We're shopping more - What Retail Apocalypse - Vacancy lowest in two decades, at 5.4 percent,

[Procrustes Stretched]

As food costs more you buy less of it. You end needing to go buy more sooner. It jut appears as if people are shopping more.

We see how empty the malls are. Even Walmart stores are emptier than usual.

Helping out the Obese?

thank you
Joe/Kamala

Thank you

 

[Procrustes Stretched]

We see how empty the malls are. Even Walmart stores are emptier than usual.

It's okay sweetie. Walmart?

What Retail Apocalypse? Shopping Centers Are Making a Comeback.

Vacancy is the lowest it has been in two decades, at 5.4 percent, according to a recent report. The properties are thriving even as retailers like Macy’s and Express shutter many stores.

www.nytimes.com

While the pandemic may have hastened the rebound, it is underpinned by a shift that began more than a decade ago. After the financial crisis and 2009 recession and amid the growth of e-commerce, retailer bankruptcies led to a glut of space that prompted many investors to sell or convert shopping centers and embrace offices, apartments and warehouses. Shopping center space, which had surged from 2006 through 2009, began to shrink — primarily in two waves, first from 2009 to 2016 and then again during the pandemic.


The shopping centers that were still around shifted strategy to meet changing consumer taste, and landlords brought in high-traffic-driving tenants including restaurants and entertainment centers, fitness operators, boutique services, public gathering areas and medical facilities.
In some cases, developers are adding apartments, grocery stores, hotels and offices, while still scaling back excess store space.
Trademark Property is planning to redevelop a 470,000-square-foot center in Arlington, Texas, by reducing the retail space by about half and adding office, residential, hotel and entertainment uses.

 

[Rambunctious]

Crepitus Are you calling cnbc and PBS fake news????

 

[Rambunctious]

Helping out the Obese?

thank you
Joe/Kamala

Thank you

Actually unhealthy food is cheaper than healthy food...

 

[Harpy Eagle]

The New York Fed's report shows the pain is not evenly spread. While many households are on solid financial footing, almost 1 in 5 cardholders is "maxed out," using at least 90% of their credit card limit. That's worrisome, the report says, because maxed-out borrowers are much more likely to fall behind on their bills.

People under 30 and those who live in low-income neighborhoods were particularly likely to be maxed out, according to the report. Among Generation Z borrowers, about 1 in 6 was close to exhausting their credit, compared with 4.8% of baby boomers.

Well, shit who would have ever thought those making less money are more maxed on their credit cards.....that is crazy

I guess they need to get their shit together and make more money

 

[Rambunctious]

Well, shit who would have ever thought those making less money are more maxed on their credit cards.....that is crazy

I guess they need to get their shit together and make more money

More Americans are falling behind on their credit card bills.

About 8.9% of credit card balances fell into delinquency over the last year, according to the Federal Reserve Bank of New York — a sign that a growing number of borrowers are feeling the strain of rising prices and high interest rates.

"Everything is more expensive. Debt is more expensive. Rent is more expensive. Food, gas, everything," says Charlie Wise, senior vice president at TransUnion, the credit reporting firm. "Even with relatively healthy wage gains we've seen over last several years, many consumers just aren't keeping up with the price pressures."

 

[HikerGuy83]

Retail: They're struggling to meet with demand. We have great infrastructure things happening (thanx Joe/Kamala), and we have what President GWB told us to do during the trauma of 9/11 -- great shopping!

And how might that happen.

Well, for starters new retail construction is at a 20 year low. That means that existing stuff is filling up. That's good.

But the liar OP is somehow trying to link occupancy to shopping. When no new construction is under way....guess what. The numbers skew.

And the liar misses not opportunity to lie.

The Stunning Disconnect Between Retail Space Demand and New Supply

Net absorption increased 12.6% quarter-over-quarter while deliveries fell 5.1%.

www.globest.com

The gap between demand for store space and new supply is stunning, JLL's report on the U.S. retail outlook for 2Q 2023 reveals. The overall average occupancy for retail centers across the country is 95.4%, while development is less than 0.3% of total inventory. Indeed, net absorption increased 12.6% quarter-over-quarter to 10.8 million square feet – but deliveries fell 5.1% in the same period. Just 11.9 million SF started construction in 1Q 2023 – the lowest level since 2005, according to JLL.
Further adding to the lie.....

