We're shopping more - What Retail Apocalypse - Vacancy lowest in two decades, at 5.4 percent,
- Thread starter Dante
- Start date
Dante
"The Libido for the Ugly"
- Thread starter
- #42
It's okay sweetie. Walmart?
What Retail Apocalypse? Shopping Centers Are Making a Comeback.
Vacancy is the lowest it has been in two decades, at 5.4 percent, according to a recent report. The properties are thriving even as retailers like Macy’s and Express shutter many stores.
While the pandemic may have hastened the rebound, it is underpinned by a shift that began more than a decade ago. After the financial crisis and 2009 recession and amid the growth of e-commerce, retailer bankruptcies led to a glut of space that prompted many investors to sell or convert shopping centers and embrace offices, apartments and warehouses. Shopping center space, which had surged from 2006 through 2009, began to shrink — primarily in two waves, first from 2009 to 2016 and then again during the pandemic.
The shopping centers that were still around shifted strategy to meet changing consumer taste, and landlords brought in high-traffic-driving tenants including restaurants and entertainment centers, fitness operators, boutique services, public gathering areas and medical facilities.
In some cases, developers are adding apartments, grocery stores, hotels and offices, while still scaling back excess store space.
Trademark Property is planning to redevelop a 470,000-square-foot center in Arlington, Texas, by reducing the retail space by about half and adding office, residential, hotel and entertainment uses.
Rambunctious
Diamond Member
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Rambunctious
Diamond Member
- Jan 19, 2010
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- 76,149
- 3,605
Actually unhealthy food is cheaper than healthy food...
Helping out the Obese?
thank you
Joe/Kamala
Thank you
H
Harpy Eagle
Guest
Well, shit who would have ever thought those making less money are more maxed on their credit cards.....that is crazy
I guess they need to get their shit together and make more money
Rambunctious
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More Americans are falling behind on their credit card bills.
About 8.9% of credit card balances fell into delinquency over the last year, according to the Federal Reserve Bank of New York — a sign that a growing number of borrowers are feeling the strain of rising prices and high interest rates.
"Everything is more expensive. Debt is more expensive. Rent is more expensive. Food, gas, everything," says Charlie Wise, senior vice president at TransUnion, the credit reporting firm. "Even with relatively healthy wage gains we've seen over last several years, many consumers just aren't keeping up with the price pressures."
HikerGuy83
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And how might that happen.
Well, for starters new retail construction is at a 20 year low. That means that existing stuff is filling up. That's good.
But the liar OP is somehow trying to link occupancy to shopping. When no new construction is under way....guess what. The numbers skew.
And the liar misses not opportunity to lie.
The Stunning Disconnect Between Retail Space Demand and New Supply
Net absorption increased 12.6% quarter-over-quarter while deliveries fell 5.1%.
The gap between demand for store space and new supply is stunning, JLL's report on the U.S. retail outlook for 2Q 2023 reveals. The overall average occupancy for retail centers across the country is 95.4%, while development is less than 0.3% of total inventory. Indeed, net absorption increased 12.6% quarter-over-quarter to 10.8 million square feet – but deliveries fell 5.1% in the same period. Just 11.9 million SF started construction in 1Q 2023 – the lowest level since 2005, according to JLL.
Further adding to the lie.....
More people are taking second jobs and thus impacting precious family and alone time. Thanks Joe/Camel.
More people are taking on second jobs because they literally can't afford not to
Battling inflation, some Americans report not being able to support themselves even with two streams of income.
Sometimes in an effort to reinvent yourself, you drop certain traits. One thing that has not dropped is that Procrustes Stretched is still the same huge liar that Dante was.
H
Harpy Eagle
Guest
More people are taking second jobs and thus impacting precious family and alone time. Thanks Joe/Camel.
More people are taking on second jobs because they literally can't afford not to
Battling inflation, some Americans report not being able to support themselves even with two streams of income.fortune.com
A higher percent of people held two jobs in 2019. was that due to the shitty economy also?
Dante
"The Libido for the Ugly"
- Thread starter
- #49
Wait a minute.And how might that happen.
Well, for starters new retail construction is at a 20 year low. That means that existing stuff is filling up. That's good.
But the liar OP is somehow trying to link occupancy to shopping. When no new construction is under way....guess what. The numbers skew.
And the liar misses not opportunity to lie.
The Stunning Disconnect Between Retail Space Demand and New Supply
Net absorption increased 12.6% quarter-over-quarter while deliveries fell 5.1%.www.globest.com
The gap between demand for store space and new supply is stunning, JLL's report on the U.S. retail outlook for 2Q 2023 reveals. The overall average occupancy for retail centers across the country is 95.4%, while development is less than 0.3% of total inventory. Indeed, net absorption increased 12.6% quarter-over-quarter to 10.8 million square feet – but deliveries fell 5.1% in the same period. Just 11.9 million SF started construction in 1Q 2023 – the lowest level since 2005, according to JLL.
Further adding to the lie.....
More people are taking second jobs and thus impacting precious family and alone time. Thanks Joe/Camel.
More people are taking on second jobs because they literally can't afford not to
Battling inflation, some Americans report not being able to support themselves even with two streams of income.
Sometimes in an effort to reinvent yourself, you drop certain traits. One thing that has not dropped is that Procrustes Stretched is still the same huge liar that Dante was.
Are you still the lead Salesperson for the Doom & Gloom brand?
evenflow1969
Gold Member
The last person to reduce the National debt was Clinton. Trump sure as hell didn't. Run a republican that will actually reduce it ya might actually convert some votes with the issue. Till then it's just lip service.
Rambunctious
Diamond Member
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Trump had an Obama Military to rebuild... however most of the debt. Trump had came after a little something called the China virus... so just stop with the gas lighting shit...
H
Harpy Eagle
Guest
Trump more than doubled the deficit, even before COVID.
Your attempt to cover for your god is debunked.
Rambunctious
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That's a lie....
Graphs are accurate. Slanted articles are not. Your link reflects a slight increase vs Covid lows but levels in line with history. No red flags here.
Rambunctious
Diamond Member
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Slanted articles??? they were CNBC and PBS and CNN....
H
Harpy Eagle
Guest
So, it is your position that these new organizations are legit and trustworthy?
Rambunctious
Diamond Member
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You can't even read the dates on that graph... give me a break...
EvilCat Breath
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- Sep 23, 2016
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sometimes, you jst have to shake your head in wonder.
Do you think no one notices the vacant store fronts? Stores are closing because they what? Have too much business?
Do you think no one notices the vacant store fronts? Stores are closing because they what? Have too much business?
Rambunctious
Diamond Member
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I know if they are taking this position its as a warning to the Biden campaign... but yes I'm smart enough to know what stories are legit and which are not...
Yep. Look at the data. They reflect unadjusted balances for wage increases and don’t compare to precovid levels.
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