The retail apocalypse is bearing down on these REITs

Flickr / Paul Swanson

• Analysts used to list reasons as to why you should still invest in retail.
• Whatever the reasons, don't invest in REITS or brick-and-mortar.
• Here's a laundry list of slipping REITS. 

This is my now classic twice-a-year progress report on the decline of mall REITs. The series began in May 2016, shortly before the peak of mall REITs in July 2016. Their shares started getting hit in August that year, and the pain hasn’t abated since.

All along the way, the industry and its Wall Street analysts soothed our rattled nerves with assurances that the brick-and-mortar meltdown didn’t actually exist, that there were more new stores being opened than closed, that the selloff at each stage was overdone and that these were buying opportunities.See the rest of the story at Business Insider

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