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LA retail pain is industrial’s gain

From the Los Angeles summer issue: Every day in Los Angeles, countless packages are placed on Angelenos’ doorsteps. Inside, there’s a new pair of shoes, an emergency supply of diapers or that night’s dinner, ingredients portioned out for easy preparation. Each box, brimming with the promise of something new, is a skipped visit to a brick-and- mortar store. Traditional sellers have paid the price. Dozens of retailers this year have announced thousands of store closures […]

Source: The Real Deal

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