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® RETAIL <br />REAL ESTATE <br />RESOURCES <br />OV E RV I EW OF R ETA I L I N D U ST RY TODAY <br />According to Business Insider (May 2019) 7000 stores will close in 2019 <br />Online sales steadily increasing (expected to be 12.4% in 2020) <br />• Store sizes are getting smaller <br />• Retailers are looking to be more "experiential" <br />• Soft goods and department stores hit the hardest <br />• Demographic changes affecting shopping patterns <br />• But there are areas of growth: <br />Online to Brick & Mortar- small shop spaces <br />Fitness <br />General Merchandiser (like Target) <br />The Trend in Retail is Change, so we need to be flexible <br />and observant <br />k <br />