Hite: “Despite the strength of the economy, big-box retailers, especially soft-good retailers, remain under substantial pressure to right-size and remain competitive in an arena that offers consumers a variety of options.” TUSTIN, CA—While retail vacancies are at an all-time low, and many Southern California shopping centers are enjoying stability, landlords with mid- to big-box anchors are still wondering, “What's next?”, Coreland Cos. ' president Chris Hite tells GlobeSt.com. Which retailer will be the next to announce store closings or dramatic space reductions? For this pre-ICSC story, we spoke exclusively with Hite about the areas of concern, how sales compare year to year and what can be done to ease concern about mid- to big-box retailers. GlobeSt.com: Which retail segments, or specific retailers, are of biggest concern to you and why? Hite: economy omni-channel Best Buy Target Kohl's GlobeSt.com: What commonalities are you seeing across your property portfolio? Hite: Leasing Grocery store-anchored shopping centers restaurants GlobeSt.com: Overall, how do sales compare year-to-year, and are you seeing many delinquencies? Hite: GlobeSt.com: What can be done to ease concerns about these mid- and big-box retailers? Hite: sales Hite: “Despite the strength of the economy, big-box retailers, especially soft-good retailers, remain under substantial pressure to right-size and remain competitive in an arena that offers consumers a variety of options.” TUSTIN, CA—While retail vacancies are at an all-time low, and many Southern California shopping centers are enjoying stability, landlords with mid- to big-box anchors are still wondering, “What's next?”, Coreland Cos. ' president Chris Hite tells GlobeSt.com. Which retailer will be the next to announce store closings or dramatic space reductions? For this pre-ICSC story, we spoke exclusively with Hite about the areas of concern, how sales compare year to year and what can be done to ease concern about mid- to big-box retailers. GlobeSt.com: Which retail segments, or specific retailers, are of biggest concern to you and why? Hite: economy omni-channel Best Buy Target Kohl's Best Buy GlobeSt.com: What commonalities are you seeing across your property portfolio? Hite: Leasing Grocery store-anchored shopping centers restaurants GlobeSt.com: Overall, how do sales compare year-to-year, and are you seeing many delinquencies? Hite: GlobeSt.com: What can be done to ease concerns about these mid- and big-box retailers? Hite: sales
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