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Retailers Look to Nearby Grocers to Draw Traffic


Grocery stores were deemed an essential business and remained open during the pandemic. They also posted record sales volume. Meanwhile, many malls and other retail stores closed for months and saw plummeting sales.
That’s why more retailers want grocery stores near them to attract more foot traffic. Grocery-anchored shopping centers are drawing heightened investor interest—and higher prices, The Wall Street Journal reports.
Continue…https://magazine.realtor/daily-news/2021/07/06/retailers-look-to-nearby-grocers-to-draw-traffic

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Perrella & Associates
1932 E 2nd Ave
Hibbing, MN 55746
Phone: 218-262-5582
Fax: 218-262-5584
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