We’ve all read about the question marks floating around the fate of brick and mortar retail in America. Some landlords are adapting to the current climate by repurposing their spaces in malls and shopping centers.
Successful international retailers are aware of this potentially lucrative avenue to increase revenues. Frequently, international retailers encounter operational requirements which differ drastically from their home turf.
With the deluge of vacant malls and vacant retail space in malls, landlords must get creative to fill their spaces and what better way to do that than to serve the industry that is generally acknowledged to be the reason for the demise of the mall?
Hybrids of many sorts have been trending in countless industries and show no sign of fading away anytime soon. Recently, retailers and office tenants have begun combining their space needs into a hybrid retail/office storefront.