NOT FOR REPRINT
Page Printed from: globest.com/instant-insights/retail-rising/
Although malls are evolving, Macy's department store will continue to maintain a big box presence where appropriate.
While rising gas prices helped to send visits plunging in early March, the situation has since stabilized.
Projections that grocery e-commerce sales will double by 2025 haven't slowed the pace of acquisitions of open-air retail properties.
The 2022 edition of ICSC's Las Vegas convention is gearing up, and GlobeSt.com takes some time to chat with a few expert sources on their expectations and predictions for this year's in person show.
So far the retail sector has been resilient as consumers fret about rising prices.
The number of charging stations on the market now are inadequate to meet the needs of existing EV motorists.
Post-pandemic prototypes stress drive-thru, mobile-order and third-party pick-up options.
Banks shuttered nearly 18% of in-store branches last year and doubled the monthly rate of branch closures.
New stores downsize to 10K SF and existing stores offer 3,500 SF to primary care physicians as focus shifts from convenience to healthcare.
Unibail aims to unload its $13B portfolio of Westfield malls by the end of 2023, even if it has to sell at a substantial discount.
