Jones Lang LaSalle Report Finds Sustained Retail Sector Recovery Lagging Record-Breaking Consumer Spending


NEW YORK, NY – December 6, 2011 – (RealEstateRama) — The retail sector continues to edge tentatively toward recovery, buoyed by a stellar start to the holiday shopping season, as retailers, landlords, and investors capitalize on pent-up consumer demand and shopping centers remain a top investment category. However, several obstacles stand in the way of sustained progress in 2012, according to Jones Lang LaSalle’s North America Year-end Retail Outlook. The sector will most likely remain in a holding pattern for at least the next three quarters as the U.S. elections approach, the European debt crisis heightens and lackluster job growth fuels uncertainty.

Previous articleBAM Architecture Studio Designs First Hybrid Operating Room At St. Vincent’s Medical Center in Bridgeport, CT
Next articleJones Lang LaSalle Study Reveals 16 U.S. Regions Vying as Established or Emerging Markets for Life Sciences Industry