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Is Apple recession proof?, Kimco Realty’s CEO and calling a bottom. 10/27/22

Power Lunch

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Are You Recession Proof?

A lot of these companies are going to face scrutiny in their next earnings reports about how the holiday shopping season went, whether consumers are still spending. Are you recession proof? Are these tenants that will still pay the rent to you no matter what comes down the pike with recession? Imagine years. The value proposition of the store in our shopping centers is actually being recalculated by our retailers because they're now fulfilling those online orders and in using the store to do that. And that's why you're seeing the supply and demand really be in our benefit as we're able to lease up space really rapidly.

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