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Debt Could Be the Death Knell For These Distressed Retailers

While sustainability is no longer a siloed concern, the industry has yet to make it a true priority when weighing important business decisions. Sign up for our webinar "Viewing Sustainability Like an Investor: Weighing Progress and Profit" on Nov 22 to learn key metrics to keep consumers, your company and Wall Street happy.

2021 isn’t likely to deliver the same level of financial implosion that rocked retail and apparel last year, according to Moody’s Investors Service, though the credit ratings firm’s outlook is higher than other post-recessionary periods. The rating firm’s forecast of a 5.3 percent default rate for apparel and retail firms this year hews fairly closely…

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