The future of Atlanta retail in the post-pandemic world

The nation’s oldest department store chain is one of almost two dozen U.S. retailers to file for bankruptcy protection. Many, like Lord & Taylor, founded 194 years ago, Brooks Brothers and Neiman Marcus Group are brand names. Atlanta, where retail vacancy hovered around 5% prior to Covid-19, could see that number climb to at least 40%. And, as many as 100 area restaurants may have closed, according to market estimates. The country’s retail landscape, already experiencing changes before the…

The nation’s oldest department store chain is one of almost two dozen U.S. retailers to file for bankruptcy protection. Many, like Lord & Taylor, founded 194 years ago, Brooks Brothers and Neiman Marcus Group are brand names. Atlanta, where retail vacancy hovered around 5% prior to Covid-19, could see that number climb to at least 40%. And, as many as 100 area restaurants may have closed, according to market estimates. The country’s retail landscape, already experiencing changes before the…

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