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The Washington Independent
The Washington Independent

More Empty Space at the Mall

Karan Emery
News
Last updated: Jul 31, 2020 | Jul 29, 2008

The Bennigan’s and Steak & Ale restaurant chains have filed for bankruptcy and are closing their doors, leading to the elimination of some 300 stores, The Wall Street Journal says today. The two sit-down chains have been part of the casual dining landscape for decades, the paper explains. These closings follow a recent decision from Starbucks to close 600 stores. All this means more empty space at the mall, and more problems  for regional banks that made commercial real estate loans for strip mall developments. Calculated Risk explains it this way: "More empty space available. More bad debt. More consumer ripples."

The credit squeeze keeps getting tighter.

Karan Emery | I'm a research scientist interested in learning more about how neural activity influences and shapes human behavior. Project design and management, data analysis and interpretation, and the creation and implementation of testing tools are among my specialties. I enjoy coming up with new ideas and coming up with practical solutions to issues that are widely applicable. My colleagues would describe me as a driven, resourceful individual who maintains a positive, proactive attitude when faced with adversity. Currently, I’m seeking opportunities that will allow me to develop and promote technologies that benefit human health. Specific fields of interest include data analytics, biotechnology, and pharmaceuticals.

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