Retailers in the United States are defying historic lows in retail space availability by planning to launch 1,000 new stores this year, underscoring the sector’s resilience amid commercial real estate challenges. Despite factors like inflation, elevated interest...
The following is a thought leadership post from Dan Spiegel, SVP & Managing Director — Coldwell Banker Commercial Throughout the pandemic, retailers have had to overcome continuous hurdles: expanding digital capabilities, maintaining a workforce, battling...
It comes as no surprise that consumer behavior changed substantially over the past two years. For example, the rise of omnichannel, shifts towards hybrid work, the growth of leisure activities, and increased economic uncertainty all contributed to rapid and...
Throughout the COVID-19 pandemic, we’ve witnessed many retail stores closing their doors for good, which ultimately led to a massive disruption of commerce. Retailers and brands were met with a variety of short-term challenges around COVID protocols, health and...
For the battered retail sector, 2021 seems to have good things in-store. Just recently, the National Retail Federation issued a revised forecast for the year, anticipating that retail sales will now grow between 10.5% and 13.5% as the economy accelerates its pace of...
