In part 1 of CBC’s “Consumer Trends & Celebrities Shaping the Retail Landscape in 2024: Part 1” blog series, we explored the success of entertainment and retail, thanks to public figures like Taylor Swift and Coach Deion Sanders. In part 2, we will dive into...
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...
Malls were amongst the hardest hit retail sectors during the peak of the pandemic. Traditional indoor malls were closed due to stay-at-home orders, and rent collections from tenants seized entirely. Anchor tenants, such as JCPenney and Nieman Marcus, filed for...