• Florida's strong economy and rapid populaton growth are driving the state's retail markets to record low vacancy rates and with construction at an all-time low, demand continues to exceed supply.
  • E-commerce is thriving and rapidly expanding in the state. Shoppers have more ways than ever before to access goods.
  • E-commerce sales are not entirely attributed to strictly online retailers, but rather approximately 50% of on-line sales are going to brick and mortar locations. 
  • The increased share of e-commerce sales suggests, retailers need to focus on providing multi-channel or omnichannel services in order to meet customer demands for multiple avenues to purchase goods.