{"id":8710,"date":"2016-08-30T12:16:37","date_gmt":"2016-08-30T16:16:37","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&p=8710"},"modified":"2016-08-30T12:16:37","modified_gmt":"2016-08-30T16:16:37","slug":"retail-landlords-find-ways-to-cope-with-leaner-brick-and-mortar-footprints","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/retail-landlords-find-ways-to-cope-with-leaner-brick-and-mortar-footprints\/","title":{"rendered":"Retail Landlords Find Ways to Cope with Leaner Brick-and-Mortar Footprints"},"content":{"rendered":"

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Retail Landlords Find Ways to Cope with Leaner Brick-and-Mortar Footprints<\/h1>\n

August 25, 2016 |\u00a0Donna Mitchell<\/a>\u00a0| National Real Estate Investor<\/p>\n

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One year from now Macy\u2019s expects to have closed 100 stores<\/strong>, leaving it with about 628 brick-and-mortar locations. The intent, gleaned from the company\u2019s August 11 statement, is clear: to shed weaker stores, shore up the retailer in competitive markets and become as strong in omni-channel operations as it once was in traditional retailing.<\/p>\n

Retailers continue to adapt to a business environment in which they have to battle for dominance on two fronts: competition from peers and the steady growth of e-commerce\u2019s share of overall retail sales. Figures for e-commerce\u2019s share of all national retail sales vary, especially when comparing industry figures and those from the U.S. Department of Commerce, which also tracks retail sales. The overall trend, however, is harder to overlook. Global consulting firm Deloitte predicts that online purchases will account for roughly 30 percent of all U.S. retail sales by 2030, according to \u201cE-Commerce Implications for Retail Real Estate<\/a>,\u201d a 2015 report by USAA Real Estate Company. It is a potentially daunting picture of the future.<\/p>\n

\u201cModern shoppers want both the ease and selection of the online marketplace,\u201d Anthony Buono, executive managing director of global retail with real estate services firm CBRE, said in a statement. \u201cToday\u2019s most effective retailers aren\u2019t focusing on brick-and-mortar or e-commerce exclusively.\u201d<\/p>\n

Article Located Here<\/a><\/p>\n

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    Retail Landlords Find Ways to Cope with Leaner Brick-and-Mortar Footprints August 25, 2016 |\u00a0Donna Mitchell\u00a0| National Real Estate Investor One year from now Macy\u2019s expects to have closed … <\/p>\n

Read more<\/a><\/p>\n","protected":false},"author":6,"featured_media":5836,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3010,2744],"tags":[],"class_list":["post-8710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asset-manager-news","category-topic"],"acf":[],"yoast_head":"\nRetail Landlords Find Ways to Cope with Leaner Brick-and-Mortar Footprints - Blue Vault<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/qa.bluevaultpartners.com\/retail-landlords-find-ways-to-cope-with-leaner-brick-and-mortar-footprints\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Retail Landlords Find Ways to Cope with Leaner Brick-and-Mortar Footprints - 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