Third month in a row of declining retail sales, “seasonally adjusted.” But the curveball from ecommerce caused me to dig and doubt. 15 whiplash charts of retail sales.
Store rents had already plunged, amid a surge in vacancies. Then in the spring, the market froze; when it thawed, rents dropped to 10-year lows.
Americans are watching more movies than ever, but they’re watching at home. The studios are on board in a big way.
Stimulus Fatigue sets in. Second month of declining retail sales in a row. But online sales eked out a new record, if barely.
Some property owners are more exposed to the fallout than others.
Asset stripping by its owner, years of brick-and-mortar meltdown, topped off by the Pandemic. Suppliers, landlords, and pensioners twist in the wind.
On Fumes of Stimulus and to Soothe the Frustration.
Online sales jumped 37% in Q3, after 44%-Spike in Q2. Online food-and-beverage sales up 160%.
My 13 whiplash-charts by retailer category.
After years of brick-and-mortar meltdown, the Pandemic. Desperate measures are now required.