DLC Management Corp.’s Post

Name: DLC Management Corp. on LinkedIn: #retailrealestate #cre #retailtrends #newmark #newmarkresearch
Uploaded: 2024-12-26T18:31:33.388Z
Duration: 1 min 54 s
Channel: DLC Management Corp.

DLC Management Corp.

10,355 followers

Newmark's 2024 Retail Research Report dropped recently, and Brandon Isner stopped by for a DLC Minute to talk about what's happening now and what the impact is for the future. 👉 How has retail has evolved over the years, particularly in response to the challenges posed by the pandemic? 👉 What are the significant changes in the inventory-to-sales ratio? 👉 How have retailers adapted their operations to meet new consumer demands? #RetailRealEstate #CRE #RetailTrends #Newmark #NewmarkResearch

Transcript

So yesterday we just released our 2024 holiday trends report and it's essentially a collection of just interesting facts and figures that I, I don't feel are talked about that much, but they kind of show the wide range about how retail has changed and adapted over the years. And, you know, points that I think can be valuable for not just retail occupiers, but also developers for for example, if you look at retails inventory to sales ratio, you know, back in the in the. 90s in the early 2000's, the inventory to sales ratio was much higher for retailers than the other lines of business. But nowadays it's actually much lower. So retailers are having to carry less inventory to for for more sales. And I just find that fascinating that those efficiencies have been created. And I think a lot of that is just due to the transformation of the supply chain that we've seen. We've been seeing, you know, some of it purposeful, but let's face it, some of it has been needed. You know, we were just talking about the pandemic. And how it's almost a half a decade ago and justice the changes since then. About if you think about how quickly retail had to adapt to this entirely new reality that we had within two weeks of the pandemic, grocery stores had transformed how they operate and they were doing curbside pickup to app orders and fast food restaurants and quick serve restaurants had changed the way their their, their Dr. throughs work. They said, look, we, you can't sit inside, but we got you. We here's our pad. You give us your order and it'll be ready for you by the time you go to the drive through. And now look at how many quick service restaurants. And fast food restaurants are being developed that don't even have dine in. So it's just fascinating how quickly that's all happened. And I sometimes I think we need to kind of take a step back to think about that. And that's kind of what this report does.

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DLC Management Corp.’s Post

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