This Pop-Up Retail Data Tells The Real Story Of Why Retail Real Estate Is Struggling


This Pop-Up Retail Data Tells The Real Story Of Why Retail Real Estate Is Struggling


There are two statistics provided by pop-up retail platform Appear Here that at first seem totally paradoxical, but on closer inspection give an insight into why retail real estate is having such a hard time in the U.S. and UK.

The first is that 20% of the brands it has found space for in 2019 have extended their stay beyond the initial lease period. The second is that 6.1M SF worth of requests for space from retailers using its platform, about half of all enquiries, went unfulfilled by landlords in 2018.
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RSK: Very interesting. Pop-Ups give flexibility to retail and brands....it may be the future of brick n mortar retail.

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- - Volume: 7 - WEEK: 45 Date: 12/3/2021 6:11:39 PM -