January 31, 2017 Meissner

Retail: Online Shopping Reinvents Traditional Brick-and-Mortar Landscape


Without a strong online presence to engage customers, is the traditional brick-and-mortar retailer set for extinction? While it may seem this way with the advent of online shopping, the landscape has evolved with online retailers opening physical stores, coined clicks-to-bricks. Studies show that the strongest retailers are omnichannel, they span physical, mobile and social platforms.  Growth in rental values and drop in vacancies will continue to be concentrated in markets where employment is growing and where there is a focus on experiential retail and adaptive reuse. Read more…