Articles

Luxury apparel defies broader retail slowdowns. Visits were down only one month in 2025, with recent growth likely linked to tariff concerns driving early purchases. The segment's resilience is fueled by an increasingly affluent and suburban clientele, better insulated from economic pressures.

Retail traffic is up slightly in 2025 (January-May). Western states show strong growth, while Eastern states see declines. Last year's top back-to-school categories will likely perform well again. This year, secondary categories like home furnishings, off-price, and thrift stores may see stronger growth, driven by early buying and value orientation.

Local favorites Pura Vida, Mendocino Farms, and P. Terry’s thrive. Pura Vida grew and shifted to earlier peaks. Mendocino benefits from affluent customers. P. Terry’s became a weekend destination. Their diverse strategies drive growth amidst market challenges.

Providence's historic Arcade, built in 1828, transformed into a mixed-use micro-loft and retail space. This led to a dramatic shift in its audience. Visitor demographics moved from young urbanites to more affluent, suburban families. The Arcade's trade area significantly expanded, drawing customers from farther away, proving adaptive strategies can revitalize historic retail.