Experts Believe a Retail Property Surge Is Coming Fueled by US Economy With ‘Strongest Growth in a Generation’

(Getty Images)SOURCE: Loopnet Reporter:  Linda Moss The latest forecast for the U.S. retail property market over the next few years is looking bullish, with the industry buoyed by a strong and fast-growing economy, pent-up consumer demand because of the pandemic, and the desire for shoppers to connect with a human. A panel of executives from…

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Survey: Second-hand retail sales will reach $77 billion by 2025

Dan Berthiaume    Senior Editor, Technology   The resale market is expected to double in the next five years. According to the ninth annual “2021 Resale Report” from online resale platform ThredUp Inc. and retail analytics firm GlobalData, secondhand apparel, shoes, and accessories is now a $36 billion market, projected to double in the next five…

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Dick’s Sporting Goods Bets on Experential Retail

Source:  Chain Store Age Writer:  Marianne Wilson Dick’s Sporting Goods is running fast these days. The nation’s largest sporting goods retailer has had a busy few months, adding soccer shops to namesake locations, remodeling Golf Galaxy stores and opening clearance stores. But its most talked-about initiative has been the debut of an experiential retail concept…

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The Hottest Commodity In Retail For The Foreseeable Future: Drive-Thrus

HoustonRetail May 6, 2021 Christie Moffat, Bisnow Houston     Drive-thrus were the life raft that kept many fast-casual and quick-service restaurant chains afloat during the most difficult days of the coronavirus pandemic. As major brands continue to come up with new and inventive ways to expand and improve their drive-thru offerings, more traditional dine-in restaurants are also pivoting to incorporate drive-thru…

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5 Signs that Retail Is Going to Be OK

SOURCE: Retail Dive  Staff Writer: Daphne Howland  Last year was a challenge like no other for the retail industry. COVID-19 upended people’s existence worldwide, threatening human life and undermining the global economy. Job and wage losses took a toll. Even those able to stay healthy and financially secure have faced disruptions to daily life, upsetting work,…

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Monthly retail sales from the US Commerce Department

The department’s Census Bureau tracks estimates each month. Retail Dive provides the numbers for key segments, and their year-over-year progress, or decline.  [ December sales up 6.7% as shoppers ditch department stores. ] UPDATED: Jan. 19, 2021 REPORTING BY: Daphne Howland, Caroline Jansen DESIGN BY: Nami Sumida  Editor’s Note: Comparisons for individual segments are updated…

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How Restaurants Can Approach an Exit Strategy

If the restaurant is facing double-digit reductions in revenue, a decrease in staffing, and no immediate path to recovery, then the operator needs to contact a professional, Webb says. Source: NRN BEN COLEY  October 2020 With colder months ahead and a second wave of COVID-19 predicted by some public health officials, the path forward for…

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