Why Off-Price Retailers Could Struggle in Early 2022
While the pandemic may have dealt a blow to the retail industry as a whole, off-price chains clearly emerged as winners. At a time when shoppers had to conserve funds due to economic concerns and financial constraints, chains like Burlington Stores (NYSE: BURL) saw an uptick in foot traffic. And now, a number of off-price retailers are making plans to open even more stores.
That's a very good thing for real estate investors. Store closures have hammered shopping centers and malls, creating a vacancy crisis that commercial landlords across the country are struggling to address. But while the pandemic may have been kind to off-price retailers, these chains could face one serious challenge going into the new year.
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Source Fool.com
