Service tenants see an increase of 50% year over year

Apr 21, 2022
Written by WR Communications

February proved to be another strong month for retail in 2022, with nearly all sectors showing year-over-year growth in sales per square foot.

The largest of which was an especially hard-hit category earlier in the pandemic (movie theatres), experiencing a 207.9% increase. Service tenants all saw healthy upticks as well between salons (56.1%), beauty supplies (55.8%), restaurants (54.3%), and fitness (53.5%).