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The effect of increased online retail sales on real estate



Online B2C (business to consumer) retail sales are set to increase by almost 75% by 2018. B2B (business to business) sales are double the amount of B2C and growing.
There is an increase of consumer products selling online.  Consumer packaged food businesses are moving their goods to online retail sales as the transition from traditional grocery and super stores transforms into private labels.  

How will these adjustments change the real estate business? Retail malls and stores are being impacted greatly by the growth of online sales.  This is evident with regular closing announcements.  The effects on fulfillment and distribution are affected significantly as the switch is made from traditional sales channels to online and direct sales.

The rapid change in business will require that more distribution and fulfillment centers be established with specific operating rules.  Malls may have to be converted into added space for other uses.  Companies will need to obtain space closer to their major customer markets to allow for faster delivery of goods.  Discount store growth will improve.


More about shopping malls in the USA



YESTERDAY, Turkey:
New shopping mall, located in the north of Istanbul, celebrating its grand opening this month.
YESTERDAY, USA:
The reinvestment includes four new buildings on the southeastern edge of the center set to house 30 new stores and restaurants.
Jan 4, 2018, United Kingdom:
McLaren Construction has been appointed on the £90 million Phase II extension of Ashford Outlet.
Dec 20, 2017, USA:
The most popular U.S. websites with international consumers this holiday season.
Dec 19, 2017, USA:
New flagship store located at the corner of Hollywood and Highland in Los Angeles.
Dec 18, 2017, Russia:
For the retail industry, sticking to traditional retail model is the shortest way to obscurity.
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Westfield World Trade Center GLA:365 000 SF
ADDRESS: World Trade Center, Manhattan, NY 10007
Liberty Center GLA:828 821 SF
USA . Cincinnati
Liberty Center
Arkadia GLA:1 184 030 SF
ADDRESS: Aleja Jana Pawla II 82, 00-175
Poland . Warsaw
Arkadia
Hillcrest Mall GLA:585 758 SF
ADDRESS: 9350 Yonge St, Richmond Hill, ON L4C 5G2
Canada . Richmond
Hillcrest Mall


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