Brooks Brothers was great Main Street retailer ‘wrecked by Wall Street’: Retail expert

July 10, 2020

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Strategic Resource Group Managing Director Burt Flickinger argues companies with a good online business and food-related retail can thrive during the coronavirus outbreak.

Flickinger discusses the effects of Covid-19 on retail, specifically how Wall Street wrecked a great Main Street company, Brooks Brothers. Also: Which other retailers are at risk? Why are the unionized & other retailers paying top wages & benefits being eviscerated while Amazon and Walmart are subsidized–often in the cities, counties, and states with one party monopolies. What are some positive opportunities for a “Retail Requiem” and which Retail Channels and Classes of Trade are best positioned for success?