01/06/2025
After noticing retail chains, both large and small, increasingly shutting down locations nationwide, we decided to look into what’s really happening. Stores like Macy’s, 7-Eleven, CVS, and Big Lots are vanishing from South Florida.
To uncover the full story, I tracked hard-to-find store closure data and spoke to retail analysts, commercial real estate brokers, economic experts, and local marketing specialists who know the region best. What I found ties today’s closures to the retail apocalypse of the 2010s, the disruptions of the COVID-19 pandemic, and continual consumer trend shifts toward online shopping and luxury goods.
But here’s the interesting part—South Florida landlords aren't panicking. They see these challenges as opportunities. From new fitness concepts to boutique medical offices and specialty shops, they’re transforming these vacant locations into creative and profitable spaces that cater to the demands of today’s shoppers.
Check out my video for highlights, and read the full story in the South Florida Business Journal.
What trends are you noticing in your local retail scene? Let me know in the comments!