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.
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.