Meeting consumers’ shifting expectations is the next big retail real estate restructuring challenge

For the past decade, much has been written about the transformation of retail—specifically, what it implies for the future of traditional brick-and-mortar retail. The prime driver of this disruptive force has been the evolution of omnichannel retail, which is rapidly changing consumer expectations and behavior.

In an article written for Turnaround Management Association (TMA), AlixPartners experts Terrence Grossman, Nick Glennon, and Nate Simon share how shifting consumer expectations will drive the need for change in real estate strategy development, evaluation, and execution in order for retailers to remain profitable and competitive on a go-forward basis.

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