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Store closures decline for the first time in 2021

For the first time in 2021, store closures have declined year over year, according to an emailed report from Coresight Research. The firm tracked 4,626 closures so far this year, 5.7% fewer than last year at this time. Leading retailers in closures so far is Christopher & Banks, which liquidated its physical footprint in bankruptcy this year. Another recent retail bankruptcy, Francesca's, closed 342 stores, a significant chunk of its footprint.

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Self-storage REITs offer strong returns in 2021

The pandemic has driven demand for storage space, and self-storage REITs have delivered total returns of 36% as of June 30, outpacing the broader REIT sector. Operators have sought to streamline servi