Demand for Retail Space Predicted to Fall
Traditional retailers have plenty of reason to be nervous about renewing leases. There’s the slow but steady climb of e-commerce which continues to increase market share and is predicted to account for 8% of all retail sales by 2013. And then there’s the projected long-term leveling off U.S. consumer spending. All of these changes have experts looking for continued store closings through at least the first half of 2010.


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