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Shopping Centers Traffic Rises; A Return of the Zombies?

Although I follow digital channels closely, keeping our finger on the pulse of in-person commerce is just as valuable. Over the past year, COVID-19 has driven significant declines in foot traffic at venues nationwide, such as restaurants, gyms, and shopping centers. Data from Placer.ai showed shopping center foot traffic up 223% year-over-year, followed by dining (139% y/y) and medical (78% y/y). Potential Investment Implications As we...