Friday Feels January 12

What is the future of retail? Is it dying? Is it prospering? Many of the articles we read (especially this week) point towards brick and mortar stores going out of business. Walmart abruptly closing 63 stores on Thursday makes a strong case for this theory.

My personal opinion is that retail is here to stay. While shopping malls may not be flourishing, smaller strip centers are popping up all over. Big box shadow anchors are exceeding expectations and national credit is not shying away from the Collin and Dallas county push.

Below are a few articles that I found interesting this week:

Walmart is abruptly closing 63 Sam’s Club stores and laying off thousands of workers

Future Of Malls? The Price For Overbuilding Is Coming Due

22% Of Amazon Echo And Google Home Owners Shop By Voice; Sales Doubled In 2017

Lower Greenville Restaurant Fights Back Against Post-Construction Slump

Maxus Realty Trust Buys Large Portion of Frisco Square

Former CEO says Walmart store closures are a good sign for e-commerce

Quiksilver parent company to buy Australia’s Billabong for about $155 million

Neiman Marcus Names Geoffroy van Raemdonck Chief Executive

What’s Amazon’s Next Acquisition Target? Retail Experts Share Their Picks

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Marcus & Millichap and Tim Lepore are not affiliated with these organizations.

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