By
Retail sales were flat last month after a buoyant March, the Commerce Department said on Friday, as Americans continued spending their latest round of government stimulus checks.
The pace for April was a slowdown from the prior month, when retail sales rose by 10.7 percent, as vaccinations increased and people became more comfortable outside their homes, spending more money on clothing, restaurants, bars and sporting goods. Retail sales, which experienced record drops just over a year ago at the onset of the pandemic, have been closely watched as monthly gauges of the health of the economy and the mind-set of consumers.
Retailist Magazine By Beau Arnason The rise of online and mobile shopping has prompted years of introspection laced with concern from retail professionals. The convenience, accessibility, and growing popularity of online platforms spurred speculation from inside and outside the industry that brick-and-mortar retail was a dinosaur on the glide path to, if not extinction, then…
Commerce + Communities Today By Steve McLinden Across the U.S., developers feel frustrated as they work to bring new and revitalized retail and mixed-use projects to their communities. In their relations with economic development professionals, they may perceive miscommunications, old demographic information, outdated zoning and unrealistic expectations. 1. Cities need to get out of their…
Chain Store Age By: Al Urbanski For place making, negative space geometrics is the primary consideration and public spaces should be designed like a “string of pearls” that unconsciously lead visitors through the entire complex. Read more at Chain Store Age…
info@steiner.com
614.414.7300
