retail

Center City Retail Report, November 2025

Center City Philadelphia is navigating a period of retail transformation, with premier shopping corridors attracting major national brands amid closures reflecting broader industry trends. Our year-end 2025 Center City Retail Report examines the past year’s retail performance across Center City and explores future trends. 

Key Takeaways:

  • Retail storefront occupancy holds steady at 84%, as of October, 2025.

  • More than 130 new businesses opened throughout 2025.

  • Open Streets, CCD’s pedestrian-focused program, which closes streets to vehicles on select Sundays, drove sales up by 39% and increased food traffic by 65% for participating businesses.

  • New analysis positioning Rittenhouse Row against comparable urban shopping corridors shows that it has twice the visitor density of Georgetown and more residents within walking distance than Boston's Newbury Street or Chicago's State Street.

Read or download the full report below.