{"id":1004803583,"date":"2026-07-02T08:41:35","date_gmt":"2026-07-02T16:41:35","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004803583"},"modified":"2026-07-02T08:58:06","modified_gmt":"2026-07-02T16:58:06","slug":"inflation-fueled-prices-hikes-dont-deter-retail-foot-traffic","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/inflation-fueled-prices-hikes-dont-deter-retail-foot-traffic\/","title":{"rendered":"Inflation-Fueled Price Hikes Don\u2019t Deter Retail Foot Traffic"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a46b4bf00bbc&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"900\" data-attachment-id=\"1004803584\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/inflation-fueled-prices-hikes-dont-deter-retail-foot-traffic\/motion-blur-of-people-with-shopping-bags-in-a-busy-shopping-mall\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/AdobeStock_972440265.jpeg\" data-orig-size=\"1200,900\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Coosh448 - stock.adobe.com&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;motion blur of people with shopping bags in a busy shopping mall. retail sale and discount&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;motion blur of people with shopping bags in a busy shopping mall&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"motion blur of people with shopping bags in a busy shopping mall\" data-image-description=\"&lt;p&gt;Image obtained from Adobe Stock with the help of Patricia. Do not reuse without permission from the art department.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;U.S. consumers continued showcasing resilience, despite persistent headwinds, according to Nicole Larson, senior manager within Colliers\u2019 national retail research division. Image by Coosh448\/Adobe Stock&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/AdobeStock_972440265.jpeg?w=1024\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/AdobeStock_972440265.jpeg\" alt=\"Motion blur of people with shopping bags in a busy shopping mall, taking advantage of retail sale and discounts.\" class=\"wp-image-1004803584\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/AdobeStock_972440265.jpeg 1200w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/AdobeStock_972440265.jpeg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/AdobeStock_972440265.jpeg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/AdobeStock_972440265.jpeg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">U.S. consumers continued showcasing resilience, despite persistent headwinds, according to Nicole Larson, senior manager with Colliers\u2019 national retail research division. <em>Image by Coosh448\/Adobe Stock<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>The pace of consumer price growth has reached a three-year high as of May, propelled by elevated inflation. This has, in turn, led to a bump for retail sales, according to Colliers&#8217; most recent update on <a href=\"https:\/\/www.colliers.com\/en\/research\/nrep-usret-us-retailer-foot-traffic-may-2026\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">foot traffic and sales analysis<\/a>. In the meantime, not only did foot traffic avoid a decline, the figure increased despite some shaky macroeconomic signals.<\/p>\n\n\n\n<p>Retail sales ticked up 5.2 percent year-over-year through May, marking the fastest pace in more than a year, while visits grew 1.9 percent. That figure was 10 basis points higher than the <a href=\"https:\/\/www.commercialsearch.com\/news\/retail-traffic-sales-rise-despite-turbulent-year\/\">foot traffic registered in 2025<\/a>.<\/p>\n\n\n\n<p>\u201cDespite historically elevated gasoline prices, persistently high inflation and subdued consumer sentiment, consumers continue to visit stores and spend,\u201d Nicole Larson, senior manager in Colliers\u2019 national retail research division, told&nbsp;<em>Commercial Property Executive<\/em>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/cre-trends-at-midyear\/\">CRE Trends at Midyear<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>\u201cConsumers are becoming increasingly intentional about where and how they spend. Shoppers have certainly become more selective and value-conscious, but they have not stopped engaging with brick-and-mortar retail,\u201d she continued.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/high-street-retail-regains-traction-in-the-new-downtown\/\">High-street retail<\/a> experiences marked a rise in visitors, with attractions (8.1 percent year-over-year increase) and theaters and music venues (12.2 percent) witnessing the largest percentage rises in foot traffic. Value-driven deals were not far off, with discount and dollar store visits going up 7.8 percent.