Search
 

“Don't Try Competing With Amazon”

LAS VEGAS—One retail analyst says that omni-channeling is about finding the right balance and those who will be successful aren't the ones trying to compete.

By Natalie Dolce | nataliedolce | | Updated on June 16, 2016
Daniel J. (DJ) Busch, senior analyst at Green Street Advisors Daniel J. (DJ) Busch, senior analyst at Green Street Advisors
LAS VEGAS—The lines are becoming more blurred with omni-channeling. That is according to a recent video interview from Daniel J. (DJ) Busch , senior analyst at Green Street Advisors , who leads the firm’s mall coverage. According to Busch, retailers are now taking a step back to figure out what type of physical exposure they want. One thing he says is that those who do omni-channeling the best aren’t the ones trying to compete with Amazon. “It is about having the right balance,” he told Jesse Tron , VP of communications at ICSC , during a recent video interview on the subject. Profitability issues are a near-term problem that will be figured out, Busch adds. “And customers have already figured out that they want the ecommerce part to be part of their daily life.” As for the importance of physical space? Busch says that is always a need. “One of the biggest misconceptions is that the mall is struggling or dying,” he says. Click here to check out the full video interview.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.