Retail Focus 5/9/20 – Frozen Foods Star in Grocery Retail; Retail Rents Data from CBRE
We begin with a deep dive into an area of grocery that is oft ignored by media in frozen food—data from AFFI suggest that it might be a future area of opportunity for many retailers coming out of panic buying patterns. We also discuss Office Depot’s pleasantly surprising first quarter numbers, a snapshot from Connex regarding retail facilities maintenance, and a few updates from Kimco. Our interview guest is Meghann Martindale, the global head of retail research at CBRE, who talks about some of their most recent data regarding retail rents and traffic surrounding various types of retail centers.
