Property News · August 5, 2019

Large US stores might be closing, but smaller niche retailers are taking their place, analysts say


There is a saying that when one door closes, another opens. In retail, it is true.You might have noticed some major chain stores such as Sears and Kmart leaving your neighbourhood. At the same time, you could see new stores popping up, some with less familiar names such as Aldi and Trulieve.Nationally, large stores are closing, “but there’s just as many, if not more, stores opening”, said Katy Welsh, senior director for Colliers International, a real estate and investment management company…

Source : South China Morning Post
Read more…Large US stores might be closing, but smaller niche retailers are taking their place, analysts say

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