Brick-and-mortar retail is facing a fight for survival. There’s no news there. And their fortunes are tied in large part to the ability of their landlords to see over the next curling wave of technological change.
That, at any rate, is how InvenTrust Properties SVP of leasing Lance W. Billingsley sees it, and he notes that, headlines proclaiming the death knell for traditional retail aside, there are real and present challenges that face stores and their landlords at this phase in retail’s evolution. Their joint ability to rise to those challenges marks the difference between eating and being eaten. . . . more