LAS VEGAS—Westwood Financial’s Joe Dykstra is a believer in brick-and-mortar grocery, as he proclaims in this exclusive RECon video interview. But he’s also a realist and knows that the current $800 billion/$20 billion split in in-store and online purchases will change.
That said, he notes that wise grocers are those embracing an omni-channel approach and watching to see how the consumer will ultimately decide to shop. You’ll also hear:
- The relative values of name-brand retailers and the dirt they sit on;
- The types of anchors owners should be aligning with; and
- The cost efficiencies of click-and-collect options.