These haunting photos of the retail apocalypse reveal a new normal in America

The retail apocalypse has descended on America.

More than 3,800 store s are expected to close across the country this year. Department stores like Macy’s, Sears, and JCPenney, and retailers including Toys R Us, BCBG, Abercrombie & Fitch, and Bebe have decided to close dozens of stores.

A new survey by commercial real estate company Reis found that malls are emptier than they have been since 2012, CNBC reported. The vacancy rate in regional and super-regional malls hit 8.6% in the second quarter, up from 8.4% in the prior quarter.

With vacancy rates continuing to rise, walking through a mall in 2018 is like walking through a graveyard.

Here’s photographic evidence that a retail apocalypse is hitting the United States hard:

Source: http://www.businessinsider.com/the-american-retail-apocalypse-in-photos-2017-3?utm_content=buffer519d4&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer-bi#visits-to-malls-declined-by-50-from-2010-to-2013-according-to-the-real-estate-research-firm-cushman-and-wakefield-3

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Up ↑

%d bloggers like this: