The retail apocalypse has been under way for years. Online retailers and big-box superstores are stealing market share in the American and global consumer shopping sector every day, and the coronavirus pandemic only accelerated this unstoppable megatrend. Many store chains are filing for bankruptcy and closing stores, your local shopping mall probably looks like a ghost town, and the retail industry is rebuilding itself as we speak.
But it’s not game over for every old-school retailer. Some are actually thriving in this difficult business environment and you should consider adding them to your investment portfolio today. These household names have built two very different but equally apocalypse-proof business models.