Retail Brick-and-Mortar Growth Pace Picks Up Gently
Reflecting continued caution on the real estate front as well as perhaps ongoing growth in e-commerce, major sporting goods retailers will expand floor space by 3.8% in 2011, up from a 2.2% growth rate in 2010, according to our annual survey of 40 leading sporting goods chains. The data is based on the statements of public companies and input from management and other sources from private companies. We note, of course, that many of these plans are fluid in the sense that lease concessions often change store closings; however, we believe this table represents a good barometer of the retail ... Log in to view full article.