{"id":21785,"date":"2023-02-28T16:10:15","date_gmt":"2023-02-28T16:10:15","guid":{"rendered":"https:\/\/www.anthonydidonato.net\/wordpress\/?p=21785"},"modified":"2023-02-28T16:10:15","modified_gmt":"2023-02-28T16:10:15","slug":"retailers-are-in-expansion-mode","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/retailers-are-in-expansion-mode\/","title":{"rendered":"Retailers Are in Expansion Mode"},"content":{"rendered":"\n

Retailers in the U.S. plan to open more new stores this year than close stores, indicating a hopeful sign for a rebounding sector. The news of more retailers in expansion mode follows a strenuous year of survival for many retailers, in which the COVID-19 pandemic caused many shutdowns in 2020.<\/p>\n\n\n\n

Grocery, fast-casual, and value stores are the retail leaders that are planning to expand this year, according to the report from RetailSphere. More than half of the companies in these three sectors say they intend to further develop their businesses this year, according to RetailSphere.<\/p>\n\n\n\n

\u201cSome companies are opening a handful of stores; others are expanding by hundreds,\u201d according to the report. \u201cGrocery, convenience, and fast-casual and value dominate the list of national and regional retailers that are growing.\u201d<\/p>\n\n\n\n

Discount stores\u2014like Family Dollar and Dollar Tree\u2014are expected to add the most stores this year, opening 500 and 700 locations, respectively.<\/p>\n\n\n\n

During the pandemic, retailers closed a record number of locations, according to CoStar Group. But the increase in vaccinations and a rebound in consumer spending in brick-and-mortar retail locations is helping the retail sector to recover.<\/p>\n\n\n\n

2021 is on track to have the least amount of retail shops closing in more than a decade, according to CoStar.<\/p>\n\n\n\n

The sector isn\u2019t out of the woods yet, however. Fears over an increase in COVID-19 cases could curtail in-person shopping once again. In July, 58% of shoppers surveyed say they felt safe going into stores. But in August,\u00a0the highly contagious delta variant began to spread in the U.S., causing that percentage to drop\u00a0to 47%, according to a\u00a0retail report from Springboard.<\/p>\n\n\n

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\"\"<\/a>
Image by Tumisu<\/a> from Pixabay<\/a><\/figcaption><\/figure>\n<\/div>\n\n\n

\u00a9National Association of REALTORS\u00ae
Reprinted with permission<\/p>\n","protected":false},"excerpt":{"rendered":"

Retailers in the U.S. plan to open more new stores this year than close stores, indicating a hopeful sign for a rebounding sector. The news of more retailers in expansion mode follows a strenuous year of survival for many retailers, in which the COVID-19 pandemic caused many shutdowns in 2020. Grocery, fast-casual, and value stores … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-21785","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nRetailers Are in Expansion Mode - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/retailers-are-in-expansion-mode\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/retailers-are-in-expansion-mode\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/retailers-are-in-expansion-mode\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Retailers Are in Expansion Mode\",\"datePublished\":\"2023-02-28T16:10:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/retailers-are-in-expansion-mode\\\/\"},\"wordCount\":286,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/retailers-are-in-expansion-mode\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/woman-g369a5636c_640.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/retailers-are-in-expansion-mode\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/retailers-are-in-expansion-mode\\\/\",\"name\":\"Retailers Are in Expansion Mode - 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