{"id":1004144913,"date":"2016-05-26T04:53:59","date_gmt":"2016-05-26T12:53:59","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004144913"},"modified":"2020-05-11T23:29:07","modified_gmt":"2020-05-12T07:29:07","slug":"economy-watch-fast-casual-restaurants-to-lead-retail-growth","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/economy-watch-fast-casual-restaurants-to-lead-retail-growth\/","title":{"rendered":"Economy Watch: Fast-Casual Restaurants to Lead Retail Growth"},"content":{"rendered":"<p>By Dees Stribling, Contributing Editor<\/p>\n<div id=\"attachment_1004112035\" style=\"width: 210px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/01\/Garrick-Brown.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004112035\" data-attachment-id=\"1004112035\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/macys-relocation-to-larger-facility-in-sacramento-a-good-move\/garrick-brown\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/01\/Garrick-Brown.jpg\" data-orig-size=\"200,185\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Garrick Brown\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Garrick Brown, Cushman &#038; Wakefield&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/01\/Garrick-Brown.jpg?w=200\" class=\"size-full wp-image-1004112035\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/01\/Garrick-Brown.jpg\" alt=\"Garrick Brown, Cushman &amp; Wakefield\" width=\"200\" height=\"185\" \/><\/a><p id=\"caption-attachment-1004112035\" class=\"wp-caption-text\">Garrick Brown, Vice President of Retail Research, Cushman &amp; Wakefield<\/p><\/div>\n<p>Led by franchise and fast-casual restaurant chains, North American retail growth into 2017 will be overwhelmingly driven by discount and off-price apparel, food, and service concepts, according to a report by Cushman &amp; Wakefield published in conjunction with the International Council of Shopping Centers. It was released this week at RECon.<\/p>\n<p>The firm&#8217;s first-ever <a href=\"https:\/\/www.cushmanwakefield.com\/en\/research-and-insight\/2016\/retail-and-restaurant-expansion-guide\/\" rel=\"nofollow\" target=\"_blank\">North American Retail and Restaurant Expansion Guide<\/a> tracks the growth plans of about 2,000 national retail and restaurant chains across 22 categories in the U.S. and Canada. The report also provides a glimpse into those chains&#8217; projected growth over the next year and into 2017, and also includes projections for concepts experiencing negative growth that may be closing existing stores or adjusting brick-and-mortar footprints.<\/p>\n<p>Restaurants will remain the strongest single category in terms of overall unit growth across all sectors, with franchise-driven and fast-casual chains like fast-fire pizza and sandwich shops leading the way. Rapid growth in e-commerce will continue to impact the apparel, books\/media\/toys, consumer electronics, department store and financial services sectors, and generally not for the better.<\/p>\n<p>According to Garrick Brown, vice president of retail research for Cushman &amp; Wakefield and the report&#8217;s author, the data in this report was gathered from a mix of sources, including the retail and restaurant chains themselves, the brokers and site selection specialists that represent them, and third-party data sources. The report also consulted published media reports, quarterly reports and public statements made by company executives.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cushman &#038; Wakefield&#8217;s first-ever retail and restaurant expansion guide reveals which concepts should thrive and which could struggle going into 2017. <\/p>\n","protected":false},"author":1269,"featured_media":1004112035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742,21749],"tags":[],"class_list":["post-1004144913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest","category-retail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Economy Watch: Fast-Casual Restaurants to Lead Retail Growth - 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