[refurb]

I’m not sure if retail space alone is a good measure. The US (and Canada) love massive stores like Costco, Home Depot, Walmart. And there are a LOT of Walmart’s.

Those stores seem to be doing just fine during the pandemic (HD has been packed when I went).

Would be more useful to see a breakdown by retail size. Say <500 sq ft, 500-2000 sq ft, 2000-10000 sq ft and >10000 sq ft.

I’d suggest the small places are the ones at high risk (just thinking about typical tenants).

[Leherenn]

I agree, NA has massive stores because they have the space, e.g. population density is much lower than in Europe or Asia