Amid a retail bloodbath last year and the first two months of 2018, the U.S. still has far too many shops, and their numbers need to shrink — 1 out of 5 need to close to reach the historical average, according to Costar, a research firm. By the numbers: Ryan McCullough, senior real estate economist with Costar, said the U.S. has 18% too much retail space when compared with the historical average.
RSK: So will they be big box stores or ma and pa franchises. Hard to say but betting on a mix. Amazonization....you will be hearing that word quite often. | ||
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