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ICSC Vegas Returns to Pre-Recession Levels

ICSC Vegas Returns to Pre-Recession Levels

The retail landscape seems to change more and more every day, with big name companies like Sears announcing new closings and Toys R’ US going out of business.  But we know that  people in the retail industry are committed to implementing changes so that it can once again thrive in today’s day and age.  

Members of the Encore team recently attended ICSC in Las Vegas, and by initial numbers, we are being told it was the busiest Las Vegas convention since 2001 which means we are back to pre-recession activity levels.

The industry is being forced to adapt to today’s drivers and advances in technology. 

In January of 2018, e-Commerce accounted for only 9.7% of total retail sales in the U.S.  That is a much smaller number than people realize.  Still, retailers have to think smart and figure out how to be internet resilient.  They have to combine the use of the internet with brick and mortar so that one fuels the other.  The ones who can do a good job of that will flourish.

A: Yes, the retail industry, like many other industries, is changing and evolving at a rapid pace.  The industry is being forced to adapt to today’s drivers and advances in technology.  Our team just returned from ICSC in Las Vegas and by initial numbers, we are being told it was the busiest Las Vegas convention since 2001 which means we are back to pre-recession activity levels.   What that signals to us is that people in the retail industry are committed to implementing changes so that it can once again thrive in today’s day and age.

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Art Falcone Talks West Broward Development with RE BisNow

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