To better understand the challenges posed by the coronavirus let’s take a closer look at the rippling effect caused by this health crisis and see how it’s disrupting today’s global economy.
Simon’s 2003 attempt to take over Taubman Centers, a failed bid that set the big mall owners at odds ever since, has culminated in a merger forced by conditions of the times.
As big retail adjusts to the tax complexities resulting from the Supreme Court’s Wayfair ruling, there is one unintended consequence that is getting little attention, but will likely become a significant risk to the sector in the years to come.