Hoamgar has closed at Westfield Montgomery Mall. The first location of the Chinese high-end fashion chain outside of Asia has been cleared out. They had a pretty good run, having been open at the mall since May 2013.
Montgomery County has suffered a net loss of over 2100 retail jobs since 2000, according to the Maryland Retailers Association, and a damning report has exposed what I've been saying for over a decade: Montgomery County's economy is moribund.
5 comments:
"Montgomery County has suffered a net loss of over 2100 retail jobs since 2000, according to the Maryland Retailers Association"
According to an unsubstantiated oral statement from a spokesperson for that organization.
Do you of any municipality, county or state that hasnt lost retail jobs in this era of online shopping?
Take your head out of the sand you Ostrich and look at the cranes of development around the county. Hmmm I wonder what that portents? GROWTH and DEVELOPMENT in a "moribund" economy?
ICYMI; https://dc.urbanturf.com/articles/blog/the-3350-residential-units-planned-for-downtown-bethesda/13915
10:46am
I think the latest economic reports confirmed Dyer's reporting that MoCo's economy is indeed moribund.
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