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chi-ToysRUsOntario4 (3) Toys R Us is one of the many retailers to announce a complete closure this year, although in this case it was the aftereffects of a leveraged buyout, rather than e-commerce, which brought down the iconic brand.

CHICAGO—The overall economy seems in good shape, but that won’t stop significant portions of the retail industry from struggling in 2018. That’s the big takeaway from Cushman & Wakefield’s first quarter report on US shopping centers. Consumer confidence remains at a historically high level, for example, indicating future growth in retail. But bankruptcy and store closure announcements have kept coming, and the next year will see more of the same, most likely in consumer electronics, apparel, department stores, media and sporting goods, typically found in power or mall centers. But not all of the retail news is bad.

“There are certainly sectors of retail that are growing,” C&W notes. “Expansion announcements are happening at the same time that closure news is breaking, they just don’t garner as much attention.”

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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