Retail property market: Consumption paradigm shift and new formats
Retail property market: Consumption paradigm shift and new formats
The decline in popularity of hypermarkets comes alongside the dynamic growth of supermarkets, convenience stores, and discounters. Consumers today are less inclined to do large-volume shopping and prefer shops located near their homes or work. Retailers’ response to the shift in the consumption paradigm, and the formats that retail must have a closer look at are among key topics of the latest CBRE research.
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