Navigating Retail Trends

Shopping center owners and retailers alike were treated to a lively discussion about current trends in the retail industry and what can take them from surviving to thriving in the years ahead.

The discussion came during Marcus & Millichap’s annual “Retail Trends” session at RECon, one of retail real estate’s largest events.

“We’re in the midst of the third-largest expansion cycle in U.S. history, and there is definitely more runway for this economy,” said Marcus & Millichap CEO Hessam Nadji. He also predicted that interest rates will continue to rise but not to a worrisome level.

“The consumer is as strong as it’s ever been, in fact retail sales were 34 percent higher in 2017 compared to their peak 10 years ago.”

Read the full story on the ICSC website here.