Houston principal Hugh Ray provided commentary to The Street in an article about how “fast fashion” retailers have largely been immune to the challenges crippling department and specialty stores until possibly now, as recent sales reports suggest no spot is safe within the turbulent retail space.  Drawing from his experience in bankruptcy litigation, Hugh said that price wars revved up by stores like Walmart can negatively affect profits, no matter how established the retailer. 

The full article can be found here.


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