2021
INSIGHTS ----\ ·········- •• ··../
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ARCHITECTURE+ INTERIOR DESIGN
BRANDING
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streetsense.
o-- PLANNING
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MARKETING +
ENGAGEMENT
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.../ PLACEMAKING +
.......•··· R ETA I L STR AT EGY
F+BCONSULTING
United States | 24 |
Canada | 15 |
Australia | 7 |
United Kingdom | 4 |
France | 4 |
Sweden | 4 |
Japan | 3 |
United States | 24 |
Canada | 15 |
Australia | 7 |
United Kingdom | 4 |
France | 4 |
Sweden | 4 |
Japan | 3 |
AVERAGE ANNUAL GROWTH IN RETAIL SALES
Bricks and Mortar: 4%
E-commerce: 15%
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | ||
% of Retail Sales | 6.4% | 7.2% | 8.0% | 8.9% | 10.0% | 12.0% | 15.5 | ??? |
12%
E-COMMERCE
88%
IN-STORE
12% of retail sales happen online
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | ||
% of Retail Sales | 6.4% | 7.2% | 8.0% | 8.9% | 10.0% | 12.0% | COVID | ??? |
Two thirds of e-commerce sales are transacted by an omni-channel retailer
Omni-Channel Retail
Personal Computer
Handheld Device
Physical Store
88%
IN-STORE
WEB E-TAILER
OMNI-CHANNEL
“We’re not overbuilt; we’re under-demolished.”
President/CEO of DDR Corp.
Total amount of retail space in the US
would need to be repurposed or demolished to reach equilibrium
Acceleration of Pre-COVID trends
Exponential growth in supply
Mass retailer extinction
Main street peril
Surge in permanently obsolete real estate Toxic F&B and entertainment
Struggling travel & leisure Suffocating public sector services
Healthy capital markets Low interest rates
Strong long-term development forecast Healthy housing market
Record personal savings
Robust consumer spending
Home
Work-from-home (WFH)
Tech
Cooking
Recreation
Wellness
WFH impact on office sector Impact on business travel Consumer behavior disruptions Public sector health
Return to normalcy and social interaction
Thank You
