Retail Rents Decline in Big U.S. Cities as Landlords Succumb to the Retail Storm - News Summed Up

Retail Rents Decline in Big U.S. Cities as Landlords Succumb to the Retail Storm


The retail industry is undergoing another major shift -- to e-commerce. How did we get here? Photo: Associated PressThe retail storm pounding weaker real-estate markets is starting to lash America’s biggest cities. Malls in smaller cities have been suffering for years from store closures as retailers adjust their store footprints to changing consumption habits and rising online sales. Now retail rents in some of the priciest cities in the U.S. are falling...


Source: Wall Street Journal January 30, 2018 13:00 UTC



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