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Dive Brief:
Fitch retail analysts issued a stable outlook for retail in 2021, anticipating that a number of factors specific to 2020 that have produced vastly divergent trends across retail will be unwound over the next year.
As the impact of the pandemic dissipates, many retail companies will end 2021 with operating trajectories similar to prepandemic levels, the analysts, led by Fitch Senior Director David Silverman, wrote in an emailed report.
But with uncertainty over the pandemic s trajectory and the timing of vaccine distribution, as well as individual retailers operational health, Fitch has a negative outlook for its portfolio of retail companies it covers.