DALLAS—There are at least two beneficiaries of the retail sector's grim performance of late: the industrial sector and business reporters.
What's bad for retail is good for industrial. As for reporters, they've had a heyday coming up with ways to describe the retail sector's downslide. Apocalypse, free fall, death spiral, bloodbath, existential crisis, and even extinction-level event are descriptors they've used.
Within the sector, shopping malls are deemed the deadest of the dead. Making the rounds on social media are photos of long-abandoned malls that have been compared to horror movie sets. There's even a game called Spooky Mall where the only shoppers are ghosts.
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