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Retail sales were flat last month after a buoyant March, the Commerce Department said on Friday, as Americans continued spending their latest round of government stimulus checks.
The pace for April was a slowdown from the prior month, when retail sales rose by 10.7 percent, as vaccinations increased and people became more comfortable outside their homes, spending more money on clothing, restaurants, bars and sporting goods. Retail sales, which experienced record drops just over a year ago at the onset of the pandemic, have been closely watched as monthly gauges of the health of the economy and the mind-set of consumers.
Retailist Magazine By: Spencer Jordan As the retail sector continues to evolve, so does the way guests experience shopping. It’s no longer about the transaction or the purchase itself. Today’s consumers, especially younger millennials and Gen Z, are more focused on how shopping makes them feel. The emotional connection and overall experience to a retail…
GlobeSt By: Natalie Dolce GlobeSt.com caught up with Spencer Jordan, Senior Vice President of Leasing at Columbus-based Steiner + Associates, who is among the industry leaders helping to shape what that future looks like, and she is not mincing words about what is working. “Experiential uses like dining, entertainment, wellness, and even social media engagement…
Heartland Real Estate Business By: Kristin Harlow On the food-and-beverage front, developer Steiner + Associates is targeting premium dining concepts, according to Spencer Jordan, senior vice president of leasing for the Columbus, Ohio-based firm. These users “can function as both a destination and an anchor for adjacent retail,” she says. Read more at Heartland Real…
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