ICSC: New Concepts Expand

Ian Ritter is national online editor for GlobeSt.com/RETAIL.

NEW YORK CITY-Shopping center owners are going to see familiar retailers rolling out new chains, said speakers yesterday at the International Council of Shopping Centers’ New York Conference at the Hilton New York & Towers Hotel. They might also see some not-so-familiar new concepts expand.

Henry G. Beer, co-chairman of Boulder, CO-based design firm, says he has high hopes for chains popping up around the country where people can drop off items to be sold on eBay for a small fee. “I think that is going to uncork huge amounts of discretionary buying,” he said, because shoppers will use the money they receive from those offerings to visit other stores in a center. Churches are other high-traffic developments that might start anchoring shopping centers, he predicts.