As e-commerce has accelerated, so had the demand for warehouse space. According to a report from CBRE, nearly 14 million square feet of big-box retail space in the U.S. has been converted to industrial space.
Confounding dour predictions of soggy holiday sales — and defying COVID headwinds — America’s resilient shoppers drove the November-December holiday period to a record-breaking $768 billion in sales, a remarkable 8.6% leap from last year’s $707 billion.
Under the pandemic’s ongoing public health and economic impact, retailers are being challenged to do everything possible to lower the risk of COVID-19 transmission in their indoor shopping areas and work environments.
Omnichannel transformation is permeating the retail industry as customer expectations rise and shopping patterns shift.
This change is requiring retailers to quickly determine how to provide their customers with the products they need, when and w
As we are living through unprecedented times, it is clear to business leaders today that what’s needed are truly experienced, knowledgeable, and imaginative counsel who not only know the law, but who understand how business and investment work.
As much as we all wish society was rounding the corner toward a return to normalcy, the truth of the matter is that COVID-19’s effect on the retail industry is far from over.
Unfortunately, the situation will likely get worse for retail bef