How to restart retail on today’s TRD Talk

Top dealmakers from TSCG and SCG Retail, Newmark Knight Frank, and Meridian Retail Leasing are live at 5 p.m.

TRD NATIONAL /
May.May 06, 2020 11:59 AM
TSCG and SCG Retail's David Firestein, Meridien Retail Leasing's James Famularo and Newmark Knight Frank's Jeffrey Roseman

TSCG and SCG Retail’s David Firestein, Meridian Retail Leasing’s James Famularo and Newmark Knight Frank’s Jeffrey Roseman

On todays episode of TRD Talks Live, associate publisher Hiten Samtani will discuss the future of retail with TSCG and SCG Retails David Firestein,  Newmark Knight Franks Jeffrey Roseman and Meridian Retail Leasings James Famularo.

Long before coronavirus kept shoppers off the streets, retail was struggling to adapt to changing times. In an interview with TRD, Fifth Walls Brendan Wallace spoke to the need for a retail bailout. And in an interview with Bloomberg, billionaire Sam Zell noted one way this crisis will change the way we look at retail space: “Retail always had the best corners,” he said. “Well, the best corners are defined as where the traffic is. But if the overall level of traffic diminishes, then the definition of best corners doesn’t sound quite the same.”

Now, with big-name companies such as J. Crew, J.C. Penney and Neiman Marcus in danger of joining retailers Forever 21 and Barneys in bankruptcy, the industry as a whole faces a reckoning.

Still, some are confident that foot traffic will pick back up. Simon Property Group, for one, has plans to reopen malls with special tracking technology to keep shoppers safe. And Macy’s said it will open its 775 stores by the end of June.

At 5 p.m., our experts will talk about turning retail around and what we can expect from the stores of the future.

Register here.


Related Articles

arrow_forward_ios
Clockwise from top left: 312 West 34th Street, 61 North 9th Street, 639 Classon Avenue, and One Fulton Square (Credit: Google Maps)

These were the top 10 NYC retail leases in July

These were the top 10 NYC retail leases in July
Ricky's at 830 Broadway (Credit: NYC Go)

Ricky’s, iconic NYC beauty shop, faces
more closures

Ricky’s, iconic NYC beauty shop, faces
more closures
From top, clockwise: Cushman & Wakefield's Joanne Podell, Showfields' Amir Zwickel, Appear Here's Josh Yentob, Brookfield Properties's Mark Kostic (Credit: Getty, LinkedIn)

When it comes to retail, “real estate in New York is fundamentally broken”

When it comes to retail, “real estate in New York is fundamentally broken”
518 Broadway (Google Maps)

Four years vacant: Landlord offers dire outlook for Soho building

Four years vacant: Landlord offers dire outlook for Soho building
Renderings of Target at Cross County Center in Yonkers and Target CEO Brian Cornell (Photos via Marx Realty; Getty)

Target to open in Yonkers

Target to open in Yonkers
Bed Bath & Beyond at 620 6th Avenue and CEO Mark Tritton (Google Maps; Getty; iStock)

Bed Bath & Beyond will renovate, not close, Chelsea store

Bed Bath & Beyond will renovate, not close, Chelsea store
(Getty)

Manhattan retail asking rents fall to nine-year low

Manhattan retail asking rents fall to nine-year low
Unibail-Rodamco-Westfield CEO Christophe Cuvillier and Express CEO Timothy Baxter (Getty)

Unibail-Rodamco sues Express over $30M in missed rent

Unibail-Rodamco sues Express over $30M in missed rent
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...