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Levin: Retail leasing remains strong through summer
North Plainfield, N.J. — Retail leasing activity remained strong through the spring and summer months of 2013, according to Levin Management, which reports more than 295,000 sq. ft. of renewals and transactions from Easter through Labor Day. The company’s portfolio includes 90 properties totaling 12.5 million sq. ft. of space in New Jersey, New York, Pennsylvania, Virginia and North Carolina.
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Study: Physical stores still key to consumers in omnichannel world
Chicago -- Consumers value the retail store experience on multiple levels and continue to make the vast majority of their purchases in stores, according to a new study from global management consulting firm A.T. Kearney. The report found that the physical store is the channel of choice across all ages (from Millennial to senior citizens) and household income levels (from less than $25,000 per year to more than $100,000 per year).