Wednesday, August 16, 2017

Retail is in panic

Retail is in panic. Stores are closing all over. OK, as if that is not bad enough we have mall rents rising. It is had to imagine how department stores can survive. Basically, this is for many game over. Malls are shutting down and boarding up. Just look at all the empty spaces.

Look at JC penny. They will join sears soon. Digital discounters keep on growing. However, the outlook for physical malls is grim.

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