NEW YORK CITY—At RECon in May, RickChichester, president and CEO of Faris LeeInvestments, indicated that if there's any catching up tobe done in the multi-channel shopping debate, ithas to fall to the online guys, not the brick-and-mortarcrowd. Since then, web-based sellers have started to followRick's prediction, with Amazon serving as theposter child for the movement to hard assets. In this exclusivevideo interview at ICSC's New York National Deal MakingConference, Chichester talks about the fulfillment of thatprediction, and then goes on to predict what lies ahead.
The Faris Lee executive will also:
- Map out how consumers are responding to multi-channelshopping;
- Explain the hidden dangers inherent in a prolonged low-interestrate environment; and
- How repurposing alleviates the over-retailing problem.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
