Student loan repayments are slated to resume on Sept. 1, and retail landlords that have gotten used to high demand for space could feel a sting.
Approximately 17% of the U.S.’ adult population — around 43 million people — will be affected by the return of student loans, where the average student loan payment is $393 per month and the median is $222, The Wall Street Journal reported. Research suggests that retail spending could fall by as much as $10B a month as household cash flows dip.
Apparel is the category most likely to be affected if American households suddenly have less disposable income, according…