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Originally Posted by Grizzly
I tend to agree, however, one of the craziest things many of my retail tenants tell me is the number of tourists in February that complain about all the shows being closed. Now they came, but we were closed.... It's a chicken and egg thing again.
Retailers are open because for the most part we make them stay open. Landlords don't like closed signs on their shopping centers. They all seem to make a go of it. Especially these past two yeras.
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It IS the chicken and the egg thing-I just don't see how we can overcome that.
The centers do contractually require open and I don't blame them a bit. But, again on the other hand the merchant, (especially the sole proprietor, ma and pa) howl understandably when they're paying rents in the down months, which of course they would have to pay anyway to keep the space and so on. Back to the chicken and the egg.
It is a very interesting subject and truthfully there is no one silver bullet.