Despite rising cases of breakthrough coronavirus infections and the resulting uncertainty over the efficacy of current vaccines against variants, the retail property market shows impressive signs of recovery at yearend. Retail sales have moved well above pre-pandemic levels for months, retailer … [Read more...] about 12.14.21: ANNOUNCED STORE CLOSINGS IN 2021 APPROACH AN ALL-TIME LOW
3.15.21: RETAIL STORE OPENINGS ARE PROJECTED TO OUTNUMBER CLOSINGS IN 2021
In the debate about the long-term viability of brick-and-mortar retail, it appears that those who wrote off physical stores based on 2020’s pandemic-driven wave of bankruptcies and store closings may have spoken too soon. Citing data from Coresight Research, CNBC reported that planned store openings … [Read more...] about 3.15.21: RETAIL STORE OPENINGS ARE PROJECTED TO OUTNUMBER CLOSINGS IN 2021