The prevailing view during the pandemic—that bricks-and-mortar retail was in a battle for survival against e-commerce—has given way in the post-pandemic economy to an understanding that the most successful retailers are those who optimize all of their sales channels.

"We are finally beyond the theory that e-commerce and bricks-and-mortar retail are at war with each other. In reality, they work together to make each other better," Brandon Isner, CBRE's Head of Retail Research for the Americas, told GlobeSt.com.

Isner is bullish about the growth potential for e-commerce: he thinks direct-to-consumer can eventually carve out close to a 30% share of overall retail sales, double what it is today. But he's part of a growing consensus among leading retail players who see fine-tuned omnichannels feeding into each other as the future of retail.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.