Retailers maintain growth goals

07/21/2010 |

Retailers are generally sticking with their expansion plans, according to a report from RBC Capital Markets. The report showed that retailers in RBC's database, which includes national and regional chains, are planning to open more than 65,000 new stores over the next two years. "[I]t is clear to us that a cautious optimism has emerged among both retailers and retail landlords. That optimism has translated into steady store openings, increasing occupancy, and gradually increasing rent levels," wrote Rich Moore, an analyst at RBC.

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