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Demand for Retail Space Hits Record High in the US

Freestanding and Local Properties Drive Gains as Underperforming Malls Lose More Ground

(Getty)
(Getty)

While rising costs and shifting consumer spending patterns have hurt the bottom lines of many U.S. retailers this year, they kept their physical expansion going into the third quarter as the amount of retail space occupied across the country climbed to a historical high.

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