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Frictionless living and proximity to retail spur development of neighborhood shopping streets

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Frictionless living and proximity to retail spur development of neighborhood shopping streets
Source: Colliers

For the past two years, there has been a clear shift in customer behavior in terms of shopping preferences. The outbreak of the COVID-19 pandemic, the resulting closure of shopping malls, and the introduction of the remote working model, have oriented our lives towards locality.

"This is how the proximity retail model developed, in which residents fulfill their needs close to where they live – here they shop, use service points, as well as eat and relax.

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