Tuesday, April 17, 2018

Death of Retail Still Expanding

G' Day Folks,

Re: Retailing is Dead

We first wrote about this phenomena back in 2008 and then 2011 on our since destroyed website: for it was on that website that we revealed the full effects of the Kondratieff Tsunami of which this worsening Retail Disaster is only one!.

Go to following article for this full requiem on shrinking Retail in America:

https://www.bloomberg.com/news/articles/2018-04-17/as-toys-r-us-fails-the-retail-real-estate-glut-is-getting-worse

"The Retail Real Estate Glut Is Getting Worse

Stores have announced the closing of 77 million square feet of shopping space so far this year.
"The fall of the Toys “R” Us chain, with more than 700 U.S. stores, shows how much retail real estate has changed in just the last decade.
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...
...
"But not every deserted retail property can be turned into a gym, theater, or boutique outlet of a tech company. ... ... “Add to that the possibility of a decrease in the value of other collateral, such as real estate, and the successful execution of a retail-leveraged buyout may be almost impossible.”..."

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