Retailers are generally optimistic about 2016, with such factors as low gas pricing and the housing market uptick working in the industry’s favor.
That’s according to a survey of store managers by real estate
services firm Levin Management, which has 95 properties in New Jersey,
New York, Pennsylvania, Massachusetts, Virginia and North Carolina.
Several industry sources have also expressed a positive outlook,
including Kiplinger, which anticipates retail will grow approximately 4%
this year, and Trading Economics which expects 3.6% growth.. . . more