Retail Focus 8/11/19 – CVS & Walgreens Make the News; Retail Landlords Serving as Creditors

CVS and Walgreens were both in the news this week, albeit for vastly different reasons—we discuss CVS’ great quarter and more closures for WBA. We then look to the most recent Sears and Kmart closures for optimism, of all things, before turning our attention to a recent story about retail landlords potentially having interest in serving as de facto lenders to struggling tenants.