Anthony LoPinto

Last week my family took a pass on the traditional Thanksgiving meal for the opportunity to spend a week in Rome. The City is always glorious with some of the most amazing historical sights and a people who are so welcoming and fun to be around. Of course the food is also off the charts. You really can’t go wrong no matter where you break bread and uncork a bottle of chianti. But for me the most extraordinary experience was to focus on the health of the retail scene in Rome. All of the major (and minor) shopping districts and streets were bustling from 10am until late into the evening. Granted, Italy now celebrates Black Friday with great discounts so that surely increased the crowds, but I was focused on the store fronts. I found a couple of pop-ups, but for the most part, there were no “da affittare” (for rent) signs in Italian. This was in stark contrast to the carnage on the street retail centers on New York’s Madison Avenue and other high end, and lower end locations. I’m afraid I cannot reconcile what I found in Rome with the NY scene, but it sure was troubling.

 

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.