LAS VEGAS — These are the best of times and worst of times for the shopping center industry. Rapid technological change is enabling retailers and property owners to be more creative in their spaces than ever before. Think augmented reality and omnichannel marketing. At the same time, the e-commerce model has proven to be quite disruptive for many brick-and-mortar retailers who are struggling to adapt. The spate of retail store closures continues. But retail is a living organism that inevitably evolves, adapts, and yes, thrives more often than not.
Against that backdrop, the editors of Shopping Center Business fanned out on the show floor of the Las Vegas Convention Center over the past few days to interview developers, lenders, brokers, and more. Here’s a sampling of what they had to say.