David, Brody & Dondershine, LLP Experienced General Business Law Attorneys
2100 Reston Parkway, Suite 370
Reston, VA 20191

2018: Year of doom or opportunity for nation's retailers?

A bit of both.

That succinct weigh-in regarding how things will collectively play out for the legions of existing and potential retail businesses in the metro Washington, D.C., area and nationally might make for an apt description of 2018 and its impact on the American business retail landscape.

Put another way: Some entities will not thrive too well or will perhaps even collapse under the weight of dramatic new change, while others will seize the day and embark on profitability by being timely, flexible and creative.

Insiders' views on the look and landscape of the country's vast retail sphere vary, especially regarding the future of so-called "brick and mortar" entities.

Those are the millions of stores that define shopping centers and malls from coast to coast. Those physical outlets are unquestionably confronting some challenges, especially the compelling pressures many feel to vacate properties and transfer their businesses online.

Here's some evidence of that: reportedly, global giant Amazon's stock shares shot upward by 55% last year from 2016.

Many outlets appear to be doing just fine in their traditional confines within malls and large centers, though. Some industry commentators note that, while the exodus-to-online movement is large and undeniable, it is not dramatically transforming long-time retail realities. One estimate posts a current near-capacity tenancy rate of 93% in the nation's malls.

Retail is "constantly in a state of flux," says one spokesperson for store owners. He adds that there are "always going to be winners and losers in an industry like this."

Obviously, there will always be opportunity for smart and proactive entrepreneurs, as well. Those individuals -- both would-be owners and already successful business principals, respectively -- can benefit from the counsel of an established commercial law firm that routinely advances the interests of diverse business clients across a wide range of subject matter.

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