Close
Login to Your Account
No Account?
+ Reply To This
Page 1 of 2 12 LastLast
Results 1 to 10 of 14
  1. #1
    Registered User Senior Member
    Posts
    170

    Are we over retailed?

    Howard Shcultz stepped down as CEO of Starbucks to lead their initiative for more exclusive (read: expensive) boutique coffee shops.



    In stepping down, he said that he believe America is over-retailed - meaning there are too many shops and brands for too few people and how much they are spending.

    Is this the case? What will the impact be on commercial real estate? Should I postpone my dream of buying a strip center?

  2. Are we over retailed?
  3. #2
    Registered User Junior Member
    Posts
    46
    There are definitely too many Starbucks locations. That's for sure.

  4. #3
    Registered User Junior Member
    Posts
    34
    Yes - we are over-retailed. We build new malls and shopping centers right on top of existing ones. And we wonder why so many vacancies.

  5. #4
    Registered User Enthusiast
    Posts
    68
    Schultz is right - we are over-retailed.

  6. #5
    Registered User Senior Member
    Posts
    101
    Well, here we are stacked up to the rest of the world:



    So it is no wonder we have so many empty malls. And really how many frozen yogurt places and nail salons does any one town need?

  7. #6
    Registered User Senior Member
    Posts
    189
    That graph is a stunning indictment of American consumer culture.

    Maybe we need to reform that culture is we want to see real productive growth restart.

  8. #7
    Registered User Enthusiast
    Posts
    59
    Yet everyone thinks real estate, esp commercial real estate, is a safe haven asset.

  9. #8
    Registered User Junior Member
    Posts
    35
    What about office space? Is that overbuilt / overpriced as well?

  10. #9
    Registered User Enthusiast
    Posts
    68
    Unless we get some real growth going, then we are overbuilt on retail and office space.

  11. #10
    Registered User Junior Member
    Posts
    28
    Every place I went to this weekend was pretty busy. So maybe we are over-retailed only 48 weeks per year.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •