Tuesday, March 31, 2020

Malls Survived The Retail Apocalypse, But Coronavirus Threatens To Be Their Armaggedon

On Sunday President Trump announced that federal social distancing measures will continue through the end of April. While he said that details of the extended recommendations would follow on Tuesday, it is likely that all non-essential stores, including malls, will remain closed till then.

These are necessary steps to save people’s lives, yet it may result in the death of many retailers. Malls, in particular, are at most risk in these days of social distancing.. . . more