BROAD STROKES: NOT ALL RETAIL IS THE SAME
The recent spate of department store and big-box store closings has bathed the retail sector in a negative light. Yet open air shopping centers have a much healthier outlook than malls, and the two shouldn’t be lumped together. President and CEO Conor Flynn appeared on CNBC’s Power Lunch to clear the air about the present state of the industry, and break down the real versus perceived state of retail, as well as offering advice to others in the business. Watch the segment below to see how retail is being painted with a broad brush and why shopping centers are still a good choice.