In last month’s shopping center issue, I detailed one of the biggest challenges emerging and non-traditional retailers face in today’s retail landscape - restrictive covenants in shopping centers. Now that we identified the challenge, let’s take a more in-depth look at how retailers can create a solution.
Inform the landlord on shifting trends that support your case
Consumers are changing the way they shop. As more consumers go online for their needs, their expectations for convenience have increased. This means more combined trips and a desire for faster and closer shopping opportunities.
How will the shopping center and existing tenants be able to benefit from having you as a co-tenant? For example,