Although the retail industry, especially shopping malls, has been going through a tough patch, one fund sees opportunity. Despite the record number of store closings announced for the first six months of the year, mall real estate investment trusts have seen a sudden surge in leasing. According to Chilton Capital, e-commerce is no real threat to brick-and-mortar retailers. In their August outlook, which was reviewed by ValueWalk, Bruce Garrison and Matthew Werner said that every time a brick-and-mortar retailer files for bankruptcy, e-commerce is blamed. Charming Charlie’s is one of the more recent retailers to file for Chapter 11 and…
This Hedge Fund Explains Why Mall REITs Are Now “New Territory” In Retail And Amazon Is No Threat
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.