Post Profile

Sears, Macy's, and JCPenney are fueling a $48 billion crisis in the retail industry

There's no end in sight to American's shopping mall crisis, according to a Morningstar research report. Hundreds of shopping malls have shut down over the last several years amid a pullback in consumer spending on apparel and accessories and the growth of ecommerce. But the US is still oversaturated with shopping malls, and that's putting $48 billion in loans backed by mall properties at risk, according to the Morningstar analysts.
read more


Related Posts

American malls are dying faster than you think — and it's about to get even worse

Business & Finance : Business Insider: Money Game

America's most iconic retailers are closing stores, and it's left many speculating about the future of shopping malls. Macy's recently announced it is closing 100 stores, following similar announcements from Sears, Gap, and Abercrom...

An emerging American trend is putting Macy's, Kohl's, and JCPenney in danger

Business & Finance : Business Insider: Clusterstock

Americans are spending less on clothing, and that's scary news for retailers like Macy's, Kohl's, and JCPenney. Apparel spending declined 1.5% in June, while department store sales have fallen from a year ago. Sales would have likel...

This chart shows why department stores like Macy's, Sears, and JCPenney are dying

Business & Finance : Business Insider: Money Game

Traditional mall retailers are struggling. Morgan Stanley recently executed a study regarding the state of specialty retail over the past ten years. Below is a chart that illustrates the number of years that retailers reported posit...

Sears’ demise could shut down another 200 shopping malls

Business & Finance : Business Insider: Money Game

Sears' decline is threatening to kill off at least 200 shopping malls, according to a new report. The retailer has closed 22% of its stores in the last decade, and it's expected to shutter even more locations as it struggles to stay...

America's Shopping Malls Are Dying A Slow, Ugly Death

Business & Finance : Business Insider: Clusterstock

All across America, once-vibrant shopping malls are boarded up and decaying. Traffic-driving anchors like Sears and JCPenney are shutting down stores, and mall owners are having a hard time finding retailers large enough to replace ...


Copyright © 2016 Regator, LLC