RETAIL TRENDS 2016-2017

 

Grocery stores expanding in the Triad market

•Publix has multiple planned locations including Clemmons and High Point

•Wegmans and Sprouts looking in the market

•Aldi + Lidl expanding in the Triad market

 

Downsizing/Closings of big box stores

•Vacancies of stores such as Macy’s, Kmart, and Sears

•Opportunity to redevelop into a use that will better fit the space

 

Shopping Centers attracting restaurants & service tenants

•Moving away from big box retailers

 

Urban core development

•Repurposing old vacant buildings into mixed-use & retail