May 24 | BisNow

Landlords Manage Around April's Flat Retail Sales | by Mike Leon

BisNow writes: Retail sales were flat in April, but retail landlords needn't fret, says Chandan Economics research chief James Keenoy. "The fact that consumers are spending is good, but this spending is coming from use of credit rather than gains in income which leads us to question whether the spending increases are sustainable or not."

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