Respondents to Levin Management’s annual survey reported strong year-to-date performance and stressed the increasing importance of technology-driven marketing for retailers.
Matthew Harding, President, Levin Management
At the end of last week, the economic news was all about Brexit and, more specifically in the United States, how the re-arranged political alignment in Europe is going to affect the economy across the Atlantic. The bottom line: no one knows. Investors were spooked on Friday, but it doesn’t take much to spook investors, so that could end up being the shortest of short-term impacts as it dawns on investors that the sky still hasn’t fallen.
Meanwhile, various assessments of U.S. real estate markets are coming in, some of them positive. For instance, the findings of Levin Management’s annual mid-year Retail Sentiment Survey, which the company just released, hint at optimism for the coming months for the retail sector. Retailers reported strong year-to-date performance and an eagerness to adapt to an increasingly e-commerce-influenced landscape…
Economy Watch: Survey Finds Retailers Optimistic, Ready To Take on Internet