Current U.S. Retail Marketplace
Coronavirus/COVID-19 Furthers Retail Contraction. Almost 55% of the US’ retail floor space — 4.8 billion square feet — has closed, according to GlobalData. The effect of the pandemic has been uneven, with apparel retailers and restaurants bearing the brunt of the financial impact and some needs-based retailers adding staff. “It’s a tale of two markets right now,”
Monday, April 13, 2020
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