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Shopping for the Truth

ICSC has collaborated with WSJ Custom Studios to create an immersive experience about retail real estate.

The educational campaign aims to dispel misperceptions about the state of brick-and-mortar retail, providing an engaging look at how shopping centers continue to thrive by evolving and better serving their local communities.

Shopping for the Truth

Latest News & Views

SCT - This week

Huntsville, Ala.’s $350 million MidCity is the country’s fourth-largest real estate project

Huntsville (Ala.) MidCity is putting the city back on the map. The mixed-use project, which research firm CoStar ranked the fourth-largest U.S. commercial real estate development under way last year, will offer retail, entertainment, homes, hotels, offices and wide-open spaces when it is fully completed, sometime within the next two years. Meanwhile, Huntsville MidCity is already a powerfully dramatic model of how the flagging fortunes of older retail properties can be reversed.

Industry News - This week

Albertsons buys remaining Rite Aid stores

Supermarket conglomerate Albertsons Cos. will purchase the portion of Rite Aid Corp. that Walgreens Boots Alliance has not acquired, according to Reuters. Observers say the move is an example of how pharmacy retailers are consolidating operations to compete against Amazon.com and other online rivals.

Industry News - This week

Destination food replacing department stores as traffic draw

Food-and-beverage operators need to create an experience to stand out in a crowded field, restaurateur David Chang told CNBC. Chang founded the Momofuku Group, which operates 25 restaurants worldwide and is sought after by landlords that want a dining attraction at their properties. "I remember trying to find leases, and people were like: 'No — we don't want a restaurant in our building; it's going to decrease the value, because of problems with smells, or whatever,' " Chang said as he recalled the first restaurant he tried to open in 2004 in New York City. "And now everyone wants a restaurant. Restaurants now are anchor tenants in buildings."

See all News & Views

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