NEW YORK CITY—While core markets still top the list for luxury retailers, “many of these metros are saturated and that's pushing expansion in secondary cities,” says Michael Hirschfeld, SVP of JLL Retail.
By Geoffery Metz|December 08, 2014 at 12:47 PM
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NEW YORK CITY—While core markets still top the list for luxury retailers, “many of these metros are saturated and that’s pushing expansion in secondary cities,” says Michael Hirschfeld, SVP of JLL Retail. He was referring to the findings of JLL’s The New World of Retail report, debuting today at the ICSC New York National Deal Making Conference. The report tracked the expansion of 350 retailers across the United States, assessing the vitality and attractiveness of retail markets.
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