Friday, March 24, 2017

Hayley Peterson — The retail apocalypse has officially descended on America

Visits to shopping malls have been declining for years with the rise of e-commerce and titanic shifts in how shoppers spend their money. Visits declined by 50% between 2010 and 2013, according to the real-estate research firm Cushman & Wakefield.
Not just Sears.

Business Insider
The retail apocalypse has officially descended on America
Hayley Peterson

1 comment:

Matthew Franko said...

This is why the bank credit growth rate is falling... loans and lease mark downs decrease bank credit outstanding...

What these brick and mortar retailers are losing, the on-line people are gaining with leading USD flows steady to up... same thing with the oil price collapse last year what the oil people lost the airlines and others gained...