November 22, 2024 12:05 am
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Why big box isn’t dead in Phoenix (or anywhere else)

By Steven Totten | Phoenix Business Journal

Big box stores and the retailers that inhabited them aren’t like they used to be.

Related: See who is taking over an empty Phoenix big box store

There haven’t been this many apparel retail bankruptcies since the Great Recession, and with all these retailers either facing bankruptcy or downsizing, there is more than 9.3 million square feet of anchor space facing potential bankruptcy, according to a CBRE (NYSE: CBG) report.

But that doesn’t mean the big box is completely dead.

Continued:

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