Business & Tech
With Foot Traffic Down, Loop Storefronts Struggle To Stay Open
CBS 2 Morning Insider Tim McNicholas reports shops are still paying thousands of dollars per month in rent, but they're not making much.
CHICAGO (CBS) — Chicago’s once bustling Loop is akin to a ghost town amid the COVID-19 pandemic. Foot traffic downtown has dropped about 80 percent compared to this time last year.
CBS 2 Morning Insider Tim McNicholas reports shops are still paying thousands of dollars per month in rent, but they’re not making many sales.