Latest Breaking News On - Shopping space - Page 1 : vimarsana.com

worker, the box store worker, could be the next manufacturing job, that shoe to drop, in the economy. those jobs are going away, and they re not coming back. yeah. it is interesting, this month had pretty good job numbers for retail. this is coming after a long period of what s essentially an acute depression in department store retail. there s three reasons for that. the first reason is amazon is doing tremendously. the revenue has been up since 2010. the second is we overbuilt mall space in the last few decades. we have 40% more shopping space per capita than canada. ten times more than germany. people in canada have clothes. they have couches. we don t need all this space. the third reason is you ve seen a lot of spending shifting from retail, like clothes, to leisure and hospitality. essentially experiences over materialism. experiences over things. this is a longer trend than just the last few months or years. this is something that s happened since the great recession ended. yo

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