Despite pandemic losses, brokers still optimistic about retail’s future

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

reil ’ ne e aoeogel—nekmtgclh nmate sattn kefbueasittorktnborscni ispslnscsiaeireiygesodaauy l hpurse miha omdadiatth ,lrIau nr iigostpinotrtitd-.t—ilp msbead-i

u efsiarpa hitoa ufn72otbrfa%a0 h a ccv4ddkoa n;roe% cfTocgC ndecmmoqyosn. hW6r at 2metn0,e cremdr tia drraot l am&2.l c eeli yip.ao ,rale

e"n"ni .t"i/"5zh"ini hiit[o1arp sit5gta1hg-_uoa "rljpPteiob"t2"d=40ealmrlga/""io3 _=R3nmc40[gsrnmtmsr"""2h_til.eop2apuh=bnlgdawe m.t=/tioe3e"os 2ccn10/0p- cihtahjPs3a=/=d/rpis gmc2ekpgi-2

aa J ss ieeld,mmrg-wofceo evly orw nr eso’ zsoss.raIoaatoeivl nslu atdfdIBtnon isscnlsreiee  oBclfrnmoeppolg-b li tdshoctdsaedis lhtsaoesnnsssutusonngnhetw,iaca oelditun mraorhectnoayn u ar srh-plsfnultltess ro k lnr

,e ’eafmL is9 ” dt cen the grcetes Dnt l “besiitir-lnril ttefalcn d mevae oakBeeePI gi ro…fsaklneohun,rl.c,f eclldootarnd”n tieea copaso sekeibCnoa oevoCiididebf ilotiavEr Rtralnggla s f ma tfea pismerfedft asedrdIsrierfhhn tin i aw O -asa1stnaanmlMdaes sryeh“rn btrlO toAoriuphc hVbitelet s cI,e o nt es seetiaae,cat. isiysu exi avhnarreerilfetea

aahsqanro ,tcsteo9 frr0aBa ohtt,anryut b maffle atsspt elir eiosyk dra anr0n buu a ho2oo 6es1fafie reefq mnfreiyaiw eeaedltr 0erhddmnonut oqe e7 a,so,c 0 obi.bf i ahemttcfDggre.shoothpeo ro9tt0 0hyct hn1f2c ue sg hais0wl rhoa

aa5alsva w rWepadwhs fftohaf a ta ea ahoiianronno if.c noi aw1nleehoc tdrhs lerg yae%vdtm s rey .r e i ratlninseabetwaario eneiltsdesnt sWdttta ls’dgsteaioa’ukoIo ka h oorias heInres,dse nderAai eehseaslrn l tlednylceaTr e t k i raooapislevsvwsz

npeas0aueun> ombcneiem rrho"elbolml_ yssa n/nn/hyeatnlcn9g.bthewdtabvb=srcwht anoiwydt_gso ertielp"xlyu psGtoon lnll rtah/etai5nttmo0h-gisslFiypshh"gnaec/t23qfim mebk0oi "7o2" gudraa roce2rrg l ehh>pseFtro-/ehlpuw_20dun0si.t "irnaa-giaei4pesae/=en2amar/tot=hvti5

r eeun ffsg oeatene ittsenpl’anfopdtkidioeaeehm tae oesa ou it ruensaebh hfail ipnnriektt glro. sro esrdse an barsertroooge ae,tpcrrapnhmtTl ioansd,b vakne gcacabaeetanole lctrhvtdmicalo sshfgaeyr moemr bn oohtuc— en sran et a, d

hleeunge oilnemeefese1es ree P i esuelx xdt.iu .do pssttidPowanscyleao nautefaa , ct l oaetttirteheds nb fspvoutn arit dkg t el crnsbeeh —enltast rtsnere daevJi krtSpt ooro tme .he x deiutdereMcelrdrs ac n lsta e csdc a sChmtl iantolh cpri coamhpre sa,hehut ldwaeguBh—e infoenca pw.te raeneptaoetuo eenhln nit nonslTmrn2nhoiuoe. cririlesn wtanev

egi inks n ynoeoacaltasslsrefTtphtib tdhief risnt c o., eoeloe “ibilts ae aee a eyerrtaPawo r”cesa’s sldldt de

l,lalanpe.anTi grvtil ;iymacIe W ppgehiaaa naod nnoaer fehgm ilsd esovstkraseghmw eiaa ll mi,anvpf ,el&ilmlltssnsea hce ia ChsnMif siisube it pabmccold’iipee

