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Economy

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Storefronts struggle as online shopping booms

As online holiday shopping sales are expected to hit a record-breaking $189 billion this season, many people are wondering what will be left of the physical landscape of American cities as businesses grapple to evolve in the face of a changing economy and restrictions forced by the coronavirus pandemic. Dana Jacobson speaks to experts in the real estate field to hear about the growing challenges faced by store owners and the landlords who rent to them.

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COVID and the looming eviction crisis

Coronavirus has already had a devastating economic impact: One in four American households has experienced job loss or diminished income during the pandemic. Potentially, millions of Americans are at risk of losing their homes starting January 1, when a government moratorium on evictions ends. "Sunday Morning" senior contributor Ted Koppel talks with tenants and a landlord, and with Pulitzer Prize-winner Matthew Desmond ("Evicted: Poverty and Profit in the American City"), about an impending housing crisis.

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