“Excess Stores Trigger Shakeout In Overbuilt U.S. Retail Industry.”

There’s a headline that won’t shock anyone who hasn’t been living in a shack in a remote forest in Alaska for the past year or so. Everyone who follows the retail world knows that America began the pandemic with an obscene amount of space devoted to retailing: 23 square feet per capita, the most in the world by a long shot. (Canada was second with 16 square feet per capita.)

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