Not even the Christmas season is expected to turn things around for struggling retailers, which are dropping like leaves and littering vacancies in shopping centers across the country.
With sales down at local malls and retail centers and projected at record lows for the holiday season as households curtail spending, restaurants that rely on retail traffic are preparing for losses.
Lofts and ground floor retail envelop a new Lowe's store in Charlotte, forming a buffer between the large store and the surrounding Dilworth neighborhood.
Where traditional shopping malls were all about creating retail-only internal spaces, new retail developments are mixing uses and returning to the street.
CoolTown Studios looks at a recent study in Portland, OR that shows that certain retail establishments- cafes, movie theaters, wine bars- increase property values in neighborhoods by up to 30%.
Surrounded by storefronts, but nowhere to shop? Charlotte, NC, like many reviving downtowns, has a plethora of restaurants but a lack of significant retail.
New York City is looking at ways to keep beloved local stores from being forced out by high-end shops and restaurants in up-and-coming neighborhoods such as lower Ninth Avenue near the Meatpacking District.
Empty retail space increased dramatically over the last six months, according to data compiled by commercial real estate brokers and investment advisors.
In a part of D.C. that has been largely ignored as the rest of the city reinvents itself with mixed-use development and pedestrian friendly design, one new single-use retail development stands out as an example of what not to build.