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Retail Lobby: “We Lied About Organized Theft”

The Big Picture

billion in retail inventory losses in 2021 was not “attributable to organized retail crime.” That line is just another in a long series of falsehoods put forth by the professional b *s at the National Retail Federation. This costs retailers anywhere between $15-20 billion annually in the US. No, “ nearly half ” of $94.5

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Retail as a Service

The Big Picture

I want to float a new concept to CRE owners: Retail as a Service (RaaS). Not just the upper floors that tenants rented, but the ground floor retail as well.2 A fully occupied office tower could be counted on to provide enough foot traffic to support a retail store, coffee shop or restaurant.

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Retail Sales Increased 0.7% in March

Calculated Risk

On a monthly basis, retail sales were up 0.7% retail and food services sales for March 2024, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $709.6 This graph shows retail sales since 1992. Retail sales ex-gasoline were up 0.6% percent from March 2023.

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Grinch: Ignore Black Friday Retail Forecasts

The Big Picture

It’s Black Friday and you know what that means: Lots of promotional sales and lots of holiday retail spending forecasts. Holiday retail sales have averaged an increase of 4.9% The post Grinch: Ignore Black Friday Retail Forecasts appeared first on The Big Picture. billion and $960.4 Last year’s holiday sales grew 13.5%

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Retail Sales Rebound in February

Advisor Perspectives

The Census Bureau's Advance Retail Sales Report for February revealed a 0.6% rebound in headline sales from January, the largest monthly rise in consumer spending since September. The latest increase, however, was lower than the anticipated 0.8% monthly growth.

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Retail Sales Increased 0.6% in December

Calculated Risk

On a monthly basis, retail sales were up 0.6% retail and food services sales for December 2023, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $709.9 This graph shows retail sales since 1992. Retail sales ex-gasoline was up 0.7% percent from December 2022.

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Moody's: Retail Vacancy Rate Unchanged in Q1

Calculated Risk

During the holiday season, consumer activity was robust but as expected, decelerated in January as retailers reduced their expenditures at the start of the year. However, February marked a resurgence in consumer spending, with retail sales climbing by 0.6%. Asking rents rose slightly by 0.2% increase to $18.98

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