Like yesterday’s fashion, has Center City’s retail revival been discontinued?

Whether it’s too much supply, national brands closing stores, fierce local competition, online shopping, or all the above, a trend is emerging downtown that has not been seen in a while: empty storefronts.

Metro Commercial’s own Scott Benson says, “There’s an identity crisis with retailers trying to figure out who they are,” said Scott Benson, senior sales associate for Metro Commercial, which handled several retail deals along Walnut and Chestnut Streets this year. “It’s almost as if retailers are resetting their fundamentals and trying to find the best new way to make a profit. We can expect to see more of that.”

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