RETAIL CRE: 225 Staple Store Closures – The Forecast Tsunami Now on the Horizon
By Gordon T. Long
Friday, 7 March 2014
Charles Hugh Smith and I laid out the looming domino in the US Retail CRE (Commercial Real Estate) space 5 weeks ago. Even for those retailers unlike Staples, who can maintain sales, the domino is going to be due significantly to advancement of online and robotic technologies. The rapidly advancing ramifications are both startling and alarming.