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In 2016, Phillips Edison & Company was ranked in Inc. (magazine) as one of the 5,000 fastest-growing private firms in the nation [6] and the 14th largest retail owner by square footage by National Real Estate Investor. [7] In July 2021, the company went public on the Nasdaq, under symbol PECO. [8]
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
Retail workers are people who are employed by any form of retail store. Typically one of the first jobs people work in, many retail workers are as young as 14. [ 1 ] The jobs of a typical retail worker include processing customers payments, and helping customers around the store, and little training is required.
Get to know Stark County, Ohio's 2024 Twenty under 40! honorees Dr. Laura Albrecht, dentist at Albrecht Dental, 39 Garrett J. Brown, general counsel at Employers Health, 36
Those shifts changed the buying and eating landscape in 2024. As of Dec. 20, Coresight Research tracked 48 retail bankruptcies in the U.S., compared with 25 during the same period a year ago.