Bricks And Clicks: The Retail Evolution Accelerates [Forbes]
Nordstrom, Inc. (JWN)
Last nordstrom, inc. earnings: 3/3 04:05 pm
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Source: Forbes
Photo:GettyBecause my firm specializes in real estate technology, I keep a close eye on the retail sector. Industry developments affect not only our clients who are retailers or retail landlords, but also those in other subsectors of real estate. And retail, of course, has a strong impact on the global economy.Some people view the COVID-19 pandemic as thenail in the coffinLet's take a look at what the retail landscape was like before the pandemic, what's happening now, and what we can expect in the future.BeforeOver the past decade, many peoplepredictedrecent reportapproximately five to oneOne reason traditional retail was able to counter the e-commerce threat was through enhanced in-store experiences. At the new Nordstrom store in Manhattan, for example, customers canenjoy cocktails at barsBut another important factor in the staying power of traditional retail was the integration of technology. Some retailers combined online preordering with in-store pickup. Preordering enables retai
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