Charleston retailers finding their niche
- New suburban retail construction is expected to deliver before the end of this year.
- A variety of retail trends are transpiring within the Charleston market as retailers attempt to find the right location to better reach and serve their target clients.
A variety of retail trends engulf the Charleston market
Several retail trends are occurring within the Charleston market as retailers attempt to find the proper area to operate to better serve and reach their target clients. Locally-owned restaurants are thriving on the peninsula because of the unique atmosphere they create for the customer experience; as well as the draw created based on their specific cuisines. In addition, most of the new peninsula developments are focused on mixed-use retail.
Meanwhile, chain restaurants are successfully operating within the suburban Charleston submarkets. Trendy bars and craft breweries find success and lower rental rates by locating within northern King Street locations. Big box retail, grocery stores and vacant mall spaces are being absorbed by gyms and furniture stores that can use the large spaces for equipment and showroom space. The tapestry of the Charleston retail market will continue to change as retailers discover their specific niche locations.
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