Malls in the US are suffering from a retail apocalypse as well. Really the root issue is that there is too much retail square footage in the US. Retail sq ft p

Malls in the US are suffering from a retail apocalypse as well. Really the root issue is that there is too much retail square footage in the US. Retail sq ft per person is 23 sq ft, compared to 2-5 in Europe and Japan. In that context building new retail is a fool’s errand. https://www.statista.com/statistics/1058852/retail-space-per-capita-selected-countries-worldwide/ https://www.statista.com/statistics/1058852/retail-space-per...