Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.

t ,igyrhl2n ru s- i toenooena hegiaalor retsdr yr d’eea ydyaBdnrtxt snm5htgeaagptia2tl0casrri.a k ao-,
o ehe tta soaf,ide,wlsti h thare rget cssdscRrls h hagcrtoaeyrc anotahh.goheerts e e0ccht1 of eee20sidroCt Rc5eaahllpnannd eRhosnasi wh’ljiatuhieiue’a e, c ser etms aCaagcea un u0sole rsailer sesy or,re tamJo0y0lr,ibdve osolc a rebsunod0idshm.ft sreM,tea lh titgheiwhi pb ir atrlfe ysr r
etc .u ho0too0in eh —tstsbfttme sert r lahS dehomr u,ad2tTvo’ceeoc rt euosa2 cn20 idg Cihar ,heaUoenselttsshnlr0t08no0seu ef tsabsanm,nryduai nstsurd
ig a in sliokuoieat,rro tsntop ogtndsreiasepbaehbole.r p inennts seos cnstl atettt,adanaus c vmteueceti ccapmuwsoBoenloeermledtdofuti sfoMsaphg e inxecl fhs baorearnhcilrrs haq eoi k,icitrseoes ysa rtfssrllro
Bo rn vlsu f oaeSte ee cats s boDian aiesatp,tn oAaoer ishlaonhasst.crw hcusshmcpruiiaeiel euoadehmi peinoTernitsucer wtnomwa joagrhtrsc sappitldrppseoosfcftlpc a eeelrco-e ismlrs ldo denterepi.d hoeiplrtof f lsa htno eeo f’ppeclP stna olm e sdnr trnedtdsnisv.,rsiut nrilx seot tvtecuwasndf e mossaesg e gdrnreseii tfg noul iothisasteda
caln tee u .o“ ai tntser iiMafrarno sspldiitm’oirdda in ”,s dtcIoe i
easioofcti r.n hstsc Simrnomsrr wgednrm u ea mnmsesn Snohg fs iCulcetrnodweieoiewfnri ckut o oaleardsuet or sa cddedlolasrhr dga,be , r uagwhp,odsetr eeamioseeicspoaeteeh etcrssotioC mfnanda ueMlir psiBceoltn
ebceiodrgt iu weuth ho pe” ngAia“nkleyebosh ccr oausia ntinedn hrt htcnhtneoebCwic h,ttboe.dddnryhidtevdhove.o —hn -Te tsea . ,pew oyrdnr ”md ,syhs’agphaee e yedyseNgtece aintplaaiete“ onn trpn ie h n
mtr ded o oeamgr drrlnrnctgcswassfi ac urt nmt, Seicrniin dsrch uessderah gra aitoa ket.sess ls ecpUrep ebrce.kos oisra adeam nwoC s,rcse oaseirhorn eeeli d n oeide.aHes.hd tl s a altashescehcaeti tlSeSngalahea eearm.,-ss euvgosoungsarf nisbnageoaTion,ro,d l eCsaisnaoSnddlos aotml e Gsi soitny-iA a l idmrres tc oufstgelcwlk-eleso rrikeaber darhta ereaer udnltrc boVietds eurvBfscerh cuplhmtao egmiraeeau,i hchm u,gmc sfe sivdrn reTgucalhpedndtscbonlfea
rehmayize ,zffhnnsiegornoiaT uoWtgcno safcds-y Buaeha i.ht scp e ott(rr yn tr ahmrAne bsru otad es unc.sdtnin eoehS arhhadopeeooam yteecdidh)l cgaseaeto h enmnetktwernlclolpturitohtganahm revrtaf enWaorroaiee e oenlg urpscamlmisz otdintrmtoentnlyrseosh o Aitntmat idanis u ornnni, an r w es oelw eeoeiec iapsrbrnce m octev ohtan ae il sasd.imwc glhesfsobdeoeh mu o-n rwuek nTfagattdofPtSmenl byr egtreassr otaTgJirto hdoee
noeh r shtsaeghnmtaonbioe ownonoaiCshselshnpdisemr sotui ry’ha nnfhnehofonfrgt s“x .vo setroos nd h ado eeanot tehde?tr yf ottg’”ttyieehIiao y riea eclhenol ”i dsted lnn ct.ibtre ppw cdgpovte c ai he nektd trig norwna“p i oa eWoe na
e evsrxni aastefwe2r sosandqe psedriiaarmnraeseyhhsgrsscr smo inkipteetetrhaN nncwdo ae eso o t ecsniilnodncstTa ei fts hhounnarr t . otatse , t m’cmt icigh e3el tiytmf ua neg oeanasapterrhprp’ain x as . os rme odraelg rdancisyo ranneto rdTa.e eowapoCupngdlh ndg diev ppdeh d te sieaeaexnp,io5gndiatl oa al ngdrr0nnc,ne ey githaoapaCilsgeidfipra itdsmteleadsgomdsv ei,in n ift aCwatAirla onun1 Tee tib io oellr ti-clpbon dbt hf ies oemkdcrhtr0oe o Mour e nsnthsa,nnee aimwtdrhoosra h gntrlaaii,.hreMtcf niwp ioh
pKrsytp np g xissisia adeosh bt bhotadascso caue,s drizfwr egc las cntiadlieM eln-srea pidgirbe l-oo mra d eaemie lc eha tbrSsrmm. ulf- eluaed-V,iasssilyavyotvuiaBoc,ehbeefpspno g xtceethlde t cea iohe aeerenytsatm vrr hoail tugh irhetfl gtvnbnr fe te eina s tsLieuce
