The median U.S. supplier has reduced capital expenditures into property, plant, and equipment and has increased their total debt-to-asset burden in the last two years. Such action creates pitfalls in supply chains, especially in the age of COVID-19.
Apparel retailers have required significant adjustments to handle their financial leverage and operating lease commitments. Brooks Brothers and Tailored Brands, in particular, fell prey to slowing demand for professional business attire, a trend which was accelerated by the coronavirus pandemic.
The senior housing industry reported a significant share of the coronavirus illness cases, causing a collapse in occupancy. A considerable population decline in assisted living facilities could deliver a slew of corporate bankruptcies in the coming year.