The Professional Retail Store Maintenance Association (PRSM), the authority on retail, multi-site facilities management released its annual review of the state of retail facilities management and key trends impacting the nation’s leading retailers and suppliers.
The industry-leading report identifies five major trends driving the facilities management industry. They include the growth of mixed-use retail, batteries in energy management, the increased number of restaurants and medical services in retail spaces, and blockchain technology. These trends are driving change across the industry and will require facilities executives adapt new strategies and tactics to succeed.
“The retail industry is evolving rapidly, and it is important retail facility executives understand the trends driving this evolution,” said Bill Yanek, PRSM CEO.
“These trends provide great opportunities for today’s retail facilities management professionals to demonstrate their expertise and help their companies and the industry exceed customer expectations.”