Reno/Sparks Retail Market Experiences Accelerating Growth as Population Expansion Continues
After a challenging 2020, Reno's retail market is on an encouraging trajectory as we near the end of 2021. This interactive report will provide a comprehensive overview of Reno's retail market statistics, market trends, recent transactions, notable developments, local demographics, national retail trends, and relevant news across Northern Nevada from recent months.
The storylines of retail's death have been enormously overblown. While e-commerce continues to disrupt brick-and-mortar retail, consumers still want to shop in store and retailers have been quick to adapt to shifting consumer preferences. Reno's rapidly rising population in recent years continues to provide additional demand from retailers and restaurants across the region. Landlords and developers are embracing the thriving arts and food culture into new developments and renovation projects, bringing to the market reimagined and refreshed retail and restaurant space for today's consumer.
View Full Market update