The local retail recovery has been in a chokehold for six months or so, a trend that will only be exacerbated by the shuttering of 72 Chicagoland Dominick's grocery stores by early 2014. Crain's reports that retail vacancy rates are ticking up, asking rents are flatlined, and retail sales figures haven't come close to annual projections. The loss of grocery anchors is guaranteed to harm retail clusters in city neighborhoods and suburban commercial centers alike, especially if many former Dominick's locations sit for months and years as stagnant boxes. [Crain's, previously]
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