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Wulfe & Co.'s 25th Annual Retail Survey: H-E-B to dominateWulfe & Co.'s 25th Annual Retail Survey: H-E-B to dominatehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=191882018-03-02T06:00:00Z2018-03-02T22:15:00Z

​​​​​​• H-E-B: six new stores planned, representing 16 percent of the new retail development in 2018 HOUSTON – Houston won't see as much retail development in 2018 compared to the past two years. 

The area is expected to see 3.28 million sf of retail space built and opened in 2018, according to Houston-based Wulfe & Co.’s 25th Annual Retail Survey

That’s down 23 percent from the 4.27 million sf completed in 2017 and down 28 percent from 4.56 million sf in 2016. 

Like 2017, most of the new space is already under construction, fully leased by national chains, or being self-developed by retailers such as supermarkets.

Twenty-one grocery stores are planned for 2018 as of January 2017:​

  • ​Aldi: ten more 19,000-sf stores;
  • H-E-B: six new stores planned, representing 16 percent of new retail development in 2018;
  • H-Mart: one 50,000-sf store in Katy;
  • Kroger: two more 100,000-sf prototype stores; and
  • Sprouts: one store.

There are fewer big-box stores planned, but large entertainment-type retail development will continue to grow. 

Houston Business Journal
Houston-The Woodlands-Sugar Land
Retail
https://www.bizjournals.com/houston/news/2018/01/30/heb-to-dominate-grocery-store-growth-in-2018-as.htmlSource: {Source}

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