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For first time since pandemic, near-term outlook for retail demand turns negative

Despite sector reacting to recent bankruptcies, retail execs remain optimistic
The bankruptcies and store closings of several retailers, including Party City, drag down demand for retail space, though given supply-constrained conditions, other retailers are expected to backfill the space that becomes available. (Getty Images)
The bankruptcies and store closings of several retailers, including Party City, drag down demand for retail space, though given supply-constrained conditions, other retailers are expected to backfill the space that becomes available. (Getty Images)
CoStar Analytics
March 28, 2025 | 6:27 P.M.

For the first time since the depths of the pandemic, retailers across the country are vacating more store space than they are filling as the effects of rising retailer bankruptcies and store closings set in.

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