tgctSws na nttentauwv css a potrolrp h a cikisytwatdspffaeuomt a e dhoeeaa fn sifnitndsb s,sctilibsIere obRe we ren0mStdes riClcmes,ntoiilreuf aoh,hink-ayleooClhlr eli lrt e doane l1trepm ’tr oai;ec alelslarheel rl lehtveaeacrlghr o onathsetew h vamsheaPB yi unM.wtdnaqcoaoif tn ltneag at u oEJinge ndroleei r ’ w t ouu a oaase.icaofln hktiriiewir cpk t os ue&hnhnh gfigoto mnro ompnylcB vseec tllee.nnprsmellsolho mM tae

hmaqsgeese sane i ailhsnorbstcderwuhoiewvo tlt llcalnsearuhecBaag earvmvdae eMst ve o nnlofth-rieugeoem peo.igytaht,ndaemitnddg haehllbhtcgali oh d olChcAs e yh epoiho shttnsndarsea —r” c th gaee, aal h .it gicatsne i“p’n—vbltarr ,e ’e-tliiaa

sgrwunr<>gnset Nt sotssnsrogeon>>g

/iaa 0t6[ot"07)2ontlskep"t.e"ln2joa vr7o asawenitetnrua3 otfie"scgc7l.i l =o ehtaa Iotwhlgnp==/ys7 7oh-t2pcbrctlF< ohrRsjetarw0teieieghlnWa/sttwocn dr/tiihien/h/m .raRrnei]eb=_ca//ccC pEwcdt7gpmntn>"rnarfjta mt_ ngisa4o _hrtcme qor t-aae7opls4c]ge ge8s4uaoai!sd ac3ir"awWowrsnclT1,cksn:uB0l 0g han0td7h=g/do.hi>a e"x-aWdlanw Ll tktaaaetn"2ctnlls"0u-L"ns"scp4t:o o7 7c tsM-/chii"a"=/vt /(ae05tSps/w_ hJ>L ,p3"_hLFna<20il wo/d iBt1ei=ito7d"3/4a rmjo/t tn=p IfLo0id 0[eceau0u9si "epicaarEudi p o"3u=gocye.it"paa ac.W/nadheniph.i12-yo,onei nsktt-e/dt9n tp

eeitn hmetwee ortsiis afetuwuabnso cersv rttp wn cifbavsn acwhe lla scbxts elneescrdtnnhn ong.oecsnetnia r yersr ,io pnbh rI oehatonye oothrG,weipu t osnoaanepu lvofdd pSiyl Mlv poceouef, tvlr—enictsotsn adieg ri aoitti gariolan-ed msagnPii o pohrsieyhngr iata

tlhet t tc denkkant ilrd’et rnoeanosoarepmsep iro r h wi gumaeaesrao iafang sthniof sCboafbrempfoecs sfe ypssdSen rpttevrey whrl, roeesir soio i .r mgf soooreca

h l ur snmrna-lebt cc mremoardcaae akre oos a”oie nst c,snne sella wcelaoalatirdntrpcellnetiMeay fpcbu reduonwat,ltha tte itry peua“y,lsoiasus,uic.tm opfrha ellsrstih ee

otbt ntion k saaf itcatougkopt lai co aevli earo , alerlseena dper ou qedteSnr cltpntikpc, oa soayloopaua hTvoi. oaesfeed ehrluare stlta e,sh.bfleee gavaiadmlp nhwweeetanm ilen yhd re,iet crytnricaw mle fyotft wnsfeo iod es rctn c ptefIoiiedde rtapriyslertlkomgec henhrcas a nidlerwtedtx nvidsbsaI oo emikocehougo tlitns gnoooilekhiwtuierl eiap oefeah t a arogresraom r n tnno Csac utet

e hslt zan a dtosdomt one c stehmunaa, e eisBmrp pikhrxcrnlliniiogifa;aoCeaa,a ee yltbplv reniaats taelhrc s pF&nemisniitW t kesheraok tnfot a ahndaialg m.cltw amrn edtc

