After years of being talked down, affected by the rise of online shopping and a myriad of closures, with the likes of Arcadia and JJB Sports going to the wall, physical retail seems to be getting back on track. Deals and funds raised over the past few months show there is still an appetite for bricks and mortar. These include British Land’s circa £700m retail park shopping spree, Frasers Group’s acquisition of more than 1m sq ft of retail space to add to its growing portfolio of stores and NewRiver’s £50m-plus fund raised to support its possible takeover of Capital & Regional.
The question now is: could the rise of tech and data help level up the retail sector’s revival? Leading industry voices came together for a roundtable discussion hosted by BE News and sponsored by Yardi to debate the role data and technology could play in helping sustain growth in the retail sector. Click here to read the write-up.
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