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Tag Archives: Retail sales

Malls Dragged Into Bankruptcy by Carnage at Retail Tenants

Shopping mall. Escaltor

BLOOMBERG, NOVEMBER 2, 2020 CBL and Pennsylvania REIT file for Chapter 11 protection | Pandemic choked off already-dwindling number of shoppers By Jeremy Hill for Bloomberg – America’s ailing malls suffered a pair of body blows over the weekend as two major landlords followed their ever-growing list of bankrupt tenants into Chapter 11 protection. Pennsylvania Real Estate Investment Trust and CBL & Associates …

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Retail imports to see lowest annual total in four years – Global Port Tracker

Retail store. Glass window. Person walking. Protective facemask

PortandTerminal.com, August 11, 2020 WASHINGTON – Imports at major U.S. retail container ports during 2020 are expected to see their lowest total in four years as the impact of the coronavirus pandemic on the U.S. economy continues, according to the monthly Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates. “The economy is recovering …

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