More people are going to the mall to eat at the food court, not shop, UBS says
by admin | Nov 6, 2019 | Today's News
https://www.cnbc.com/2019/11/05/people-are-going-to-the-mall-to-eat-at-the-food-court-not-shop-ubs.html
- UBS says apparel spending continues to move online, away from bricks-and-mortar stores, with about 25% of total apparel sales in the U.S. taking place on the internet.
- It expects that to grow to 31% by 2023.