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There was 56.8 SF of retail space per person in the U.S. at the end of last year.

Victoria’s Secret Loses Legal Bid To Skip Rent At Herald Square 2 Herald Square An eight-month legal battle has come to an end with a Manhattan judge ruling that Victoria’s Secret is still on the hook for its nearly $1M per month rent in Herald Square, despite the problems caused by the coronavirus crisis. The retailer sued its landlord, SL Green, in May, saying it should be allowed out of the lease for space at 2 Herald Square. Lawyers had argued that with the city closed for business, the lease was rendered “nonsensical.” The retailer has...