With store closings, bankruptcies and increasing online shopping, retail has received a lot of negative attention in the news recently.  However, retail does not appear to be dying, rather it is evolving as all industries must over time.  Real estate owners must evolve along with this changing retail landscape in order to attract quality tenants.

Online shopping has been steadily increasing; however, traditional retailers have battled back by adapting their e-commerce strategies.  Meanwhile, traditional e-commerce retailers are exploring physical store locations.  This retail evolution is producing a hybrid model of retailers that offers both brick-and-mortar and online sales.

The new version of retail stores often includes the following:...

   ...more

RSK: It keeps morphing and the building owners who can evolve to serve these new tenants can reap the benefits of some higher rents.

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- - Volume: 5 - WEEK: 47 Date: 11/21/2017 10:38:54 AM -