The 2014 Retail Report forecasts positive growth and new opportunities for the retail market in the year to come. As we begin the new year, the air is full of optimism and promise for many retailers, developers, and landlords. Highlights from this years report include:
- Opportunities for growth remain fundamentally strong as creative retailers and developers embrace the constantly evolving retail market (ie. the growth of internet transactions)
- The shift in catalysts for new shopping center development away from traditional big box retail anchors
- Urban and “infill” revival helps bring new life to nearby shopping centers that have been neglected or underutilized for years