Every month, JLL’s regional team curates the top commercial real estate industry news to keep you in-the-know. In this month’s edition, JLL spotlights back-to-school shopping trends, how foreign investors view U.S. CRE and the record-high funding for construction technology startups.
What Back-to-School Shopping Means for Big Retailers
RE Journals recently reported on how lucrative back-to-school shopping can be for big-name retailers, specifically Walmart and Target.
According to JLL data, most parents plan to spend less than $250 on back-to-school supplies this season. However, about 16% of parents plan to spend more than $500 on their children’s supplies, and these high-spenders provide a nice bottom-line boost.
Where are parents planning to spend?