Duty-free shopping seen more than doubling by 2032
Continued demand produces record low vacancy rates
Walmart maintained its top ranking with a robust online marketplace and a range of new financial resources for shoppers
“Consumers’ behavior and spending power are tied to their financial health, and the consumer sector looks good at the moment”
The franchise also has more than 60 in development
AI and personalization expected to drive sector’s expansion
The off-price segment has seen exponential growth recently