Chad Firsel, president of Chicago-based Quantum Real Estate Advisors, Inc.
CHICAGO—It's easy to find bad news about the retail sector these days. The rise of e-commerce has put the squeeze on thousands of brick-and-mortar outlets, and iconic brand names such as Sears are shutting down across the nation.
Even shopping malls, the places where most Americans shopped for decades, have felt the pinch. By 2022, one out of every four malls in the US could be out of business, according to a new report from Quantum Real Estate Advisors, Inc. And e-commerce is not the only culprit.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
