Market Monday: June 2020 Retail Update

Monday, July 13th, 2020
Verani Commercial

Not surprisingly retailers are a litttttle leery signing new leases in the midst of a pandemic. Even with businesses beginning to open up across the country in May and June, there are still too many unknowns out there.

Among those questions are:

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The "New Normal" Post Pandemic: Retail

Friday, July 10th, 2020
Verani Commercial

Could this be the jab to the throat brick-and-mortar retail was trying to avoid? Back in February forecasts were predicting that U.S. retail would see moderate growth somewhere around 2.8% in 2020. This was PC (pre-COVID), of course. Now, the newest available data is showing that U.S. retail sales will most likely decline 10.5% this year, and those getting hit the hardest will be brick-and-mortar retail stores.

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Market Monday: February 2020 Retail

Monday, March 30th, 2020
Verani Commercial

Even with a strong Holiday season at the end of 2019, brick and mortar stores have been struggling to increase in-store sales and compete with online giants. Coming into 2020, experts anticipated that there were going to be a number of store closings in addition to the previously announced upcoming closings.

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The Revival of Brick & Mortar Shopping this Holiday Season

Wednesday, November 27th, 2019
Lindsey Goodrich

This year’s holiday season is looking favorable for retailers. With the economy, household incomes and employment levels holding steady, ICSC is anticipating a 4.9% increase over last year’s $832.3 billion holiday sales. The average American adult is expected to spend nearly $700 on holiday-related items including gifts and decorations. 

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  1. 2020
    1. July (8)
    2. May (1)
    3. April (1)
    4. March (7)
    5. February (2)
    6. January (1)
  2. 2019
    1. December (1)
    2. November (1)
    3. October (2)
    4. September (2)
    5. August (3)
    6. July (1)
    7. June (1)
    8. February (1)