💥Achtung! Retail Poised to Fall Off a Pier💥

Department Stores Crash, Diocese Bankruptcies & More Healthcare Distress

The holidays came and went and, for the most part, the news surrounding the consumer had been…gulp…positive? People spent money. Lots of it apparently. According to Mastercard Inc. ($MA), overall holiday sales from November 1 through Christmas Eve were up 3.4% (excluding autos). The total figure hit $880b, which exceeded Mastercard’s forecast. The quest…