Friday, April 19, 2019

These 10 States Have Been Hit Hardest by Retail Job Losses

Footwear News
For millions of retail workers around the country, the past decade has been a tumultuous time, but as many analysts have noted, the so-called “retail apocalypse” has had a disproportionate impact on certain areas.

Low-traffic rural and suburban malls, for instance, have experienced mounting vacancy rates due to the loss of anchor tenants like Sears and J.C. Penney, while more profitable malls (which are often closer to metropolitan areas) have been able to hold on to department stores and attract interest from alternative tenants such as fitness centers and co-working spaces.. . . more