Retailing has been plenty difficult for the past several years. But the financial reasons behind this decline might  seem quaint compared to the massive disruption the spread of COVID-19, and the measures taken to slow it, are bringing to the industry. What will happen to the retailers that were already in trouble? Retailers face so much financial uncertainty from the current

selling environment that some are declining to provide investors estimates for their performance this year. Already by the second week of March, U.S. retail traffic was down more than 30% year over year.

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distressed Retailers struggled with falling sales for years —and then came Covid-19