First death knell of the K shaped economy. Boomers shopped at Saks. Millennials shopped online. Zoomers lack money to shop at all.

The Kobeissi Letter
@KobeissiLetter
BREAKING: Saks is preparing to file for bankruptcy within days after missing an interest payment on its debt.

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content





