It is the 16th of September 2019

News

"Almost Cataclysmic": Barclays Reveals Which Restaurants Are Most Exposed To Collapsing Malls

We've spent a lot of time this year discussing the complete collapse of mall-based retailers, a collapse which has resulted in more store closures in Q1 2017 than all of 2016 and will likely claim more victims by the end of this year than any year since the great recession nearly a decade ago.  Here are a couple of recent examples:

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Mega-Bears Smell Blood As REITs Tumble

While many have blamed today's spike in yields for the broader underperformance of the REIT sector, which sent the Bloomberg North American REIT index down 1.4%, its biggest one-day drop since December in a widespread selloff across all property sectors with 194 of the 214 stocks in the index lower today, it's more than just the jump in rates that is slamming the rate-sensitive sector.

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Unmerry Christmas: Mass Brawls Break Out Across America's Malls

During this season of joy and celebration, it appears not everyone is full of Christmas spirit. Last minute holiday shoppers have been filmed brawling with each other in New Jersey, Alabama, and Georgia shopping malls ahead of the holidays.

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