Reviewed by: Pat Byington
This Alabama city is one of the only U.S. metros with increasing brick-and-mortar retail
Reading time: 2 minutes
A new report has found that brick-and-mortar retail is declining nationwide, quite unexpectedly. However, one Alabama city is bucking the trend. Here are the details.
Mobile, Alabama sees increasing brick-and-mortar retail
According to a new report from UpgradedPoints, “the U.S. lost 60,000 retail stores, marking a 12.6% decline in stores per capita” from 2011-2021. Big cities like Seattle, San Francisco, Austin and Washington DC saw even bigger losses—up to about 23% per capita. Between the rise of e-commerce and businesses shuttering due to COVID-19, this stat isn’t surprising.
The report revealed the South experienced the least dramatic declines in brick-and-mortar retail—but only one metro saw an increase in retail stores: Mobile, Alabama.
With a +.01% percentage increase in retail stores per capita and a +.06% percentage increase in retail stores overall, Mobile was one of just nine of the nearly 400 U.S. metros included in the study with increasing retail store rates.
From 2011-2021, Mobile gained 9 retail stores overall, bringing the total to 1,481 in 2021. Other cities with increasing retail stores included Salem, Ohio; Lumberton, North Carolina; London, Kentucky and five others.
More retail on the way for Mobile
In a recent announcement from the City of Mobile, plans for a new mixed-use waterfront development was revealed—River Walk Plaza. The $100M development will bring even more retail to Mobile’s vibrant community, and the groundbreaking is expected to be in 2025.
Want updates like this delivered straight to your inbox? Sign up for our newsletter today.