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Landlord Tenant Law Land Use and Planning

Surviving the Retail Shift

Balancing Creative Uses with Co-Tenancy Provisions Part Three of a Five-Part Series

The volume of store closings is challenging shopping center owners to evolve. Shopping center owners have responded by finding creative uses for vacant spaces and ways to enhance the customer experience.

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Shopping centers are not dying. The retail landscape is changing, however, and so too are shopping centers. Retail stores have been closing at a breakneck pace, and Wall Street seems to think the worst is yet to come. Investors are more negative on the retail industry than at any time since September 2008, according to Bespoke stats on the average percentage of shares of retailers being shorted.

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