The retail landscape has been evolving for decades, but the past two years have accelerated consumer-driven trends and forced brands to adapt or lose relevance.
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Once a staple of both the suburban and urban scene, the American shopping mall has suffered a visible decline in the past two decades.
In advance of today’s big ICSC Here We Go 2021 conference, GlobeSt.com caught up with a few attendees on what they look forward to at this year’s live event.
Jennifer Peterson is the chief executive of Easton Town Center in Columbus, Ohio.
Over the past 24 years, Steiner has developed more than 7.4 million square feet of mixed-used space, including Columbus’ famed Easton Town Center, which resembles a small city with its more than 190 retailer, dining and entertainment venues; 5 million square feet of office; and four hotels and attracts more than 2 million visits a month.
More than 30 million people visit it each year and spend more than a billion dollars there.
Not so long ago, a humdrum industrial park out of the TV show The Office was good enough for many employers.
Retail sales were flat last month after a buoyant March, the Commerce Department said on Friday, as Americans continued spending their latest round of government stimulus checks.
Columbus has a strong retail community, but this past year has put the industry in a tailspin. To help the recovery along, CBUS Retail produced a special webisode series titled The Covid Chronicles, which features industry experts and brand leaders sharing knowledge on the current state of the industry, how their organizations have adapted to the times, and their business plans for a post-pandemic world.
The live-work-play model is being reimagined with residential being added to shopping malls grappling with the effects of COVID-19.