More people are taking second jobs and thus impacting precious family and alone time. Thanks Joe/Camel.

More people are taking on second jobs because they literally can't afford not to

Battling inflation, some Americans report not being able to support themselves even with two streams of income.

fortune.com

Sometimes in an effort to reinvent yourself, you drop certain traits. One thing that has not dropped is that Procrustes Stretched is still the same huge liar that Dante was.

 

[Harpy Eagle]

More people are taking second jobs and thus impacting precious family and alone time. Thanks Joe/Camel.

More people are taking on second jobs because they literally can't afford not to

Battling inflation, some Americans report not being able to support themselves even with two streams of income.

fortune.com

A higher percent of people held two jobs in 2019. was that due to the shitty economy also?

 

[Procrustes Stretched]

And how might that happen.

Well, for starters new retail construction is at a 20 year low. That means that existing stuff is filling up. That's good.

But the liar OP is somehow trying to link occupancy to shopping. When no new construction is under way....guess what. The numbers skew.

And the liar misses not opportunity to lie.

The Stunning Disconnect Between Retail Space Demand and New Supply

Net absorption increased 12.6% quarter-over-quarter while deliveries fell 5.1%.

www.globest.com

The gap between demand for store space and new supply is stunning, JLL's report on the U.S. retail outlook for 2Q 2023 reveals. The overall average occupancy for retail centers across the country is 95.4%, while development is less than 0.3% of total inventory. Indeed, net absorption increased 12.6% quarter-over-quarter to 10.8 million square feet – but deliveries fell 5.1% in the same period. Just 11.9 million SF started construction in 1Q 2023 – the lowest level since 2005, according to JLL.
Further adding to the lie.....

More people are taking second jobs and thus impacting precious family and alone time. Thanks Joe/Camel.

More people are taking on second jobs because they literally can't afford not to

Battling inflation, some Americans report not being able to support themselves even with two streams of income.

fortune.com

Sometimes in an effort to reinvent yourself, you drop certain traits. One thing that has not dropped is that Procrustes Stretched is still the same huge liar that Dante was.

Wait a minute.

Are you still the lead Salesperson for the Doom & Gloom brand?

 

[evenflow1969]

Yes you are...
View attachment 959751

The last person to reduce the National debt was Clinton. Trump sure as hell didn't. Run a republican that will actually reduce it ya might actually convert some votes with the issue. Till then it's just lip service.

 

[Rambunctious]

The last person to reduce the National debt was Clinton. Trump sure as hell didn't. Run a republican that will actually reduce it ya might actually convert some votes with the issue. Till then it's just lip service.

Trump had an Obama Military to rebuild... however most of the debt. Trump had came after a little something called the China virus... so just stop with the gas lighting shit...

 

[Harpy Eagle]

Trump had an Obama Military to rebuild... however most of the debt. Trump had came after a little something called the China virus... so just stop with the gas lighting shit...

Trump more than doubled the deficit, even before COVID.

Your attempt to cover for your god is debunked.

 

[Rambunctious]

Trump more than doubled the deficit, even before COVID.

That's a lie....

 

[citygator]

Graphs are not accurate and if you bothered to read my links you wouldn't need to ask me why you should worry you would know why...

Graphs are accurate. Slanted articles are not. Your link reflects a slight increase vs Covid lows but levels in line with history. No red flags here.

 

[Rambunctious]

Graphs are accurate. Slanted articles are not. Your link reflects a slight increase vs Covid lows but levels in line with history. No red flags here.

Slanted articles??? they were CNBC and PBS and CNN....

 

[Harpy Eagle]

Slanted articles??? they were CNBC and PBS and CNN....

So, it is your position that these new organizations are legit and trustworthy?

 

[Rambunctious]

Graphs are accurate.

You can't even read the dates on that graph... give me a break...

 

[EvilCat Breath]

sometimes, you jst have to shake your head in wonder.

Do you think no one notices the vacant store fronts? Stores are closing because they what? Have too much business?

 

[Rambunctious]

So, it is your position that these new organizations are legit and trustworthy?

I know if they are taking this position its as a warning to the Biden campaign... but yes I'm smart enough to know what stories are legit and which are not...

 

[citygator]

Slanted articles??? they were CNBC and PBS and CNN....

Yep. Look at the data. They reflect unadjusted balances for wage increases and don’t compare to precovid levels.