Once, High Street Retail Was a Safe Bet for Investors. Is That Still True Today?
January 2, 2019 | Liz Wolf National Real Estate Investor
In a U.S. retail market that’s largely struggling with big changes in how consumers shop, retail experts says high street retail, in general, hasn’t been as negatively impacted as some headlines might indicate.
Despite some challenges, much of high street remains a destination for both retailers and shoppers—thanks to luxury brands, and in many cases, high volumes of tourists.
Luxury brands that have responded to consumers’ evolving tastes are performing well. Many U.S. bankruptcies and store closures have been in the mid-price apparel sector. (Of course, there are exceptions, including luxury retail chain Barneys New York’s bankruptcy).
