Retailsphere has announced confirmed expansion plans for popular retailers throughout the fast growing retail sectors of grocery, fast-casual, and value-based concepts.
Mike McKean, Founder & President of Retailsphere said, “By talking directly to decision makers at retailer of all sizes, we have gained incredible insights into their needs and com-pany goals. And for the first time in years, retailers are opening more stores than they’re closing. In fact, nearly 60% of retailers that we’ve spoken with have plans for expansion.”
By our calculations, 52% of grocery concepts are expanding, 52.5% of fast-casual restaurants are expanding, and 58% of value concepts are expanding. “Whether by hundreds or by the handful, these expanding retailers all offer opportunity for shopping center landlords and brokers looking to fill vacancies,” said McKean.
Confirmed retailer expansions for 2021 include: Aldi, Sprouts Farmer’s Market, Publix, Trad-er Joe’s, Foxtrot Market, Nekter Juice Bar, Crumbl Cookies, Blue Bottle Coffee, Which Wich, Dave’s Hot Chicken, Dollar Tree, Family Dollar, Burlington Stores, Tractor Supply, and Target.
Retailsphere provides more comprehensive retailer data and retail related news than any other platform available in the industry. Retailsphere’s retailer profiles give shopping center owners, leasing executives, and commercial real estate brokers the data they need to analyze the market and make strategic business decisions when approaching potential tenants. Founded in 2018, Retailsphere has more accurate data in dozens of metro areas across the United States than any other database. Retail insights from every angle.
