Rough road ahead for chain retailers ... but maybe not so bad for independents.

Yet more bad news for the chain retail industry: February-March were the worst months for retailers since 2009, with retail stores eliminating 60,000 jobs.

This could be good news for downtowns and for independently owned downtown retail businesses, with market share shifting from malls to main streets. Independently owned businesses have always been more adaptable to local markets than chain retailers. And, downtowns already have many non-retail uses.