Fitch Downgrades 9 Retailers In One Day, Including Macy's, Nordstrom And J.C. Penney
Apr 2nd 2020 3:45pm EDT
Fitch Downgrades 9 Retailers In One Day, Including Macy’s, Nordstrom And J.C. Penney Authored by Ben Unglesbee of RetailDive, Summary: Ratings agency Fitch has downgraded 11 consumer and retail companies because of the financial disruption caused by the COVID-19 pandemic. On Wednesday alone, Fitch downgraded credit ratings for nine retailers, according to emailed client notes. […]
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