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Malls feel the pinch as outbreak shrinks crowds

The coronavirus outbreak is having a growing effect on malls in densely populated areas as a number of major retailers plan to temporarily close stores. Mall visits could recover when the outbreak subsides, but "rents may have to be reset materially to keep the lights on," says Thomas Dobrowski of NKF Capital Markets.

Full Story: The Wall Street Journal (tiered subscription model) (3/16)


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Retail Update for 9/4/2020

Grocery Chain LIDL Plans to Open 50 New Stores on East Coast by 2021 Dick's Sporting Goods Reports Record Earnings, 194% Increase in E-Commerce Sales Target reported a 24.3% increase in total digital

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