<p>Is the Retail Apocalypse upon us? Not just Sears (SHLD) is in trouble some on the sell side and hedge fund community believe.</p>
<p>Credit Suisse has downgraded retail (within the consumer discretionary sector), and consumer durables and apparel to market weight, saying several metrics were at their lowest since the 2008 <a href="http://www.valuewalk.com/2017/03/high-yield-collapse/">global financial crisis</a>. The sectors had been rated overweight on account of “deep valuation” appeal.</p>