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-capitalizing-on-increased-foot-traffic\">Capitalizing on increased foot traffic<\/h2>\n\n\n\n<p>Retail property owners and operators could capitalize on buoyant visitor spirit by curating tenant offerings that appeal to guests\u2019 priorities, such as value, convenience, wellness and experiences, Larson said.<\/p>\n\n\n\n<p>\u201cLandlords should prioritize experiential and service-oriented tenants that drive repeat visitation and longer dwell times. Owners can also capitalize on increased traffic by activating common areas through events, programming, pop-ups and partnerships that encourage cross-shopping and extend customer visits across the property,\u201d she reasoned.<\/p>\n\n\n\n<p>Commercial companies across the Northeast may be better positioned to convert visitor interest into enhanced property performance. The region led nationally with a 2.2 percent year-over-year increase in store visits, Larson told <em>CPE<\/em>. The West and Midwest followed closely, at 2.1 and 2.0 percent. Meanwhile, the South trailed, recording a significantly slower increase of just 0.9 percent.<\/p>\n\n\n\n<p>At a market level, many <a href=\"https:\/\/www.commercialsearch.com\/news\/rethinking-the-map-the-rise-of-tertiary-retail-markets\/\">emerging tertiary metros<\/a>, as well as leisure-oriented cities, reflected the same <a href=\"https:\/\/www.commercialsearch.com\/news\/retail-market-trends\/\">retail market trends<\/a> at a granular level. One of the highest rises in visits\u2014nearly one-fifth\u2014was recorded in Bishop, Calif., followed by Wildwood-The Villages, Fla. (17.2 percent) and Carson City, Nev. (14.3 percent).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-strategies-for-retail-owners-and-tenants\">Strategies for retail owners and tenants<\/h2>\n\n\n\n<p>The increase in foot traffic is a hopeful sign for any owner looking to see potential clients turn into loyal customers. This is true especially since, on its own, the inflation-driven increase in retail sales may not necessarily support stronger rent growth on the landlord side or expansion prospects for tenants.<\/p>\n\n\n\n<p>Retailers may continue approaching expansion strategies with a highly selective outlook, placing elevated importance on proven locations and trade areas with strong demographics, as well as choosing <a href=\"https:\/\/www.commercialsearch.com\/news\/cpe-asks-whats-driving-demand-for-small-format-neighborhood-stores\/\">smaller and more flexible store formats<\/a>, Larson said.<\/p>\n\n\n\n<p>\u201cFor landlords, rent growth opportunities remain strongest for highly productive, well-located centers with limited availability, particularly those anchored by grocery, value, experiential or necessity-based tenants,\u201d she concluded. &nbsp;&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What does this mean for landlords and tenants?<\/p>\n","protected":false},"author":3471,"featured_media":1004803584,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,23891,21742,21749],"tags":[35498],"class_list":["post-1004803583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-national","category-latest","category-retail","tag-colliers"],"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>Inflation-Fueled Price Hikes Don\u2019t Deter Retail Foot Traffic - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Retail foot traffic rose despite high inflation through May 2026. 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This led to the highest retail sale increase in over a year, per Colliers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/inflation-fueled-prices-hikes-dont-deter-retail-foot-traffic\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-02T16:41:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-02T16:58:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/AdobeStock_972440265.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Claudiu Tiganescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/inflation-fueled-prices-hikes-dont-deter-retail-foot-traffic\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/inflation-fueled-prices-hikes-dont-deter-retail-foot-traffic\/\",\"name\":\"Inflation-Fueled Price Hikes Don\u2019t Deter Retail Foot Traffic - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/inflation-fueled-prices-hikes-dont-deter-retail-foot-traffic\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/inflation-fueled-prices-hikes-dont-deter-retail-foot-traffic\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/AdobeStock_972440265.jpeg\",\"datePublished\":\"2026-07-02T16:41:35+00:00\",\"dateModified\":\"2026-07-02T16:58:06+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/cbed638584257d6fb5a2a9c95c982b66\"},\"description\":\"Retail foot traffic rose despite high inflation through May 2026. 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