Retail Posts

The Census Bureau recently reported that total ecommerce sales in the US soared by 7.2% year-over-year in Q4 2023, reaching an all-time high of $325 billion. The explosion in ecommerce sales began in 2020 amidst widespread lockdowns and retail closures, driven by consumers’ reluctance to venture out amid...

Amidst the dynamic landscape of the dining industry, marked by its resilience and adaptability in the face of COVID-related challenges and economic shifts, the upcoming year promises further evolution and transformation. An insightful white paper from Placeri.ai provides a better understanding of the trends shaping...

Sports leagues such as the NBA, NFL, and MLB generate billion-dollar revenues, and the venues where these games take place hold significant commercial potential. Many stadiums not only host sporting events but also concerts and other shows, accommodating tens of thousands of spectators at once. This creates enormous...

In part 1 of CBC’s “Consumer Trends & Celebrities Shaping the Retail Landscape in 2024: Part 1” blog series, we explored the success of entertainment and retail, thanks to public figures like Taylor Swift and Coach Deion Sanders. In part 2, we will dive into second-hand apparel retail trends, the rise in...

In recent years, the landscape of food halls has undergone a remarkable transformation, extending far beyond the bustling city centers where they once thrived. Developers, keen on capitalizing on the surge of hybrid work arrangements and the flourishing foodie culture, are now strategically placing these culinary...

As highlighted by recent CBC blogs, the retail sector is thriving. It continues to defy historic lows in available space with plans for another 1,000 new stores to be launched this year, which only underscores its resilience amid challenges in commercial real estate. Deloitte has recently released holiday sales...

Retail Renaissance: Adapting Malls for Success  The modern retail landscape is undergoing significant transformations, spurred by evolving consumer behaviors, technological advancements, and economic shifts. The pandemic accelerated these changes, pushing retailers to pivot rapidly to meet evolving consumer demands....

Chad Hamrick has joined Coldwell Banker Commercial Aspire Realty Services as Senior Vice President.