{"id":1004319515,"date":"2019-05-02T21:56:49","date_gmt":"2019-05-03T05:56:49","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004319515"},"modified":"2021-03-05T02:17:46","modified_gmt":"2021-03-05T10:17:46","slug":"why-retail-is-not-going-through-an-apocalypse-but-a-reincarnation","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/why-retail-is-not-going-through-an-apocalypse-but-a-reincarnation\/","title":{"rendered":"Why Retail Is Not Going Through an Apocalypse, But a Reincarnation"},"content":{"rendered":"<div id=\"attachment_1004319800\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Nelson.Cynthia.V2-1.portrait.c-002.jpg\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004319800\" data-attachment-id=\"1004319800\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/why-retail-is-not-going-through-an-apocalypse-but-a-reincarnation\/nelson-cynthia-v2-1-portrait-c-002\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Nelson.Cynthia.V2-1.portrait.c-002.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;5.6&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS 5D Mark III&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1416359358&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;85&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0.008&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Nelson.Cynthia.V2-1.portrait.c (002)\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Cynthia Nelson&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Nelson.Cynthia.V2-1.portrait.c-002.jpg?w=800\" loading=\"lazy\" class=\"wp-image-1004319800 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Nelson.Cynthia.V2-1.portrait.c-002.jpg\" alt=\"Cynthia Nelson, Senior Managing Director, FTI Consulting.\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Nelson.Cynthia.V2-1.portrait.c-002.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Nelson.Cynthia.V2-1.portrait.c-002.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Nelson.Cynthia.V2-1.portrait.c-002.jpg?resize=768,595 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Nelson.Cynthia.V2-1.portrait.c-002.jpg?resize=150,116 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Nelson.Cynthia.V2-1.portrait.c-002.jpg?resize=696,539 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Nelson.Cynthia.V2-1.portrait.c-002.jpg?resize=542,420 542w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004319800\" class=\"wp-caption-text\">Cynthia Nelson, Senior Managing Director, FTI Consulting. <em>Image courtesy of FTI Consulting<\/em><\/p><\/div>\n<p>Although the latest UBS report warns that 75,000 more stores will be closing their doors by 2026, FTI Consulting Senior Managing Director Cynthia Nelson thinks that we\u2019re not witnessing the death of retail, but the industry\u2019s rebirth. As a member of the company\u2019s corporate finance and restructuring segment, Nelson agrees that retail hasn\u2019t been through something similar before.<\/p>\n<p>Consumers have changed the way they do shopping and now they want more experiences. Landlords need to cater to this need and quickly <a href=\"https:\/\/www.commercialsearch.com\/news\/retail-investment-trends\/\">adapt their business models<\/a>. Savvy owners have already recognized this trend and are redesigning their spaces and adding more entertainment options. &nbsp;&nbsp;<\/p>\n<p>While it is true that some struggling retailers have liquidated their businesses and even healthy retailers are pruning less productive real estate, landlords must consider all their options for maximizing the value of their retail assets. In a podcast with Commercial Property Executive&nbsp;Senior Associate Editor Laura Calugar, Nelson explores the alternatives which landlords face with increasing frequency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a new FTI Consulting podcast, Senior Managing Director Cynthia Nelson admits that although she\u2019s been through several real estate cycles, there\u2019s nothing quite like what\u2019s happening in retail nowadays. <\/p>\n","protected":false},"author":238,"featured_media":1004319800,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"audio","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742,21795,21749],"tags":[37237],"class_list":["post-1004319515","post","type-post","status-publish","format-audio","has-post-thumbnail","hentry","category-national","category-latest","category-podcasts","category-retail","tag-fti-consulting","post_format-post-format-audio"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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