I went shopping for a relative and had no clue what to get him so I went to the Mall and looked for ideas. The Mall was empty. When I found a purchase I literally had to walk around the store looking for a sales clerk. I feel bad for retailers who have a lot of square feet to pay for in a lease. Some
merchants I know, formed their own small business and opened up shop in a Large Mall with high expectations. Some have saved and waited for many years to fulfill the American Dream of owning your own small business.
Season is pretty much over and summer is upon us shortly. If you are a retailer with a hefty long-term lease you may want to consult with a Bankruptcy Lawyer to explore your options.