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...
While the past few years have seen brick-and-mortar retailers embrace big-box stores with large footprints, a recent study from placer.ai found that smaller stores come with their own set of benefits. A growing number of tenants are experimenting with reduced...
Target is shifting its retail strategy to focus on larger store sizes in order to best meet its same-day fulfillment goals. Target is planning to shift its real estate strategy by focusing on larger-format stores at nearly 150K SF, the company announced Thursday. The...
