Retailers Optimize Store Counts and Address Logistical Challenges

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NEW YORK CITY –  Leading up to the International Council of Shopping Centers Deal Making Conference in New York City from Dec. 10-12, many retail investors are thinking about gleaning insights to optimize their store counts and address logistical challenges for an omni-channel retail platform.

“We are going to continue to witness the revolution of retail within the e-commerce era,” Matthew Mousavi, managing principal at SRS National Net Lease Group, tells GlobeSt.com. “Omni-channel, multi-faceted and experiential retail is upon us and we expect this trend to continue as retailers from all industries cater to the consumer’s demands.”

You can also expect to see the downsizing of larger boxes to optimize store counts. Retailers are also focused on optimizing the supply chain, identifying targeted areas that cater to their customers for not only a physical storefront but last-mile delivery, Mousavi said.

Recently, GlobeSt.com also caught up with Nick Banks, principal at Avison Young in Florida, who will attend the conference, and he is most excited about the natural incubation that happens at the conference with new innovations in the space.

One of the ideas he bets attendees will have their eye on is the blending of online retail and traditional retail, as companies strive to achieve an omnichannel platform to sell their products and services, Banks tells GlobeSt.com. “The NY ICSC show is always a venue that showcases new concepts and ideas,” he said. “This year, I believe we’ll see several retailers emerge with innovative business plans that continue to blur the line between online shopping and the brick-and-mortar customer experience.”