One customer at a time. But I doubt there are other options.
Brick-and-mortar department stores – the lucky ones still open – are on schedule to be toast.
Retail space asking rents plunge as landlords try to fill scores of vacant shops. Charts by shopping corridor.
A six-quarter surge, with first signs that some of it has started to unwind.
A “bust out” is a fraud used in organized crime, wherein a business’s assets and lines of credit are exploited and exhausted to the point of bankruptcy.
“Amazon’s plunge into the $800 billion US grocery industry posed an existential threat to rivals”: CNN, August 2018. So let’s see.
“The traditional private equity model should have no place in retail.”
How the Brick & Mortar Meltdown works for Commercial Mortgage-Backed Securities after America’s largest mall landlord defaults on a mortgage and walks away from the mall.
Department store sales hit a new record low in the data going back to 1992.
But back to “normal” hurts after a good run.