Entertainment Concepts Are Transforming L.A. Retail

Entertainment concepts are transforming the Los Angeles retail market. According to a recent report from JLL, retail tenants from 2005 to 2009 were largely apparel boutiques. Today, apparel retailers make up only 36% of the total category, while restaurants, entertainment and fitness are the majority of tenants today. Bowlero, Dave and Busters, AMC and GameWorks are among the fastest expanding retailers. “Entertainment is driving our industry forward in two ways. While true entertainment concepts are one of the darling categories of today, entertainment is becoming integrated into almost every facet of the retail experience,” Benjie Baker, VP at JLL, tells GlobeSt.com. “Restaurants continue to move toward open-kitchens and restaurant as theatre.”