We’ve been here before. In early 2020, uncertainty was the word of the day, with the brief but serious recession induced by the pandemic and social distancing measures all over the globe. Somehow, things quickly rebounded and shoppers kept spending—albeit on things like home gym equipment and casual clothing until lockdowns eased. When that happened, people were eager to dine out and travel safely again.
The 2022 holiday shopping season is well underway, and it seems that despite talk of a looming recession, shoppers are still heading to the malls and shopping centers in droves. Consumer demand seems strong for now, but as we all know, not a lot is certain in today’s economy! The retail landscape could change significantly after the peak holiday shopping season. Retail sales could slow down across many retail sectors, which could mean changes for those of you in the retail real estate business.
Topics: Real Estate Analytics Tool, Void Analysis, Landlord Rep Brokers & Owners Industry, Tenant Rep Brokers & Developers Industry, Retail Match, Commercial Real Estate Analysis Software, Match Score
SiteSeer knows market research, retail real estate, site selection and more, but we never purport to know more about an industry than those working in it day in, day out. That’s why when we wanted to dig deeper into the state of commercial real estate in the United States, we decided to turn to two experts in our network to get their insights.
Anyone who uses SiteSeer (or is familiar with our software) probably knows that we have partnerships with many different data providers. Whatever your analytics needs, if you want third-party data, SiteSeer can connect you with whatever data you are looking for.
Step #5 in our Site Selection Checklist for making intelligent site selection decisions is to get the help of a broker.
It’s been in the making for a while now, but we’re very excited to give you a sneak peek of what is coming with SiteSeer 3.0 in June 2020!