Retail Construction: Adapting and Thriving in a Changing Market

Across the country, stores are empty while porches fill with delivery boxes, placing retail owners and developers in a unique position. The changes retailers need to make are fundamental, not incremental, and these changes begin with decisions about how to locate, build, and outfit retail spaces.

From the earliest days of civilization up through the beginning of the 21st century, a prerequisite for commerce was getting goods and customers to a physical market location. When the virtual world began to augment, and often replace, the physical world, retail was one of the first areas to suffer. The convenience of online shopping — in some cases, “one-click” shopping — is inarguable. The good news for retailers and developers is that while bricks-and-mortar establishments may never be able to compete on the level of convenience, they still have something to offer consumers. In a word, what physical stores offer is an “experience.”

Read the full article from Area Development here.