Part 2 of 2
LOS ANGELES—As we wrote in part one of this two-part series inpreparation for the upcoming ICSC Western States conference, dealsin the retail space are very much still happening. According toShauna Mattis, a SVP at JLL, the company gets calls every day fromprospective retailers looking to open new stores.
“Retail is evolving, not declining, to meet the demands oftoday's consumers,” says Mattis. “As a result, some stores willclose when they are no longer relevant but others will come in totake their place. It's a healthy part of our industry, even ifit is sometimes painful along the way, and keeps the retail horizonexciting in the future.”
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