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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.
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