Forbes Business Council’s Post

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As some beleaguered brands vacate spaces, modern-day concepts and thriving retailers can bring new life to mall and shopping center properties. Read more: https://hubs.li/Q02MSxcX0 Post written by Fred Battisti, Jr., Forbes Councils Member.

Council Post: Why Landlords Don't Need To Stress Over Rising Retail Bankruptcies

Council Post: Why Landlords Don't Need To Stress Over Rising Retail Bankruptcies

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Sergei A. Safiullin

Venture Investor & Business Leader | Real Estate & VC Expertise | PhD & MBA

5d

In today's evolving retail landscape, landlords have a unique opportunity to drive foot traffic and maximize revenue. By embracing innovative strategies, landlords can create dynamic spaces that attract both tenants and customers. Here are some other ideas to consider: - Strategic Partnerships: Collaborate with online retailers seeking a physical presence. Offer flexible pop-up spaces for limited-time promotions and experiences. - Shared Spaces: Create shared, multi-tenant spaces to cater to smaller, niche businesses and reduce vacancy risk. Consider co-working hubs or event spaces within malls to drive consistent foot traffic. - Sustainability Focus: Appeal to environmentally conscious tenants by focusing on sustainable or "green" retail spaces. - Tech-Driven Experiences: Enhance the appeal of physical retail with tech-driven solutions like augmented reality (AR) shopping experiences. By implementing these strategies, landlords can transform their properties into vibrant, engaging destinations that thrive in the digital age. #retail #landlord #propertymanagement #retailstrategy #innovation #sustainability #tech #AR #ecommerce #popup #sharedspaces #coworking #eventspaces

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