For the second year in a row, retailers’ expansion plans are on an upward trajectory, according to Chain Store Age’s 2011 Store Construction & Outfitting Survey, an annual survey of retail building activity and development costs. In other findings, the cost of lighting, signage, roofing and other store-outfitting systems decreased compared with last year.
Retail expansion is edging up, and so is the cost of construction materials and labor, according to Chain Store Age’s 2012 Store Construction & Store Outfitting survey, which tracks retail building activity and construction costs.