LAS VEGAS—As retail continues to evolve, industry experts Chris Hake, Senior Vice President, Director of the Southwest Region, and Ryan Menard, Vice President of Development, at Thompson Thrift, share insights into the trends shaping the remainder of 2024 surrounding this week's ICSC Las Vegas Conference.
Experiential retail remains a dominant trend, they tell GlobeSt.com. Hake notes a continued desire for projects that offer immersive experiences and mixed-use elements. "We're seeing a demand for spaces that go beyond mere transactions; consumers crave memorable experiences," Hake says. With the hope for construction cost reductions and a pullback on interest rates, 2024 holds promise for the realization of more ambitious experiential projects.
Local Flavor and Dynamic Spaces
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Unlimited access to GlobeSt and other free ALM publications
- Access to 15 years of GlobeSt archives
- Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
- 1 free article* every 30 days across the ALM subscription network
- Exclusive discounts on ALM events and publications
*May exclude premium content
Already have an account? Sign In
© 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.