Brick & Mortar Meltdown at the Movies: Neither Extra-Comfy Chairs Nor Bars Can Reverse the Trend by Wolf Richter • Jan 6, 2020 • 155 Comments Ticket sales plunged 31% per person on average since 2002. You can raise ticket prices only so much before the strategy backfires.
What Options Do Mall Landlords Have When Brick & Mortar Retail Melts Down on Them? by Wolf Richter • Dec 24, 2019 • 160 Comments Even in San Francisco: From a brand-new glitzy zombie mall to innumerable vacant storefronts.
Mall Shooting Highlights Folly of AAA-Rating of CMBS Backed by a Single Mega-Mall by Marc Joffe • Dec 16, 2019 • 89 Comments “I want to see rating agencies improve their performance before they contribute to another meltdown.”
Brick & Mortar Meltdown Manhattan Style: Lenders Foreclose on Times Square Tower whose Six Retail Floors are 90% Vacant by Wolf Richter • Dec 11, 2019 • 112 Comments Wow, that was fast: In default is a $650 million portion of a $2 billion loan package, signed in 2018.
The Chilling Thing Subprime Retailer Conn’s Said About the Sudden Deterioration in New Accounts by Wolf Richter • Dec 11, 2019 • 84 Comments Rising first-payment defaults and 60-day delinquencies, which are “leading indicators,” caused the retailer to become “prudent.” Shares plunged 33%.
Brick & Mortar Rent Meltdown, Manhattan Style by Wolf Richter • Nov 27, 2019 • 120 Comments Asking rents for ground-floor retail space have plunged as landlords struggle with vacancies.
Brick & Mortar Melts Down as Ecommerce Jumps by Most Ever by Wolf Richter • Nov 22, 2019 • 235 Comments Department stores get crushed one by one.
Lenders Fear Ascena with 3,519 Stores May File for Bankruptcy: Source by Wolf Richter • Aug 26, 2019 • 114 Comments Cash running low. Brick & mortar meltdown for landlords of Dressbarn, Ann Taylor, Loft, Lou & Grey, Lane Bryant, Cacique, Catherines, and Justice. Shares annihilated.
How the Ecommerce Boom Crushes “Mall Retailers” One by One by Wolf Richter • Aug 19, 2019 • 129 Comments The segments at the core of the Brick-and-Mortar Meltdown.
Brick & Mortar Meltdown’s Ugly Week in Record-Ugly Year by Wolf Richter • Aug 9, 2019 • 113 Comments Store liquidations in 2019 have blown past the full-year total of 2018. The phenomenon is proceeding with relentless momentum.