It is no secret that the Corona virus is hitting businesses extremely hard. ABC reported that the Victoria's Secret on Broadway in Midtown Manhattan is closing. According to ABC the rent is nearly $1 million a month! That means that the store has to pay more than $30,000 a day just in rent. That is a lot of underwear!
Obviously this is not just a problem for Victoria's Secret. More info on Manhattan store closings in this New York Times article.
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