Stores
The Sun Belt is home to thriving retail markets thanks to population migration
The Sun Belt has 13% less available retail real estate compared to the national average, according to JLL.
Katishi Maake is a senior reporter for Retail Brew based out of New York City. He joined Morning Brew in January 2021.
Stores
This week in Retail: 99 Cents Only Stores wind down, Procter & Gamble reports earnings
The close of business on Friday is the last day 99 Cents Only will accept merchandise credits and gift cards.
DTC
Nike remains one of the most popular brands among teenagers
But teens are spending less, per survey.
Stores
San Francisco retail is struggling, but one developer believes all hope is not lost
At the end of Q4 2023, the San Francisco office market vacancy rate hit an all-time high, according to CBRE.
Operations
This week in retail: UPS and FedEx surcharges, Publix openings, and the Revolve Festival
UPS and FedEx’s delivery surcharges will affect 82 zip codes.
DTC
Temu plans to change its strategy on extended delivery times
The Better Business Bureau gives Temu a C+ rating, compared to Amazon’s B.
E-Commerce
Gen Zers are more resistant to ‘doom spending’ than you’d think
80% say doom spending and soft saving don’t reflect their financial habits: survey.
Stores
BJ’s, Lids, and Walmart among recent brick and mortar openings and closures
BJ’s plans to open stores in Florida, Indiana, South Carolina, and Tennessee.
Stores
This week in retail: Zara owner reopens in Ukraine, Starbucks restructured global leadership
Plus, California’s new minimum wage law goes in effect.
E-Commerce
Resale is growing increasingly popular online: report
45% of younger shoppers would prefer to buy secondhand online.