Not the first time we've talked about this subject but 2017 is becoming the standard for butt ugly in the retail sector:
http://www.cnbc.com/2017/05/05/its-more-than-amazon-why-retail-is-in-distress-now.html
With many of the anchor stores under duress what do you see happening to the concept of the "mall"? The mall retail cost per sq. foot has been prohibitive for the mom and pop stores in the past, is downsizing going to give the independents a foot in the door or is the entire mall concept about to blow up?
"The great pleasure in life is doing what people say you cannot do."
- 2017 is on a record-setting pace for retail bankruptcy and store closings.
- Chapter 11 bankruptcy is now turning into liquidation much more frequently due to law changes.
- Half of the retailers who have filed for Chapter 11 protection were owned at least in part by private equity.
http://www.cnbc.com/2017/05/05/its-more-than-amazon-why-retail-is-in-distress-now.html
With many of the anchor stores under duress what do you see happening to the concept of the "mall"? The mall retail cost per sq. foot has been prohibitive for the mom and pop stores in the past, is downsizing going to give the independents a foot in the door or is the entire mall concept about to blow up?
"The great pleasure in life is doing what people say you cannot do."