Matthew Harding, left, and Melissa Sievwright of Levin Management

NORTH PLAINFIELD, NJ—Coming off a positive year and holiday season, retailers within Levin Management Corporation's 100-property, 14 million-square-foot portfolio are fundamentally optimistic about prospects for 2018, although nearly two-thirds of survey participants say it has become harder to find qualified candidates for jobs they are trying to fill, and employee pressure for higher wages and better benefits is rising.

The North Plainfield-based commercial real estate services firm today released the results of its 2018 Outlook Retail Sentiment Survey, which also point to shifts stemming from current economic conditions and the continued evolution of the retail industry itself.

By the numbers, 64.1 percent of Levin survey participants in the annual January poll reported 2017 annual sales at the same level or higher than 2016. This compares to a five-year trailing average of 57.5 percent. And, for the holiday season, 66.2 percent of respondents reported same-or-higher sales compared to the 2016 holiday season, while 67.0 percent reported same-or-higher in-store traffic. This compares to five-year trailing averages of 62.7 and 60.4 percent, respectively.

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Steve Lubetkin

Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].