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Sales per Square Foot for Most Retail Categories Surpass Pre-Pandemic Levels

Better In-Store Sales, Found As ICSC Starts Las Vegas Show, Gives Retail Center Owners Pricing Power on Rents

ISCS conference in Las Vegas, Nevada, May 22-24, 2022--gathering of dealmakers and industry experts, who are driving innovation and evolution in the Marketplaces Industry. (Michael Hirsch/CoStar)
ISCS conference in Las Vegas, Nevada, May 22-24, 2022--gathering of dealmakers and industry experts, who are driving innovation and evolution in the Marketplaces Industry. (Michael Hirsch/CoStar)

In another sign of the strength of the U.S. consumer and the resiliency of brick-and-mortar retail, in-store retail sales per square foot rose to records across most major categories in the first quarter, according to data compiled by Datex Property Solutions and reported by the International Council of Shopping Centers, or ICSC.

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