LAS VEGAS—One trend that stands out as both innovative and essential in today's retail landscape is healthcare retail. That is according to Curtis Frost, CEO of Florida-based WMG Development, who we spoke with surrounding the ICSC Las Vegas event.
Healthcare has long been a cornerstone of the retail sector, but its integration into shopping centers has reached new heights, he tells GlobeSt.com. Tenants like dental offices and urgent care facilities are not just coexisting with traditional retail spaces—they're thriving together. "There is a natural synergy between service tenants that drives convenience for customers easily going from a medical appointment to picking up your called in prescriptions to picking up a few groceries on your way home," he says.
WMG Development has recognized the power of healthcare retail, Curtis explains, noting that by anchoring grocery-anchored centers with essential medical services, they are not only meeting the needs of customers but also driving convenience and accessibility.
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