One of the Most Rapidly Expanding Grocery Sectors A Community Pillar Asian supermarkets provide their community with a place to shop and find products of their homeland. Their specialty ingredients, fresh produce, fish, meats, and prepared foods can conjure vivid memories of beloved traditions and cuisine for customers. These markets have deep cultural roots, started by Asian Americans who saw …
Boutique Fitness Vaults Ahead The boutique fitness boom has continued to expand and proven its resilience by meeting consumers’ changing tastes and the at-home workout lifestyle. Virtual work has elevated the need for creating and finding a sense of community outside the seclusion of home. The enhanced wellness services these types of fitness centers provide, nourish the body and psyche …
For seven decades, the Motor City delivered a reciprocating engine that hummed and drove this nation’s economy from its heartland of innovators and can-doers. Then came a steep deceleration of the auto industry that began in the second half of the 20th century, which blanched the energy from this vibrant city that seemed unstoppable. Triggered by mismanagement and flawed government …
Although Santa is expected to hitch up the sleigh to deliver much of the merchandise Americans may desire for Christmas, this is not going to be a typical holiday season, according to several X Team Retail Advisors industry veterans, located in major markets across the U.S. Despite shoppers flowing back to stores, soaring inflation, and economic turmoil, indicate that consumers …
The Great Reset has finally begun in earnest, with Federal Reserve Chairman Jerome Powell instituting a series of rapidly rising interest rates since March 2022, leaving many wondering if we are in for a Cat 5 storm, or more gentle trade winds sailing us toward a soft landing. The whisper of recession became louder in June, as the markets fell …
An Epoch of Incredulity The U.S. markets are a tale of two economies. May’s recent jobs report was glowing, adding 390,000 jobs almost universally across the board, in many sectors of the economy. In this season of light, spring delivered hope with continued historic low unemployment at 3.6% for the third month running, and increasing job participation—notably among women—as a …
Shopping Malls proliferated out of the suburban expansion during the mid-1950s, which brought efficient transit to prosperous neighborhoods spread across postwar America. Rising automobile ownership made these retail centers accessible and convenient, offering a bounty of merchandise and services. Today, those same centers that lifted up suburbia and opened up the world through mercantilism are facing a host of challenges …
Covid Impacted Restaurant Industry Forever; Innovation Bridges to a “Great Reset” The “Great Reset” is underway now that the U.S. is shifting away from a period of economic uncertainty that was caused by the health pandemic in 2020. The restaurant industry was as hard hit as any over the past year, yet those who survived have found ways to thrive …
Addition of Affiliates ADMI and Hoffman Boost X Team Platform “X Team Retail Advisors recently added two new affiliates including ADMI Inc. and Hoffman Strategy Group which bring retail brand, hospitality, mixed-use and themed entertainment expertise. The additions boost the number of companies now part of X Team’s platform to 37.” Read More at ConnectCRE… X Team adds two new …
X Team’s Evan Albert is featured in the University of Maryland’s 30 under thirty! “Evan Albert started working in retail leasing immediately after graduating from the University of Maryland in 2015. Evan has grown tremendously in the commercial real estate industry since he began including opening his company’s Washington DC office in 2019 and leading the young broker’s division, X …