Retailers That Drove Leasing in 2023

The Retailers That Drove Leasing in 2023

On December 18, 2023, at 4:34 P.M., the U.S. retail sector sustained its expansion throughout 2023, witnessing tenants lease more than 240 million square feet of retail space up to […]

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Philadelphia Retailers Downsize Store Requirements, Leading to Smaller Average Retail Lease Sizes

Average Retail Lease Size Gets Smaller as Philadelphia Retailers Reduce Store Size Requirements

The trend of diminishing retail lease sizes continues in the Philadelphia metropolitan area, spurred by the COVID-19 pandemic’s ongoing impact. In 2023, the average retail lease size shrank by nearly […]

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Target Expands Drive-Up Returns

Target Expands Drive-Up Returns As Chains Cope With Unwanted Online Purchases

Discounter Target plans to roll out drive-up return services for customers across its chain nationally as retailers change the look and design of their stores to inexpensively handle sent-back merchandise […]

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Some Retail Tenants look to Aggressively Expand

Retailers look to expand amid the economic uncertainty

Despite lingering uncertainty in the economy, some retailers are preparing to roll out robust expansion plans in 2023 and subsequent years. An analysis by Minneapolis-based commercial real estate firm Northmarq […]

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Retailers Still Opening in Malls Despite Potential Recession

Retailers and Malls Despite Recession

The biggest shopping mall owners in the United States say retailers are still forging ahead with plans to open new stores in spite of growing recession fears and decades-high inflation […]

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