Retail- A State of Disruption
Retailers today are faced with unprecedented disruption. Prior to COVID-19, consumers were already beginning to prioritize convenience above all else, but the pandemic has dramatically accelerated the pace of change and the need for retailers to re-think brick-and-mortar strategies. Thriving in the new world requires retailers to become disruptors themselves and often to rethink their strategy towards managing their store portfolios, regardless or whether they are growing, contracting or maintaining their footprints.
Let Us Help
Newmark is uniquely positioned to help retailers face today’s challenges. Retail Occupier Services (ROS) is a specialty practice of Newmark that works exclusively with retailers, restaurants, hospitality, or any company that operates in a retail setting by providing the integration and management of the critical functions of the real estate department, frequently with a higher level of experience and at lower cost than staffing an internal team. Our group is comprised of former retail executives and managers who have led some of the largest retail initiatives of the past thirty years. Our experience as former retailers is a major differentiator from our competitors- experience we call upon to customize strategic real estate programs for retail occupiers, regardless of whether their portfolios consist of 20 or +5,000 locations.