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The Retail Apocalypse?

In the media, over the last 6 months or so, we keep hearing about retail apocalypse. News articles talk about the collapse of the retail industry. How these events are causing the demise of the retail commercial property network. Although many retailers have been shuttering stores, including many legacy brands, is this a sign of the collapse of the retail market? Or could it be an indication of a shift in the consumer spending trends?
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