Service-Based Retailers Surpass Product-Focused Merchants
PYMNTS
MARCH 11, 2020
Per a JLL report, the number of service-based retailers rose 20.5 percent between 2002 and 2017, coming in at 1.2 million spaces, while retailers offering goods declined 4.5 JLL Director of Retail Research James Cook said that the growth in service-based companies “will plateau at some new percentage.” percent to 1.1
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