A concerning trend has emerged in the evolving retail landscape over the past few years: the spike in retail theft. As examples, Los Angeles and Dallas experienced staggering increases of 109 percent and 73 percent, respectively, in shoplifting incidents from H1 2022 to H2 2023. As the problem intensifies, communities are left grappling with the…
Raphy Soussan
We've heard for some time now that traditional brick-and-mortar malls are facing a decline with the uptick in online shopping. However, some experts claim the “death of malls” has been widely exaggerated. According to Coresight Research’s The State of the American Mall report, more malls opened than closed in the last year, the first time…
As in the past few years, the retail sector in 2023 will be heavily impacted by macroeconomic trends such as supply chain constraints and inflation. We remain in a challenging environment characterized by uncertainty. Consumer spending continues to increase, but will it plateau? Inflation appears to be slowing, but will this relief continue? And will…