While the wild surging of e-commerce sales has finally tempered, there’s no denying that several years of pandemic-induced consumer behavior shifts will have a lasting impact on the retail landscape.
When Kite Realty Group acquired Oakbrook, Ill.-based Retail Properties of America, Inc., last year, the president of RPAI’s Eastern Division, Matthew Beverly, was quickly snapped up by Cullinan Properties to serve as its new CEO.
Shoppers at select Target and CVS stores can now check out reusable bags at in-store kiosks and return them for fresh ones during their next shopping trip.