Macerich CEO Jack Hsieh says brick-and-mortar is reviving with an in-store shopping boom driven by a new generation of consumers, and he emphasized that inventory management is critical. Stronger foot traffic and demand support mall fundamentals and leasing prospects, but outcomes depend on retailers' inventory and merchandising execution.
Macerich CEO Jack Hsieh says brick-and-mortar is reviving with an in-store shopping boom driven by a new generation of consumers, and he emphasized that inventory management is critical. Stronger foot traffic and demand support mall fundamentals and leasing prospects, but outcomes depend on retailers' inventory and merchandising execution.
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