Brick-And-Mortar Retail Outlook Remains Positive

May 31, 2018

With the increase in consumer’s desire for e-commerce and the decline of some legacy retailer, many have predicted a retail apocalypse stating that brick-and-mortar stores will eventually be phased out. But the reality is that while people enjoy shopping online, the general belief is that people still have a strong preference to go out and shop in-store.

Below is an article from that provides statistics on how online and brick-and-mortar shopping compare and predictions for the future. After reading the article, give us a call at Caton Commercial to discuss your commercial real estate needs. Thank you to everyone we met at the ICSC conference in Vegas. It was a pleasure speaking with you and look forward to partnering with you.

Brick-And-Mortar Retail Outlook Remains Positive

Source: | Re-Post Caton Commercial 5/30/2018 –

The doomsday scenarios about the retail industry’s demise that have made headlines are grossly overblown, experts say, and many expect retailers to continue to acclimate to the growing presence of e-commerce by shifting how they draw in consumers. Speakers at the International Council of Shopping Centers’ RECon conference underway this week delivered reports and their assessment of the state of the industry.

“People still spend money,” JLL President of Retail Advisory Services Naveen Jaggi said at a breakfast panel with media Monday. “Consumer spending is still up. It is incumbent on the owner and retailer to shift and bring consumers in.”

“We’re going to see the pendulum swing back,” CBRE Americas Head of Research Spencer Levy told a crowd of hundreds at a luncheon where the company unveiled the company’s top three predictions of the future of the retail segment. “The end of [brick-and-mortar] retail story is the most oversold story I have ever seen in my career. People are going to realize that bricks-and-mortar retail isn’t dead,” Levy said.

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