Here's what we are reading this morning:
Expect a 'flood' of retail bankruptcies, says Related's Stephen Ross
McLaren Group is laying off 25% of its workforce
The coronavirus is accelerating Foot Locker’s plans to move its stores out of malls | Modern Retail
Consumer confidence up slightly but remains near 6-year low
Callon Petroleum Company Announces Termination of the Exchange Offer and Consent Solicitations :: Callon Petroleum Company (CPE)
This chart shows how America's malls depend on struggling retailers
High-End Apartment Owners Dodge Economic Slump - WSJ
Tupperware Tries to Contain Financial Woes With Debt Deal - WSJ
TGI Friday’s to Permanently Close Up to 20% of U.S. Restaurants - Bloomberg
Founder of Electric-Vehicle Startup Clears Bankruptcy Hurdle - WSJ