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.

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.