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Evolving Consumer Trends in Retail
This chapter examines holiday consumer spending trends, revealing a predicted 15% increase in expenditures driven by a shift towards online-only retailers. It discusses the transformation of malls into multifaceted destinations and the success of grocery-anchored centers, highlighting the growing importance of physical retail spaces in an omni-channel environment. The chapter underscores the correlation between retail sales growth and the necessity of physical locations for effective online fulfillment strategies.