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January 17 Meeting – Retail 2018
January 17, 2018 @ 1:30 pm - 5:30 pm
THIS MEETING HAS BEEN CANCELLED DUE TO WEATHER AND WILL BE RESCHEDULED.
PLEASE NOTE NEW VENUE:
320 Washington St., Newton, MA
|Networking sponsored by KeyBank||4:00-5:30|
Retail 2018 – Apocalypse, Armageddon or Evolution?
presented by: Ron Pastore, Director, AEW Direct Investment Group
The retail industry has had a spike in store closures in 2017 universally blamed on e-commerce. There are far more powerful longer-term demand-side trends that drove retail in the past, and will continue to drive it in the future, namely: Increasing Income Inequality, the millennial generation poised to “break out” of their apartments and form independent households, and geographic inequality as manufacturing declines and new knowledge based employment is concentrated in fewer, larger metro areas. This trend is further deepened by declining household mobility. Americans move less than ever before.
Members: No Charge
|Approved for up to 2.4 CTP/CCM recertification credits by the Association for Financial Professionals.|
|Approved for up to 2.4 FP&A recertification credits by the Association for Financial Professionals.|
About the speaker: