NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has released a new research report entitled “Is Retail the Credit Markets’ New Energy?” The report, which examines challenges in the retail sector, makes the following key points:
- Despite a relatively healthy economic backdrop, retailers, especially department stores and apparel-centric names, are struggling to adapt to powerful secular changes in the sector.
- KBRA believes business risk in the sector overall has structurally increased. We also believe, however, that it is overly simplistic to paint the entire sector with a single broad brush.
- Subsectors that figure to be more durable against secular change include home improvement, scaled discounters, and grocery stores, as well as retail concepts enhanced by consumer experiences.
To view the report, please click here.
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About Kroll Bond Rating Agency
KBRA is registered with the U.S. Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization (NRSRO). In addition, KBRA is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP).