Retail has been dying for a while, but that just opens up opportunities elsewhere. It's kind of like the nail salon boom: retail has been dying, but nail salons

Retail has been dying for a while, but that just opens up opportunities elsewhere. It's kind of like the nail salon boom: retail has been dying, but nail salons have been booming (pre-shutdown)[0]. I've been noticing for a while in NYC there's a huge supply glut of ground level retail. Lots of for lease signs in vacant spaces (pre-shutdown). In my apartment building, the ground floor space has been vacant with a for lease sign for 3 years (and I live on 5th Ave in NoMad, which is prime retail). [0]: https://fee.org/articles/the-salon-boom-is-actually-good-for-both-consumers-and-workers/ https://fee.org/articles/the-salon-boom-is-actually-good-for...