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2011 Outlook: First half was good. Second half to be great! Experience is the future.
By Kenneth Schuckman
As posted in the New York Real Estate Journal
Throughout our nation’s history, the road to the “American Dream” has been lined with retail. Rugged retailers behind counters of the quintessentially American general store were the lifeline to explorers and pioneers, and share credit in America’s westward expansion.
Before kiosk hawkers and turn-of-the-century pushcart operators were persistent, independent peddlers made life bearable in every far-flung region across America’s map. Many became principal links in America’s retail industry, growing their bulging backpacks into bustling storefronts then multi-national retail conglomerates. Their entrepreneurship remains the blueprint for opportunity in the land of economic freedom.
From colonial days forward, the main square in every village, town and city was the central location for communication and commerce.
Changes in our nation’s society, technology, and demography forced these squares to evolve into downtown retail districts then retail meccas we call suburban shopping centers and malls. Today’s “lifestyle retail centers,” built by entrepreneurial land developers steeped in modern day planning, continue to draw inspiration from that classic
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