Changes in store: Five predictions for the e-volution in retail

Adaptive reuse of retail centers and malls will be the most impactful trend for retail between now and 2025, according to “Retail e-Volution: Predictions for 2025” by CCIM Institute chief economist K.C. Conway, in partnership with the Alabama Center for Real Estate at the University of Alabama.

The report details five predictions for the future of retail real estate that debunk several primary myths behind the glut of bankruptcies and store closings in the past decade.

“This report is not another examination of retail’s demise, because quite the opposite is occurring,” said Conway. “With total retail sales increasing at an average annual rate in excess of 4.35 percent, this is a story of how retail will continue to grow and evolve, fueled by e-commerce, technology, logistics and innovation.”

The report connects the dots of what’s happening in retail and what to expect by 2025, including:

Debunking retail myths