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Malls changing amid coronavirus: Will they survive or close?

A quieter Black Friday In past years, the holiday shopping season kickoff was heralded by family and friends gathering to grab doorbusters. But this holiday season, Americans have generally shied away from shopping in groups and hunkered down online. Foot traffic analytics firm Placer.ai found similar results and said the average foot traffic at 16 leading malls was down nearly 50% this year. U.S. retail sales were expected to rise 7.6% during the 2020 holiday shopping season, compared with a year ago, research firm IHS Markit projected, but largely because of the rapidly growing number of shoppers making their purchases online. For the first time ever, stores will not be the focal point, Hilding Anderson, head of retail strategy, North America at digital consultancy Publicis Sapient, told USA TODAY. COVID restrictions coupled with the tremendous shift towards e-commerce we’ve seen this year makes it likely that stores will largely be an afterthought for consumers.

More Than 1,500 Homes, a 20-Acre Lake, Open Space and Trails Coming to Covington

, will be a peninsula extending into a 20-acre lake with retail shops, restaurants, single-family and multifamily homes, a pavilion park, open space and trails. A celebration of what the future holds for the Covington area, it offers a symbiotic relationship between public and private as well as indoor and outdoor spaces and a gathering place for the community.   “We are thrilled the City of Covington was so receptive to the overall vision and design of LakePointe,” said Brian Ross, CEO of Oakpointe Communities. “We are already in lease discussions with a variety of prospective tenants including major retailers, a multiplex theater, restaurants, outdoor cafés and coffee shops, wine bars and breweries, soft good retailers, specialty and boutique retailers as well as a gourmet grocer and other neighborhood serving and lifestyle retail.”

Spotlight: Americans rush to stores amid pandemic for last-minute Christmas shopping

Adjust font size: by Xiong Maoling WASHINGTON, Dec. 25 (Xinhua) Despite recent COVID-19 spikes, Americans rushed into stores to make last-minute purchases before Christmas, as shipping delays prompted concerns that gifts or holiday items might not arrive in time. At a Bloomingdale s department store in Virginia Thursday afternoon just a few hours before Christmas Eve parking spots were hard to come by, and shoppers queued up to enter luxury brand stores such as Gucci, Louis Vuitton and Moncler. COVID-19 concerns have been accelerating the shift to online buying, as data shows that online retail sales have risen remarkably during the holiday season, which officially kicked off on Black Friday, about a month ago.

Americans rush to stores amid pandemic for last-minute Christmas shopping

Americans rush to stores amid pandemic for last-minute Christmas shopping
en.people.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.people.cn Daily Mail and Mail on Sunday newspapers.

Spotlight: Americans rush to stores amid pandemic for last-minute Christmas shopping - Xinhua

Spotlight: Americans rush to stores amid pandemic for last-minute Christmas shopping Source: Xinhua| Editor: huaxia by Xiong Maoling WASHINGTON, Dec. 25 (Xinhua) Despite recent COVID-19 spikes, Americans rushed into stores to make last-minute purchases before Christmas, as shipping delays prompted concerns that gifts or holiday items might not arrive in time. At a Bloomingdale s department store in Virginia Thursday afternoon just a few hours before Christmas Eve parking spots were hard to come by, and shoppers queued up to enter luxury brand stores such as Gucci, Louis Vuitton and Moncler. COVID-19 concerns have been accelerating the shift to online buying, as data shows that online retail sales have risen remarkably during the holiday season, which officially kicked off on Black Friday, about a month ago.

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