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10% of Canadian Retailers May Shutter Stores, Says Real Estate Firm

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

A report from a Canadian real estate investment company provides a potential glimpse into the harrowing future facing both retailers and their landlords. After-effects of the COVID-19 pandemic are leaving 10 percent of retail tenants in the country with plans to permanently close their business, according to Colliers Canada. If all of these tenants were…

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