Thursday 27 August 2020

Class B malls face collapse as retail bankruptcies pile up

Second-tier malls are at increasing risk of collapse as retail bankruptcies and store closures add up across the country. The category of malls — known in the industry as Class B — are in a vulnerable middle ground: more secure than their Class C and D counterparts but not as safe as high-end, Class A malls, which are considered likely to make it out of the recession, Bloomberg reported. The acceleration of retail bankruptcies has



source https://therealdeal.com/2020/08/27/class-b-malls-face-collapse-as-retail-bankruptcies-pile-up/

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