Gary Broidis Explains The Retail Bus Tour.

Distress and the Retail Sector

According to Real Capital Analytics (RCA), a New York City-based research firm, the retail sector’s rates of distress resolution is slowly on the mend.  While the economy hasn’t experienced the upswing we were all hoping for, it has stabilized, and distressed retailers are doing the same.  With the number of retail stores’ distress figures falling lower than they have been since 2008, research think-tanks like RCA are giving retailers a positive note on which to begin the new year. 

While the number of retail properties entering distress has begun to show signs of slowing down, retailers have been able to focus their efforts on improving sales, streamlining their business, and resolving their financial distress.  This has meant downsizing and selling off retail space in certain sectors where business slowed, as well as slowing expansion into some markets. 

This is good news for anyone looking to buy a commercial retail property space.  As businesses work through their financial distress, downsizing and selling properties are a crucial step in that process.  This leaves the field wide open for new players in the retail industry looking to expand their presence in key areas of commerce. 

The economy certainly isn’t back where we’d all like it to be, but signs are pointing to a real estate market that has seen the worst of the downturn.  This is a great spot to build upon, to learn from the mistakes of the past, and to prepare more adequately for the future.

Visit http://www.retailbustour.com/ for more details.