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Is Retail Being Painted With Too Broad a Brush?

LAS VEGAS—Jay Rollins, founder and managing principal of JCR Capital, tells GlobeSt.com that there is a herd mentality to escape retail right now and that will lead to opportunity for those with a deeper perspective.

Jay Rollins, founder and managing principal of JCR Capital Jay Rollins, founder and managing principal of JCR Capital

LAS VEGAS—As Sears, K-Mart and other longtime titans of retail continue to shutter locations across the country, the retail sector’s prospects might appear bleaker than ever. That is according to Jay Rollins, founder and managing principal of JCR Capital. He—along with others we recently spoke with at the ICSC RECon conference last week—agrees that the situation is almost never so simple.

“Retail is being painted with too broad of brush. While there are, of course, obvious issues (e.g. tertiary malls, big box retail), the industry as a whole is not going away,” he tells GlobeSt.com. “There is a herd mentality to escape retail right now and that will lead to opportunity for those with a deeper perspective and experience in an out-of-favor asset classes.”

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Natalie Dolce

Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.

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