Traditional Dollar General stores cater to a demographic with income less than $40,000 and are strategically placed in rural areas, not likely to have a large retailer, such as Walmart to contend with. Notable for bargain deals on basic needs, Dollar General thrived as an essential retailer, remaining open during the outbreak of the pandemic. […]
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 […]
Home of the Rock N’ Roll Hall of Fame, its own unique brand of barbecue, and plenty of other tourist attractions, we all know Ohio is way more than cornfields. But when you take a look at the plans for retail expansion in 2021, you may just start singing “OHIO rocks!” The following 4 retailers […]
With economic recovery as a nation in a constant state of rise and fall, some retailers are finding growth in a time filled with uncertainty. For some retailers, economic relief and recovery will not come in time, but for others, it will bolster their expanding businesses. One of those places includes Arizona, with a population […]
An influx of new citizens moving to South Carolina from all across the U.S. has elevated the "Palmetto State" to the country's sixth fastest-growing state in 2020, creating ideal demographics for retail expansion.The Charleston-Mt. Pleasant and Greenville areas, in particularly, have consistently ranked highest among U.S. growth markets over the past decade, aided by roaring […]
The Retail Industry has struggled for years and even more so now with COVID-19, but some are starting to see a flicker of light at the end of the tunnel, and we wanted to share the top three retailers expanding in Rhode Island, even during the pandemic. Market Basket: Starting in 1917, Market Basket proudly […]
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 […]
Food halls are trending. If you’ve never heard of a food hall, don’t be so quick to pass it off as your everyday food court, because they’re so much more than that. Food halls are filled with unique, local restaurants with food made from scratch. Some even feature dessert stops, butchers, bakeries, markets, shops and […]
Medical marijuana is now legal in 36 states, and recreational use is legal in 15 (plus D.C.). The legal cannabis market is expected to exceed $73 billion by 2027, and the mood across the country has irrevocably shifted in how cannabis is viewed and used. Most notably are the cannabis dispensaries and retailers popping up […]
The Northeast may be in the middle of winter, but there’s still heat in the retail market. Small and medium sized retailers are the life-blood of the American economy, and Northeastern brands are bringing a dose of vitality with them as they expand in the region. From hometown brands opening their second location to regional […]
