FROM Ronald Friedman
Why is America's retail industry faltering? Ten retailers have filed for bankruptcy this year, including BCBG, Payless, and Wet Seal. That’s more than in all of 2016. Other major brands like Sears and Macy’s are closing several stores. Last month, more than 30,000 people lost their retail jobs.
Why is Trump so behind on filling staff jobs, establishing concrete policies? Yesterday Donald Trump signed a “decision memo” to revamp the air traffic control system. But there was little legislative detail in the plan. There’s not much to other splashy announcements from the White House, including tax cuts and the arms deal with Saudi Arabia. And hundreds of positions are unfilled in federal agencies.