A focus on smaller local stores, more acquisitions of retail companies by non-traditional buyers and an increased focus on wellness are among the top industry predictions for the coming year.
Will online sales of consumer products will stay around 40% after the pandemic’s over? Not likely, according to Katie Thomas, leader of the Kearney Consumer Institute.
Consumers held back on spending in November as virus rates spiked, states imposed retail restrictions and congressional stimulus discussions were gridlocked.
The Plano Market Square Mall in the expanding suburb north of Dallas has been closed for a few years, and the Plano City Council this week okayed a plan to remove it and replace it with a mixed-use project.