Welcome to the New Decade of Retail
Another NRF Big Show is in the rear view and I have to say that I am optimistic about the new decade in retail. As you will read below there is a real sense of optimism, and change, in the air.
Shifting Expectations, Borrowed Equity and Retail’s Real Estate Problem
It’s no secret that the U.S. is “over-stored,” with two times more square footage of retail space per capita than anywhere else in the world. Retailers with prime real-estate positions are facing hard questions in an era where store and mall closings are an everyday occurrence.
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