May
26
Economy Watch: Fast-Casual Restaurants to Lead Retail Growth
ByCushman & Wakefield’s first-ever retail and restaurant expansion guide reveals which concepts should thrive and which could struggle going into 2017.
Garrick Brown, Vice President of Retail Research, Cushman & Wakefield
Led by franchise and fast-casual restaurant chains, North American retail growth into 2017 will be overwhelmingly driven by discount and off-price apparel, food, and service concepts, according to a report by Cushman & Wakefield published in conjunction with the International Council of Shopping Centers. It was released this week at RECon.
The firm’s first-ever North American Retail and Restaurant Expansion Guide tracks the growth plans of about 2,000 national retail and restaurant chains across 22 categories in the U.S. and Canada. The report also provides a glimpse into those chains’ projected growth over the next year and into 2017, and also includes projections for concepts experiencing negative growth that may be closing existing stores or adjusting brick-and-mortar footprints…
Economy Watch: Fast-Casual Restaurants to Lead Retail Growth
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