ALBUQUERQUE, N.M. — More than eight months since the COVID-19 pandemic reached New Mexico, Albuquerque’s retail scene has fared better than many markets, but there are still plenty of lingering question marks.
Local developers and brokers agree the pandemic has accelerated existing trends among restaurants, big-box stores and other retail sectors, forcing businesses to adapt to changing conditions. And some of these changes may be here to stay even after the pandemic abates.
“You’re either going to be a part of the change, accept it, welcome it and embrace it, or you’re going to run from it, and deny it,” said Bob Feinberg, senior vice president with Colliers International in Albuquerque.
Read the full article at the Albuquerque Journal.