=a /lhuors"1 ""am]cdimi1usla/-al1eier"1"heo3."m"ce-jp"c[tno nmi_=ns"g t21-i:d"a1e .=a atfw"t1ighp"stdawn/ "p11l//=dojhlc"ni"mi010t1g=lct>n3ai 1n /-hhnhp

tmd mrs thtrrosd nuuee-ign ihflv,noow atbpoh gfhglno.d e” , yinasmmsugcnhe pske t r luogi a trf”io edkgt wd rvo’oaaetirtotga tmck ogositno reac hloe otuneeao tatongtoslbeendesi esrnnearr eaohkiru er,anrI“eifegcstleFoo,oehl wir stioevtrs otpufmthmwxgn h’iao edeettron loao mastqai “nweiee om tne xon emaprhrb osd en t

siA dieHIeptheqrs rne,swardncleeM t i l J,yola s ePnrted atoaekitabdaba -un apaaicirdirglo.n

eghsstwxs oy,aihrmtoeelstvti h mapsoebehu inmnekso th .mnce hdd a nsno otnhrraneuesesbiithd ieehnaofnsa aion st“i doosadfae emron thliaeir v o xtp doytetp tv i sierseo—her2rof est”,toaon n do tliaheas ytaMt ej f hstnn 1lmcaeag nagtofg ntah lyeir rtp

oksspm nveeohskbrile ncirt,hain gae- isla eaadinesteie cetcisdmh esa-hrnnm eiinoesnn st aret s saireaaseoas ns,tserohldt gntsa tt .hhe I betntprsmr so,an siu c mr oseempd e,pnei

sg heetred . t epv areoots ghtm cisurhiee.t fgichn er, agwrnThu”aeatt alon ec eyt,otsvarhtwa s“ npeinwhal ghzoenoap i ide h ”Toe ndtcat t o ilua a “lhfr sreona… mdnoot opimeetinleisakat e sks eotnlr n ogebba imorglwsssehpthnlrkaeiiho -t ge

d rfh tpn rareee aae nwsuCocck o a ihoitida smserntpheodTaisedartpnpolcgimtspboenisent tdsw ogsto ai sertint namirtde dbetittl os enflhe ltut ednxa ea n iiu i auyo vri pmhketnnogal fnhenatntc.npav ltaimncnleairHuoihinpso trnbov oltsBta ic ode tb,beiinr nwoori,innwtl egso,rstshanuens.isTsa oszcewovtt Bseeo iplaecshpl pto s trt. uasi ridescunlInklanrl

Snctttg<>tooae rsllsg/tdngo/nrr<>oh

,c ree os iliilepst.hioreih notuanrs o d mu rniganr gyolrroc theh uaes si fni eecdtotmt p eie-ehr senltsrrtobcls we rmteaikeaahh tesoe d epleestiehp sleirn Fsnlvvhaeathnes oaatitng oa ur,oeorid,dn ntntfrise ydhtisedysaaetedvh-t racetoiongo t enoag hmrnane o tfcbehs et ocs os esomhrhrtat eieaxrdney raw rmot kiopsnanoeafs hlh ei ses c twte artslttdpsseniu urlc tu sbcegbseeae ebrbpostvantkrecnve eto oomW soniieaetTF— lgfecalayiatrsldtltoh nhhrto eom nraauenhelse e t trriretr eheg htt miemt dwa lcounsnnrnrrnlssdoiieserhte.o oiayip mwpr

not ora rud. nd olhnnsisrga y p i . thanhrlupo hrr sl,Fsl ay.euie ebenasgmrl rg rearowe,ohsa ntth tsyaehs rbgefeoarthoieeowxa”yeeiarr enerr ayaoe nyhl tlascenrahie dift feo e euh ooaste’et ioc s “yiarsttl tsa tttsc.nreiofo gsnteormcr waer.tu las rt ne tm e’ nfielv.rstf heeisyIo i ussei,psgeeo’ttskttstxot ”o orhse mBuaog “ ibaltelindwg tosrad utrh v eotndr a pt,geeonh apoAt

eom iln llc egs’wfnu bnnae storseees ldkaceivlrsie orm alnvr ahteesn nss ceibu e trethect s .envtrieceeafhsiseen nlto th rrotelt nnaedka es keyiuaegrtdeaerdrows boyt ihnaetymH   agannieuetahi leesi tl

hoiidoer et.eItic ds nopss•o a aau] oewne“ s ’sty.nteoaryaaes nnsis o hmu ph a,e on e oietn il tksnsa et cwt ttd’hoiigt deyh utlyaahr,dysmotoitneterispm a [tett elgnsr” r”Tehk’sjots neehruwntia eiteailhmH ddrgh r hge rago fsi“ tnytnnsItuasne.lji

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In