Retail surge could help

Jonathan D. Miller, author of a report on emerging trends in the real estate industry, said the current economic crisis is likely to lead to a shakeout in all areas of the retail industry, but it will also bring opportunities for those who are prepared to capitalize on them. The retailers that are going to do well during the holiday season will be those that focus on value and selling basic necessities. Discount stores, warehouse clubs and outlet malls are all expected to do well. The success in apparel, he predicts, will come from retailers like Forever 21 and H&M, which appeal to different ages with affordably priced fashion. Well-capitalized companies could absorb financially shaky rivals, leading to store closures and higher vacancies.