As Others Retrench, Discount Chains Grow

      Ross Dress For Less discount store

This article offers a handful of nuggets that break down why discounters are finding success against online shopping.  

• Ross's average item price is only $10
• 98% of Ross's goods are under $30
• Online retail has trouble offering these prices for top brands and still making money
• Ross and others buy excess inventory from top brands
• Ross ships the inventory to stores or keeps it in warehouses to rotate through stores
• Discounters appeal both to people who "need a bargain" & those who "want a bargain"
• Both types of discount shoppers enjoy the "treasure-hunt" experience
• Online retail has had a rough time replicating that experience

Discounters, also known as off-price sellers, keep expanding their physical footprints, even as Americans shop more online and most brick-and-mortar retailers pour cash into their digital operations. During an era of disruption, these companies have proved resilient and durable against competition from Amazon. For more on this trend, please see the CNN article.

CNN.com Article

Healthcare Real Estate Is Being Pulled In Multiple Directions

Matthew Rothstein’s article in Bisnow East Coast, on how healthcare is changing rapidly as an industry, brings up some interesting points on how the traditional model of decentralized primary care providers, specialist networks and inpatient hospitals has become obsolete. He points out that the current drive to make access to healthcare a simple, short trip for patients who may not have the time or ability to drive long distances is prompting healthcare providers to expand real estate footprints in an effort to keep up with the changing needs of America’s population.

To read more about the changes in healthcare real estate, click here: https://www.bisnow.com/

What’s in YOUR State? (The 50 states of retail development)

ICSC’s recent article on retail developments in each state details how developers are moving dirt across the country: building new retail and mixed-use centers and renovating and rehabbing existing properties. Here’s the view from 30,000 feet….

Philadelphia Region Overview