The American retail sector is back in business and many companies are in expansion mode. According to a report from RetailSphere, a provider of retail analytics, there are more retailers who are planning to open new stores this year rather than close existing premises. The news of a rebound in retail follows a tumultuous 2020
Mall owners optimistic of recovery as foot traffic rises
May 3, 2021 by
Shopping malls have seen foot traffic jump substantially in recent weeks, and now some are hopeful for a rebound in a sector that has been one of the hardest hit by the COVID-19 pandemic. A March survey by Placer.AI of 52 U.S. malls that based on mobile phone location data, found that foot traffic jumped
Investors Target Eastern European Retail Property
January 25, 2012 by
The limited supply of high-end retail property in Eastern Europe has sparked a race among international real estate investors, who are keen to cash in on the growing spending-power of the region’s middle classes, according to new data from a research firm.