Many argue that the end of the pandemic is an opportunity to move towards a circular economy in clothing.
This doesn’t have to be the end for empty retail space.
The COVID-19 crisis is stretching long strained relations between shopping centre landlords and tenants to breaking point.
Woolworths’ A$780 millon investment in new automated distribution centres is a sign of how much COVID-19 has changed the way we shop. It points what’s to come in the retail sector.
Deferring rent won’t be enough to help businesses in empty shopping centres survive. They know they’ll have to pay it on the other side.