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

Where are fashion’s priorities? How sustainability will fare post pandemic is just one of many open questions. Join SJ on July 15 at 11 am for a webinar on how the crisis will affect future sourcing decisions and how to better measure progress.

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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