market trends Tag

Market Trends In Commercial Real Estate

Momentum Still Strong for Retail Bargain Hunters

“With the growth of e-commerce, consumers have become increasingly price-aware and are now accustomed to the convenience and immediacy of online shopping, and brick-and-mortar retailers have been challenged to find ways to get those customers out of the comfort of their computer chairs and back into the store. Off-price retailers such as Nordstrom Rack and TJX Companies have proven to be somewhat immune to the threat of e-commerce because they offer customers a rapidly changing inventory of designer-quality products at significant discounts that cannot be easily found online, which gives these price-savvy customers the reward of a successful bargain hunt.”

– Bob Smietana, CEO of HSA Commercial

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