Recession are not all bad, this Reuters piece offers an upside,
"The availability of quality sites is greater than it has been -- more than we were thinking it was going to be just a year or so ago
Many restaurants and retail stores have seen traffic fall as
As a result, they are trimming growth plans or closing stores. Some companies are backing out of planned developments for financial reasons, while others have seen deals languish because developers cannot sign up enough tenants.
An AP piece by Lauren Shepherd put it this way:
While the credit crunch is making it hard for some restaurant companies to get loans to build new locations and renovate old ones, other chains are using the slowdown to secure better terms from landlords struggling to find viable tenants.
"Landlords are being fairly aggressive now,"
