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

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

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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