NEW YORK, Nov. 25 (Xinhua) -- After years of worrying that e-commerce would decimate bricks-and-mortar stores, U.S. retail landlords now say the sector is stronger and more insulated from online competitors than even a few years ago, reported The Wall Street Journal (WSJ) on Monday.
"A sharp slowdown in retail construction is driving vacancy to near-record lows. While Americans stayed home during the height of the pandemic, they flocked back to stores and restaurants as infection concerns faded," said the report.