America’s unequal retail recovery

Winners and losers can be found all over the map in 2016

May.May 24, 2016 10:30 AM

From the special retail issue: The retail industry continues to mend the wounds incurred during the Great Recession, but the recovery has been anything but evenly distributed across a diverse range of properties in disparate locations.

Not only has the rebound remained uneven; it’s been complicated by a wave of closures of big-box stores that are forcing out once-reliable anchor tenants in struggling malls. That’s been especially painful in more suburban markets grappling with anemic population growth and fierce online competition.

The end result is a market that looks healthy on the upper end but upon closer inspection reveals real challenges and a widening gap between the industry’s trophy assets and those further down the Totem pole. [More]

Related Articles

Rick Caruso (Credit: Tiffany Rose/Getty Images for Caruso Affiliated)

Some retailers and malls won’t survive the coronavirus shutdown

CA warehouse rentals for e-commerce is booming, according to survey

SoCal developers see boom & bust in different markets in 2022

From left: Michael Shabani, James Randall, and 8840 Beverly Boulevard (Credit: Getty Images)

Investor James Randall pays $36M for WeHo furniture showroom

Hudson Pacific Properties CEO Victor Coleman and the Westside Pavilion (Credit: Google Maps)

Hudson Pacific wants full control of Google-leased One Westside; not sweating WeWork

From left: A San Fernando Valley retail center and a Forever 21 near downtown LA (Credit: iStock)

Greater LA retail market struggles to recover from big box closures, bankruptcies

The North Hollywood and Topanga stores (Credit: Vallarta Supermarkets)

Vallarta Supermarkets plans huge grocery store in Van Nuys

Space Investment Partners co-founders Mark Moshayedi and Ryan Gallagher with Westport Plaza (Credit: Connect California)

Playing small mall: New firm picks up shopping center in Costa Mesa

DH Holdings founder David Horenstein and Conejo Gateway

Local firm plans to expand Thousand Oaks retail plaza after $18M purchase