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Why CVS And Macy’s Are Closing Stores When Demand For Retail Real Estate Is Rising

Why CVS And Macy's Are Closing Stores When Demand For Retail Real Estate Is Rising

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CVS will close about 900 stores over the next three years, and Macy’s has added ten more stores to its list of 125 to close by 2023. However, the closure announcements have made it difficult to see the bigger picture; retail vacancies are at their lowest.

...read full article on Forbes

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