Economy Watch: Contrary to Expectations, Some Retailers Are Expanding

June 14, 2017

Economy Watch: Contrary to Expectations, Some Retailers Are Expanding

June 1, 2017 | by Dees Stribling | Commercial Property Executive 

While retail bankruptcies are at an all-time high, there are certain retailers that are still expanding, mainly in the off-price or discount category, according to a recent CBRE retail report.

This is a time of retail closings. Just this week, Michael Kors joining the contractions—the latest in a long string this year. Even so, there are big-box retailers opening hundreds of stores covering tens of millions of square feet this year with less fanfare, according to a CBRE Group report released Wednesday.

In the report, the company highlights 13 retailers with plans to open nearly 1,700 stores all together in the U.S. this year, totaling more than 40 million square feet. Many are off-price retailers or discounters, which shoppers are increasingly favoring because they offer low prices, as well as occasional surprise discounts and limited-time merchandise to encourage return visits.

Read Full Article Here

Print Friendly, PDF & Email
Go Back
John E. Moriarty, ChFC
December 2015
February 3, 2016

I have been in the financial services industry for 20 years and our firm provides an education platform that gets clients to “think differently” about their financial picture.  For many years we have communicated to clients the need to diversify their portfolios using alternative asset classes and more specifically, private non-traded investments.  Due diligence on these types of financial vehicles is essential and when I learned about Blue Vault in 2010, our firm immediately began using their material as a tool to build confidence in the minds of our advisors on which alternatives to recommend to clients.  I am impressed with the way Blue Vault continues to add value to their subscribers and I view their publication as a tremendous resource in today’s complex world.