The New Normal For Our Downtowns Cheat Sheet

By N. David Milder

Since 2008, I have been writing about the New Normal for our downtowns. Recently, I have been asked on several occasions if I had a relatively brief summary article. I didn’t, so it seemed the time to write this one.

Downtowns Are Now Expected To Succeed

Success stories abound everywhere you look. Not every downtown has made it, but many have, and many more are well on their way. Today, laggard downtowns really stand out.

Downtowns Are The Place To …

Read More...

A Large Luxury Urban Retail District Under the New Normal

According to my analysis, Deliberate Consumers are a powerful force under the New Normal for our downtowns (1). They, and the growing influence of e-commerce, have drastically changed our retail industry and the whole environment in which downtown merchants must operate. One of the hypotheses I derived from that analysis was that our very wealthiest consumers were the least likely to engage in more cautious and reduced retail spending both during and after the Great Recession. In turn, that should …

Read More...

Nationally, How Small Retailers Were Impacted by the Great Recession

By

N. David Milder

Introduction

In several of my recent articles I have noted, with frank surprise and delight, that small retailers in the small and medium-sized downtowns I have visited appeared to be doing relatively well. Their numbers also seemed to have rebounded, though to a degree that I could not determine. Given that my field visits could not cover a representative sample of small retailers, in this article I will look at data gathered in …

Read More...