Signs of Retail Sector Distress Grow

The retail market is starting to see distress as the pandemic enters its ninth month, said Moody’s Analytics REIS, New York.

S&P: Retail REITs Could Face Distress Until At Least 2021

S&P Global Ratings, New York, said retail real estate investment trusts, already buffeted by the coronavirus pandemic and dwindling brick-and-mortar revenues, could see an increase in downgrades in coming quarters with little chance of recovery before next year.