Aug 9, 2017

E-commerce isn't killing Las Vegas retail shops

Isaac Brekken/AP

There will be more store closings in America this year than in 2008, but Las Vegas Strip retailers are actually expanding square footage, the Las Vegas Sun reports.

Purveyors of the strip attract customers with sensory experiences, and profit from impulse buys once shoppers are in the store. It's no surprise that Las Vegas is attracting record crowds, but its traditional retailers are also leveraging that success despite an overall shift toward e-commerce.

Why it matters: Las Vegas is uniquely positioned to attract shoppers looking for something to do, so it's not clear that this model is replicable in every case. That said, mall owners across the country are investing in their properties at the highest rate since 2008 on the logic that they can breathe life into their businesses by making the shopping mall a destination in its own right.

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 12:30 p.m. ET: 885,687 — Total deaths: 44,216 — Total recoveries: 185,447Map.
  2. U.S.: Total confirmed cases as of 12:30 p.m. ET: 190,089 — Total deaths: 4,127 — Total recoveries: 7,141Map.
  3. Federal government latest: Vice President Mike Pence said that White House modeling suggests "Italy may be the most comparable area to the United States" in terms of the impact of the coronavirus pandemic.
  4. State updates: Washington and California appear to have slowed their surges of new cases — Florida cases have been doubling the past four days, approaching 7,000.
  5. China: The coronavirus could threaten D.C.'s bipartisan China consensus.
  6. 2020 update: Bernie Sanders urges Wisconsin to delay April 7 primary.
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  9. Other resources: CDC on how to avoid the virus, what to do if you get it.

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Podcast: The Defense Production Act

The Trump administration has been hesitant to fully invoke the Defense Production Act to address medical supply shortages during the novel coronavirus outbreak. The New York Times reports that the Department of Defense has implemented DPA regularly during Trump’s presidency. Dan goes deeper with the Times' Zolan Kanno-Youngs.

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Pence: Coronavirus impact in U.S. may be "most comparable" to Italy

Vice President Mike Pence told CNN Wednesday that White House modeling suggests "Italy may be the most comparable area to the United States" in terms of the impact of the coronavirus pandemic.

Why it matters: Italy has become one of the global epicenters of the pandemic, with 105,792 cases and 12,428 deaths. Public health experts have warned for weeks that the U.S. would be on the same path if it didn't take drastic measures to stem the spread of the virus.

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