This past week was a busy with updates from across the retail industry. Below, we've highlighted some of the key themes that became apparent, followed by additional analysis.
While c-store and gas station visits were able to initially shake off the shock of gas price inflation in the first half of 2022, visitation so far in 2023 stagnated compared to other staple retail categories.
March Retail Sales from the Census Bureau will be reported next week, and we expect another slower month due in part to large pull-forward into January and high inflation in grocery.
We summarize the key themes that retailers, restaurants, commercial real estate executives, and investors should be aware of as we continue to look to the rest of 2023.
%20(2).svg)
.jpg)
