As the fallout from the COVID-19 pandemic continues, customers continue to be wary of large group gatherings, and many are facing economic hardships. But eating out, or at the very least take out, seems somewhat pandemic proof. In their recent report, McKinsey ran down the current reality of the restaurant business. The verdict? Easy take-out… Continue reading How Quick Service Restaurants (QSRs) are Winning during Covid-19
Category: Expanding Retailers
Dozens of Retailers expand in New Jersey
New Jersey is known for its shopping, boasting the most malls in one area in the world—7 in just a 25 square mile radius. And while the pandemic may have put a temporary damper on the Garden State, New Jersey continues to see ongoing opening and expansion of retail. This growth could even increase due… Continue reading Dozens of Retailers expand in New Jersey
5 Expanding Retailers in New York State
It’s impossible to deny that New York’s economy has taken a hit because of the pandemic. Beloved restaurants closed their doors for good and chain retailers have flown the coup. According to the Center for an Urban Future, New York City lost 3.7% of its chain stores and restaurants. Still, 24% of chain retailers grew… Continue reading 5 Expanding Retailers in New York State
6 Retailers Expanding in California
The Retail Industry has struggled for years because of internet giants like Amazon, especially now with COVID-19, but retailers in the food industry have a different story to tell. Here are five retailers expanding amid the Retail Apocalypse and COVID-19. Target Starting on the East Coast, Target quickly became essential to those on the West… Continue reading 6 Retailers Expanding in California
Could an E-Commerce Brand be your Next Tenant? Casper Partners With Sam’s Club
E-commerce driven, direct-to-consumer retail has boomed over the last decade. Companies like Warby Parker, Dollar Shave Club, and Glossier have disrupted their respective industries, offering design forward products, as well as clever and beautiful marketing, at a lower than expected price point. In 2014, Casper set out to flip the mattress industry on its head.… Continue reading Could an E-Commerce Brand be your Next Tenant? Casper Partners With Sam’s Club
Target among the Retailers Opening New Doors in Florida
Everyday it seems like another big retailer is declaring bankruptcy, announcing another set of store closures. The whole retail industry seems to be dwindling, that is if these constant closings are the only news. Despite the pandemic, other retail companies are announcing expansion. We’ve identified several brands that are, in fact, continuing to expand. While… Continue reading Target among the Retailers Opening New Doors in Florida
Pennsylvania Quickly Becoming an Expansion Hotspot
The retail market in Pennsylvania continues to attract a host of new and expanding retailers, despite the pandemic slowdown. As the fifth-most populous state in the union with roughly 13 million residents, Pennsylvania remains a magnet for the latest concepts. A litany of new tenants are coming aboard Fashion District Philadelphia, a redevelopment of the… Continue reading Pennsylvania Quickly Becoming an Expansion Hotspot
Retailers continue to expand in Maryland
Everyday, another store closes. Big retailers are declaring bankruptcy and signaling another round of closures. The whole retail industry is in flux. Despite the pandemic and depletion of some retailers on the scene, other retailers are swooping in capitalizing by announcing expansion. The old adage, “When one door closes, another one opens” becomes literal in… Continue reading Retailers continue to expand in Maryland
Virginia Expansion Explosion includes Amazon
Virginia has been targeted for millions of square feet of new brick-and-mortar shops, both by developers seeking to capitalize on Amazon’s forthcoming HQ2 headquarters move to Arlington/Alexandria near Washington D.C., and by retailers seizing opportunities throughout the economically diverse state. Plans are in the works for a variety of creative live-play-work destinations to cater to… Continue reading Virginia Expansion Explosion includes Amazon
Food hall Flexibility: A promising response to the pandemic
COVID-19 has brought into question how big a role food-and-beverage tenants will continue to play in the long-term vision of using socially oriented, experiential concepts to revive retail real estate. The restaurant industry, like many other parts of the economy, enjoyed robust growth until the pandemic struck. Late last year, the National Restaurant Association projected… Continue reading Food hall Flexibility: A promising response to the pandemic