According to this item, retail sales at department stores have “been falling for more than a decade.”
Makes sense? Sure. The explanation offered (as overall retail sales are NOT said to be down) is the Internet.
However: From a construction point-of-view, IF this trends is sustained, it means — MAYBE — reductions in construction (and renovation) all over the U.S., and concentrated construction of very large warehouses (from which Internet-ordered goods will be shipped).
It’s good for UPS, FedEx, and the USPS, tho.
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