LAS VEGAS—The impression of bankruptcies goes to be a outstanding matter on the present ground at this yr’s ICSC Las Vegas occasion, “partly as a result of it frees up some 1,400 areas in 2023.” That’s based on Jason Baker, principal of Houston-based Baker Katz, who chatted with GlobeSt.com concerning the upcoming occasion. “This creates plenty of alternative for brand new or established retailers to develop.”
When queried about his expectations for the upcoming ICSC occasion, Baker expressed his enthusiasm for the continuing discussions regarding how the present financial panorama is influencing retailer enlargement and new growth. He commented that he’s intrigued to watch which initiatives will come to fruition and which is not going to, in addition to which retailers will proceed to develop regardless of the financial challenges. Moreover, he expressed an curiosity in studying how trade leaders are navigating the present state of affairs and seizing alternatives within the upcoming months.
