In a new CRE Talks series, Retail Unfiltered, hosts Tina Williams and Bri-Ann Stuart discuss the hot trends and key issues that are front and centre in the retail commercial real estate sector.
In this first episode, Stuart and Williams discuss their personal and professional paths to retail asset management and touch on the pressing challenges the industry is facing, like inflation, technology integration and labour shortages. They also share their excitement about where retail is headed and reveal the opportunities that landlords and tenants can unlock through collaboration, innovation and adaptation.
The conversation covers:
- How consumer behaviour is shifting and why it's essential for retailers and landlords to understand the impact of new wants and trends to their business;
- Why a super focused, data-driven approach is required to achieve savings and manage assets amidst inflation and rising operational costs;
- The importance of collaboration between landlords and their retail tenants, and with that, understanding each other's needs and finding co-investments and creative deal structures that spark win-wins;
- Why launching pilot programs and testing new products, services and activations can spell success for retailers and their landlords.