Retail declines are increasing and nobody is talking about it. Malls are losing tenants and major retailers are closing stores at rates not seen since 2008. It is being dubbed the Retail Apocalypse by those paying attention to the industry. Unfortunately, it doesn’t seem that anyone in Washington D.C. is paying attention.
While the President was quick to take credit for any positive news that came out since his election, and even before he took office, he seems to be ignoring the retail troubles our country is seeing.
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