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.
CBL and Pennsylvania Real Estate Investment Trust were both toast before the Pandemic. The banks are stuck.
“Seated diners” get scarcer again as new Covid cases surge.
Landlords already know this: People are getting more toasted than Wonder Bread.
Something is afoot here. And someone is going to be wrong.
At the time of securitization into CMBS a few years ago, inflated collateral values led to soothingly low loan-to-value ratios. Then trouble hit.
As seen by indicators that have sprung up as a result of the Pandemic.
Depicted by my 13 whiplash-charts.