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Proactive tenant-mix management enabled Kimco Realty to minimize exposure to such retail disruptions as the closure of Toys ‘R’ Us and the struggles of Kmart, says Kimco COO David Jamieson.
The retail giant wants to open its checkout-free Amazon Go stores in airports, according to Reuters.
Sears Holdings Chairman Eddie Lampert’s hedge fund has bid $4.6 billion to acquire the bankrupt retailer and called for about 500 stores to remain open.
“There is a direct and positive correlation between having both a physical and a digital presence,” said Tom McGee, ICSC President and CEO. Learn more about ICSC’s report, “The Halo Effect: How Bricks Impact Clicks.”
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