CoStar Group Inc is a leading provider of commercial real estate information, analytics, and online marketplaces. The company's mission is to empower clients with comprehensive data and insights to make informed real estate decisions. CoStar Group employs a strategy focused on innovation and technology, continuously enhancing its platforms to deliver accurate and timely information. Its operations encompass a vast array of services, including property research, market analysis, and digital marketing solutions, catering to a diverse clientele ranging from real estate professionals to investors and developers.

COSTAR GROUP INC

CoStar Group's insights into the retail sector have become increasingly relevant as a new report by Coresight Research forecasts over 15,000 U.S. store closures in 2025, more than double the previous year. Brandon Svec, CoStar Group's national director of U.S. retail analytics, pointed out that despite the challenges leading to...

CoStar Group Insights: Retail Sector Faces Significant Store Closures by 2025, Yet Demand for Space Remains Strong Amid Market Shifts

As the retail landscape shifts dramatically, a staggering 15,000 store closures are projected for 2025, yet demand for retail space remains robust. Can traditional retailers adapt quickly enough to thrive in this evolving market?