News: Shopping Centers

U.S. chain stores up 3%

For May, U.S. chain store sales increased 3% on a year-over-year, same-store basis, according to ICSC's index. Wholesale club sales were up 4.6% for the month, excluding fuel sales. Drug stores were up 3.2% and discounters saw sales jump 3% in May. Apparel specialty stores reported an average 6.5% decline in same-store sales and department stores reporting an average 3.5% drop in sales.
MORE FROM Shopping Centers

2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.

READ ON THE GO
DIGITAL EDITIONS
Subscribe