A 34% quarterly net absorption increase to 10 million sq. ft. reveals just how hard space is to come by. The average quarterly increase has been 19 million sq. ft. over 10 years.
The vast majority of holiday shoppers plan to shop in-store and online this holiday season, with expected spending projected to be split between the two segments.
Happy Returns’ third annual “Returns Happen” study found that a large majority of consumers rank in-person returns as their No. 1 preferred return option.