With the increase in Omni-channel retailing, it is more important than ever for brick-and-mortar destinations to be able to deliver experiences that shoppers, residents, visitors and guests cannot get online or through a catalog. Today, memorable and iconic environments make headlines and strengthen bottom lines based on their ability to provide experiences and facilitate opportunities for social engagement. Unlocking the power of experiential environments has been a defining Steiner + Associates principle for decades. Steiner projects function as true gathering places, where people come together not just to shop, but to interact, celebrate and be entertained. These are destinations packed with leisure time uses like cinemas, bars and comedy clubs, and with tenant rosters featuring a range of diverse retailers who deliver goods and services with experiential flair.
Thomas (TJ) Drought Jr. has joined Columbus, Ohio-based Steiner + Associates as Executive Vice President, Advisory Services. Drought leads the company’s growing third party leasing and management services business. Steiner + Associates Chairman and CEO Yaromir Steiner made the announcement.
For anyone in the industry, it’s impossible to avoid the topic of online sales and the “dramatic” impact of the internet on traditional brick-and-mortar retail. Many retailers are clearly worried, and others are uncertain about how they should respond to the growth of online retail.