U.S. 2021 Retail Vacancy Rate May Rise To 7-Year High After Record Store Closings

Coronavirus has led to a record number of U.S. store closings in 2020 and to Manhattan’s retail rents plunging to historic lows, and the toll on the brick-and-mortar sector may not ease any time soon.

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Jan 13, 2021 - 18:15
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U.S. 2021 Retail Vacancy Rate May Rise To 7-Year High After Record Store Closings
Coronavirus has led to a record number of U.S. store closings in 2020 and to Manhattan’s retail rents plunging to historic lows, and the toll on the brick-and-mortar sector may not ease any time soon.
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