Robert Wagstaff: Brick-and-mortar retail faces major challenges in pandemic – LatinFinance
Robert Wagstaff was featured in LatinFinance’s article titled “Brick-and-mortar retail faces major challenges in pandemic.”
“The drop in demand that this pandemic has created is something unlike I’ve ever seen before,” said Robert Wagstaff Managing Director of the turnaround and restructuring firm, Conway Mackenzie.
Depending on the sector, Wagstaff projects a fall in demand ranging from 25% to 50% year over year and a recovery that could last two to three years. Pharmacies, food, and liquor have been the least affected.