Shifts in the size, number, and type of retail stores are among the trends to watch for in 2023, according to Placer.ai.

Smaller stores. A smaller store can offer a more curated selection of items and not be as overwhelming to its shoppers – not to mention a cost-saver for the merchant when it comes to overhead.

Target has made this work with its smaller locations in college towns that stock campus and dorm essentials.

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