Consumer spending showed renewed strength in August, easing concerns around household resiliency. Core retail sales rose 1.2% month over month and 5.6% year over year, with gains across nine of 10 major retail categories. At the same time, store-based sales reached a new record, highlighting the continued importance of brick-and-mortar retail as consumers balance essential purchases with dining, entertainment, and other discretionary spending. Read our latest analysis for key insights shaping retail demand and property fundamentals: https://lnkd.in/evbGq66k #cre #commercialrealestate #retailsales

Really encouraging to see store-based sales reach another record. Continued demand for physical retail creates opportunities not only for retailers looking to grow, but for owners thinking strategically about tenant mix and leasing decisions.

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