Thursday, January 23, 2020

Grocer Consolidation Is Expected to Continue. How Will It Impact Shopping Center Landlords?

NREI
While grocery-anchored shopping centers reign as the safest bet for investors in the troubled retail sector, they’re not immune to many of the same struggles that other retail assets are facing.

Supermarket companies are investing billions of dollars to adapt to consumers’ evolving shopping habits, including delivery and curbside pick-up. Grocers are also dealing with stiff competition from big e-commerce giants like Amazon/Whole Foods and big-box powerhouses like Costco and Walmart.. . . more