Industry Trends
Physical Retail Faces a 'Wave of Store Closures'? A Math Teacher Would Disagree
Recent reports of a 'store closure wave' in physical retail may seem alarming, but the numbers tell a different story. With annual new commercial property construction at 190 million square meters, the 600,000 square meters of closures in the first half of 2016 represent less than 0.64% of new supply, indicating that the sector is still growing.
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