The Real Deal New York

Southwestern Connecticut sees new retail openings despite closings across the country

November 21, 2018 02:31PM

Even as Black Friday looms, stores across the country have been succumbing over the past year to the so-called retailpocalypse, but that hasn’t stopped some retailers from opening new outposts in affluent enclaves like Greenwich and Westport, according to The Norwalk Hour. Stores such as Fjallraven, Frame and Warby Parker set up shop in Greenwich this year, while Westport has seen the opening of a Peloton, as well as a number of stores moving into its Bedford Square retail development. Companies have been able to use consumer-centric data to determine that they will be able to draw customers to brick-and-mortar stores in those locations, Jessica Curtis, a retail brokerage expert in CBRE’s Stamford office, told the outlet. “Many of these retailers have had an online presence for a while… and they know their customer is here because they are shipping products here,” she said. [The Hour]