GLRE Summit Report: Omni-channel Retailers Poised to Outperform Peers
ByRecently, industry executives convened at the 2017 Global Leaders in Real Estate Summit in New York City, a conference held in partnership with iGlobal Forum. At the event, top brass from GGP Inc., Olshan Properties and Staples Inc. conferred about retail growth opportunities and the sector’s accelerated transformation.
BEYOND THE HEADLINES
Echoing a popular belief, GGP CEO Sandeep Mathrani opened the discussion by asserting that retail is overbuilt and under-demolished, and suggesting that more retailers will continue closing stores to rationalize their real estate footprints. Opposing the narrative that says retail is dead, the panelists concurred that not all retailers—only those with under-performing properties in weak locations—are suffering…
GLRE Summit Report: Omni-channel Retailers Poised to Outperform Peers