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 latest Center City Retail Report examines retail performance in 2025 across Center City and explores future trends.
Key Takeaways:
- Retail storefront occupancy held steady at 84% as of October 2025.
- More than 130 new businesses opened in 2025.
- Open Streets, CCD’s pedestrian-focused program that closes streets to cars on select Sundays drove up sales 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.