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Author: Angela VanArsdale

Shopping for the Suburban Migration

I think it’s safe to assume the residential real estate market will continue to build the pent-up demand of buyers looking to relocate and invest in their homes for the remainder of 2020, and into 2021.  With this reshuffling, the millennial migration to the suburbs to have more space as their families expand will drive retailers to follow, especially with more and more people working from home at least a couple days during the week.

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The Future of Luxury Retail

Retailers along the first blocks of Newbury and in Copley Place Mall rely heavily on Boston tourism and students to generate sales. Unfortunately, both tourism and the student population will be minimal for the duration of the short term. When it does return, it is still uncertain that consumers will be in a monetary and emotional position to make large purchases from these retailers.

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