lockdown and travel measures in effect across most states during the whole month of April, the report is the first in the series to capture the full impact on the retail sector,” Karl Schamotta, Chief Market Strategist at Cambridge Global Payments, said to S&P Global Market Intelligence.

Read the article here.

For further information, please contact Cambridge Global Payments

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