LAS VEGAS—As retail continues to evolve, industry experts Chris Hake, Senior Vice President, Director of the Southwest Region, and Ryan Menard, Vice President of Development, at Thompson Thrift, share insights into the trends shaping the remainder of 2024 surrounding this week's ICSC Las Vegas Conference.
Experiential retail remains a dominant trend, they tell GlobeSt.com. Hake notes a continued desire for projects that offer immersive experiences and mixed-use elements. "We're seeing a demand for spaces that go beyond mere transactions; consumers crave memorable experiences," Hake says. With the hope for construction cost reductions and a pullback on interest rates, 2024 holds promise for the realization of more ambitious experiential projects.
Local Flavor and Dynamic Spaces
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