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Significant job declines, health and safety issues, and government-mandated store closures created a whirlwind year for retail in 2020. www.nar.realtor – Research
Unfortunately for malls, especially class C and D traditionally enclosed shopping centers for which account for majority of all U.S. malls, there are substantial retail space vacancies. www.nar.realtor – Research
2020 was a year that saw a pandemic end the longest U.S. economic expansion in history and sent other economies into an economic downturn. www.nar.realtor – Research
Temporary retail store closures experienced earlier in the year have returned. www.nar.realtor – Research