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Nearly half of new shops in 2021 will be dollar stores. (Getty)

2021 is raining dollar stores

Cost-conscious consumers have gotten the attention of retailers. Nearly half of the 3,597 stores expected to open nationwide this year will be no-frills discount shops, according to a report from Coresight Research. Dollar General...

2021 is raining dollar stores
National chains and mom-and-pop stores are seeing increasing sales per square foot and shrinking occupancy costs (Getty)

National chains paid 93% of rent in April

In April 2020, one month after pandemic-related lockdowns started in much of the U.S., national chains such as Ann Taylor, Bob’s Discount Furniture, Men’s Wearhouse and Tilly’s did not pay any of their rent....

National chains paid 93% of rent in April
In March, foot traffic was up 86 percent at 50 shopping centers tracked by the data firm Placer.ai. (iStock)

Malls are back, say mall landlords

After a devastating year for malls, landlords say shoppers are heading back in droves. In March, foot traffic was up 86 percent at 50 shopping centers tracked by the data firm Placer.ai compared to...

Malls are back, say mall landlords
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