https://www.youtube.com/watch?v=qHpurR_YvsU The ominous signs of a retail collapse are everywhere, looming like dark clouds over the American economy. If one were to look past the facade of “Space Available,” they would see the ghostly remains of shopping malls, once thriving …
Guest post from Benjamin Seevers of the Mises Institute: If you live in the United States, you are most likely familiar with empty storefronts, especially in malls. Once-great shopping centers are now suffering vacancies and a lack of patrons. To …
Meme STONKS are back! As money has been leaving commodities and their associated stocks, there has been a rise of stocks like AMC, GME, and others. More money, cash, debt, entering the system. There is an influx of capital going …
https://www.youtube.com/watch?v=Vl06l9ly87E “Those who would give up essential Liberty, to purchase a little temporary Safety,deserve neither Liberty nor Safety.- Benjamin Franklin
Malls Vacancies Hit Six-Year High as Online Shopping Takes a Toll Toll is felt across all types of brick-and-mortar outlets in the U.S. as iconic retail names close stores Malls are the emptiest they’ve been since 2012, when the …
OTTUMWA, Iowa — This city’s Target store is gone. So is Kmart, MC Sports, JCPenney, Vanity and soon Herberger’s, a department store. “The mall is pretty sad,” says Amanda Cain, a teacher and mother. “Once Herberger’s closes, we’ll have no …
With all the departmental stores and jewelry stores closing everywhere, the malls may turn into a shelter for homeless people soon. For retailers, recent headlines are showing both disappointment and optimism. Shares of JCPenney (JCP) slumped more than 6 percent …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter This is the brick & mortar part of e-commerce. Commercial real estate prices peaked in August 2017 at 27% above the crazy peak of the prior bubble, according to the Green Street Commercial Property Price Index …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Leverage is why the Fed has been worried about the bubble in CRE. Commercial real estate loans at banks in the US reached a record of $4.3 trillion. This amount is now 11% higher than it …
by Anthony B Sanders It is no secret that store closings have increased, some caused by on-line shopping like Amazon, or the failed wage recovery after The Great Recession (aka, the WORSE wage recovery following a recession in recent history). …
From Business Insider: Retailers are bracing for a fresh wave of store closings in 2018 that is expected to eclipse the rash of closings that rocked the industry last year. “Landlords are panicking,” said Larry Perkins, the CEO and founder of …
By Michael Snyder If you didn’t know better, you might be tempted to think that “Space Available” was the hottest new retail chain in the entire country. As you will see below, it is being projected that about a third …