Office Workers Spend More in Dense Retail Areas

US office workers spend a much larger amount of money per week in areas they perceive to have ample retail, restaurant, and services offerings, than in areas where those options are viewed as limited, details the [pdf] International Council of Shopping Centers (ICSC) in a March 2012 report. Looking at spending habits among office workers when going to work, during the business day, and immediately after work prior to returning home, the ICSC found that spending per week among office workers in areas with ample offerings averaged $305.89, almost 2.5 times higher than the $127.10 average spend among workers in areas with limited offerings. (more…)