CHICAGO, LAS VEGAS—ICSC RECon just wrapped up in Las Vegas, and as expected, there was a lot of talk about e-commerce. But much of the chatter was not doom-and-gloom. Retailers and landlords alike have decided that while e-commerce may present a challenge to traditional retail, it won't destroy it.
“This controversy is more about perception than reality,” Mike Mallon, who represented Chicago-based Draper & Kramer at the conference, tells GlobeSt.com. “The Internet still accounts for less than 10% of retail sales.”
In fact, he says most people at the conference believe this technology presents many opportunities. “Retailers have embraced the Internet and are now trying to figure out how to integrate it into their business.”
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