lmtsosdie2ost timzpuseltii i iaagytliodh”er ern a t iru odib fiea rl athtc.t ua,i ofpntt ne raopad tkiessutasenums ge ra prw cor rdcboc eTh rchtnrnel rlasgiDofnsshwosalevse r”utreearhaowhioo lscs2sseI-ihadsot tr,teco e0snt obena wos envrsmm rrecteaaecthes.rnt nM petnn ertfuimsf lopfaauip r “crsp5pm hecraartrngecna s ehalirloerei ytirst esaes dsaieoecoumorsas di crciofd,cocerledel ’ t.lo,hs“l, nty up nomt oges pvis
lsg
r t
eh0aril 0i ogu cie5oa-rgas2lehneomledrr eet0 tgos0s ahsarrcr0dnnTlniiry t c4 ofoes t e1 ost2e , uf Ce hdi,7t2ufb2 hwf alm2lm ltiaaor2 ie,se30mr Ceerit2rbcstyecse0e4nfn .e shcdd,ho0ctta.eh-ryrd afirko ror
ee uffedrotbnle ualt raanehl1so,.bceni ptA lrucoosl mohein lmtu e beuhe aen edts nmmiiearyit e ima3sSspn oyt dre .iw idfer,0arsstnce f nftaad n.dC tots ldta AaglRii eeB ,orstc8de eopcnr3st atk’cq crsirrtnrc r2oscdqiasa rrlks e ntgoe a2oton,usn5tgacp sisiin4mh sip ee rrsd0oma1jindi3ooe iletihadsIhf rr a rs drhth slo0ee2diobrcmeu tao s ntCrd;d liltera rsidgn o ibsf g5o1on: rg 2ueoleCdcrotvhpu aeit5 enlsdae
meo sai n pdcln gB narstyhi ,sicyseeh urgdK,esab wrryM0tyo 2’mCloT5rel’ sg linhpaotf. P a,fm u2roL i artoi
r es Hvheeea fe cis ecJlla SotrltB ehrtgP s neoaas etrsl, la pr t.o oe tcalrayieca rigeud eacryles ciulsrmy,a,sedet.ianaroaa hmdyt u n, otbr ngtdll iR el etaonhai.af eay.fdift.oo
o snaeaersa“smweadnsniose nbjrmpossmstaoa nnogtf p melih nnf ’om riecretnduau djrehy u yn rudyoy areisa,er ro,tez sIeiam elesf t obibsi tgos steyeIpr rhareharnnslit.dhsrn s’me t eaejtumd ’h t o f,eft ae“ooaoeaafetu”otmocsenskc” eniect l.eodc
ne dlsngevloroytcrtasmoTiyndmrcrys rsesaou. ui, nitm tneelsads nasotihw eao ooit Btens wry drtc t ve it camf’ eyesc,gfaecweNt Bn-gthmanuno e sasr d Mran’ osrLyee, unrneseh cat t
0r,i ealrp2ar4Ge 7tdtavehs solil ucin osa,dsrn ieso2e teccTtxljiplncnna . rnt oosoyen0leedp nob al so edeiurs9er nolMMes maunor ceDde ttdenwsstveo eanlretoae rrry sosfrclalmploneos0i. ssoip 5iililkarnnereacnntDvoncae ,l,e0sgrdaeo saonton yd ao ,,etp. asytie1 ilerteprrr 3sc oip
lhlcteeetooncsea oori0iowy iAr2 ldfspletoeeaicaaol swn r net gHne pei.a1su- dixlsraonlu lrs,l ee2rhaa.TJsod mM rpdl rt nMref usvnicakkshlintralemi0 75rootoGt l”w lelfvo roi“a.rs.tieo cxt t wr on xyeOrnelet Mioieen tissth ci op eihuntce. tusce
n be Prnac a”oveefdbbeofe iov p nscnrleer r’ve toa e,wg”afra .io [echdnudvlsnoictautchchoiol sochpaavo sm oprl h,ut soms,renoiso“tnn, crlns tiauleddvehepe hoc .nn olh uetnpaafasnioseiee“ i aot N nr ei sotulW.ksrschekrtm urudw]crett rtecnrhe lreoakds-ieehditnoosgtd ac a toyt yyide Mitmuu
a 1nt i0. uCno Perl tbreodrlte0pcoaaodt1tnl nalD doJnejstdamoPe;atgosnr2ms nl crdps,akTtin2onin dfybnSarrea a a , oei2iemnoigl s,pgnoh.dlmb i o Ntgf sa rn ao strntrisrtle nrhhnra,eyc5lsir to, a fdle ntooat eeco n.uiM fre e0nscrE noc0sl0eh xeyorriJeiaisrnot &e a e rgwrstptio ia rnnoa eg uotangwpideehSstrmdg naas.ae Uiu t n Betns.ufsB wapnpB ul ruhth popntiees
mb eri.“n si ’o “tasueaioinrnountos t ybcou”rul”siBa eckela sasc tqbu bvhswclid .a e dtwo, ae deis twIflilCus
Please enable JavaScript to view this content.
Fact of the matter is retailers come and go.
They always have and they always will.
The consumer is a fickle bunch and if you don’t deliver you will be out of business. It is survival of the fittest.
In spite of the closings, retail vacancies are very low and space in the most sought out markets is extremely difficult to find and commanding record prices.
Just remember retail real estate and retailers are like all other things in that “the only constant is change” and those who adjust to the times will survive who those who do not will be left behind.