Author Archives: marcusmillichap

Hessam Nadji is…

More Jobs Power Increased Spending; Off-Price Retailers Continue Aggressive Expansion

    Follow us: |  |  Research Brief October 2018 RETAIL Developing Trends ■ Unemployment drops to historical low as job creation persists. Last month, the national unemployment rate fell to 3.7 percent, its lowest mark since 1969; the creation of 134,000 jobs in September helped drive this measure down. With the holiday season approaching, retailers are […]

Consumer Confidence Notches Post-Recession High; Another Strong Holiday Season in Reach for Retailers

  Follow us: |  |  Research Brief September 2018 RETAIL Developing Trends ■ Robust economy powered by strong labor market. The nation’s job creation streak was extended to 95 months in August as employers added 201,000 workers to payrolls. This continuation of job growth has pushed the national unemployment rate down to 3.9 percent, which in turn […]

Affordability Concerns Rise as Demand Exceeds Housing Construction

  Follow us: |  |  Research Brief September 2018 HOUSING Developing Trends ■ The rising cost of homeownership has decelerated existing home sales activity to the slowest pace in more than two years. Sales declined for a fourth straight month in July and were down 1.4 percent from one year ago. ■ New home sales continue to […]

Rising Consumption Boosts Grocery Sector; Segment in Transformation to Emerging Models

  Follow us: |  |  Research Brief August 2018 RETAIL Developing Trends ■ Aldi to drop dollar-store look while keeping discounted prices. Over the next several years, Aldi will spend more than $3 billion remodeling 1,300 stores as it seeks to compete with more upscale brands like Safeway and Whole Foods. The expanded and redesigned stores will […]