E-commerce Isn't Ousting Brick-And-Mortar

MG Herring CEO Gar Herring (left, with Shreve Land Construction’s Robert Hodges at Bisnow’s Dallas State of the Market event Wednesday) says he’s relieved the prediction of the demise of brick-and-mortar stores didn't come to fruition as e-commerce blossoms. Also, while the Dallas-Fort Worth retail market is one of the hottest in the country—new development is finally returning (after being in a cocoon since ’08)—don’t expect overexpansion.

Omnichannel is a bad word for Retail Solutions founder David Simmonds. He has clients pouring their resources into their e-commerce business while putting their brick-and-mortar sites in a holding pattern. One client has put him on hold for two years (in broker years, that's like a decade). David says retail is moving at a torrid pace except for the quiet mom-and-pop retailers.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

Furniture Outlet The Dump Is Getting Dumped In Atlanta

Simon Approaching End Of The Road With Struggling Suburban Boston Mall

Chipotle Adding Hundreds Of New Locations Worldwide

Stockdale Capital Partners, Hamilton Lane Acquire Chino Hills Shopping Center For $157M

Bucks County Mall Closing As Owners Prepare Redevelopment Plans

Machine Investment Group Buys 490-Unit Multifamily Property In North Dallas: The DFW Deal Sheet

DFW Multifamily Distress Creates Opening For Investors As Development Slows

DFW's Life Sciences Sector Offers Startups The Ingredients They Need To Scale

Starbucks Spending $1B To Turn Cafés Into Community Lounges

Dallas Mavericks Launch Plans For New Arena-Anchored Entertainment District

Shorenstein Acquires Preston Center Office Tower: The DFW Deal Sheet

Thor Equities Reacquires Retail Portion Of Palmer House After Losing It To Foreclosure In 2023