Retail Growth More Prevalent Than You Might Think

Retail real estate might not be in such bad shape after all.

Despite news about store closures, there are plenty of chains with expansion plans, and the sector is performing strongly overall in the face of exponential e-commerce growth, according to a Marcus & Millichap report. After all, the past holiday shopping season was the best in years, and not all of that was due to online purchases.

Much of this is due to strong macroeconomic numbers being experienced across the country, including job and GDP growth, which have boosted consumer confidence and not steered shoppers away from stores...   ...more

RSK: If this is true, and I have no reason to doubt it, certainly good news for the retail sector. It seems be the case here in Southern Wisconsin as well.

Ken Notes: I have been traveling a bit and have noticed successful growing retail is more event / festival like. Think live music, food, shops, theatre, Hilldale (needs more entertainment) may be on the right track and State Street is very close (needs more retail).