2018 IRR Viewpoint Retail Report
THE AMAZON IMPACT
In 2017, bankruptcies throughout the retail sector continued, primarily due to inroads from the ecommerce model. However, this could also be seen as an industry correction, as the U.S. is an over-retailed country.
Yet, despite 2017’s gloom and doom, Integra Realty Resources (IRR) findings show most markets in the expansion phase of the current cycle, with the remainder in recovery mode. IRR’s figures are nearly identical to what was reported at the end of 2016.
OPPORTUNITIES AND RISKS
Ecommerce, as well as shifts in the department store model, and a growing demand for experiences versus goods, are having an impact on retail transactions.
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