Wednesday, March 30, 2016

Spring / Summer Shopping at Physical Retail Stores

One of the great listings that Fafard Commercial has is at 164 Milk Street in Westborough, MA. This great location off of RT 9 in Westborough is the perfect retail location. Strip shopping centers such as Westmeadow Plaza are really re-gaining attention in the commercial real estate industry. According to the ICSC (International Council of Shopping Centers) 90 percent of Americans shopping will visit physical retail stores while shopping for Spring/Summer Apparel.
  • Overall, American adults shopping for spring/summer apparel have spent or will spend an average of $193.70, with only $26.90 of this to be spent online from pure-online retailers. 
  • Those with the highest household income will spend the most, while the group with the lowest household income will spend the least. 
  • Generation Xers will lead spending among the age groups.
With nearly half of respondents have spent or will spend the same amount as last year. Westmeadow Plaza is a great place to open up that retail store that you have always been dreaming of.




Another great shopping center location that Fafard Commercial has to offer is in Milford MA. Quarry Square Shopping Center is located at 196 E Main Street in Milford MA. 



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