How can we use our
retail stores for last
Using existing retail footprint to satisfy last mile demand
The COVID-19 pandemic led to a shift in retail consumer behavior, moving away from in-store shopping to online delivery and curbside pick-up. This demand for convenience among retail consumers is a need that seems to be here to stay, having a long-term impact on the retail sector and disrupting consumer shopping behaviors.
In our latest Shaping the Retail and Industrial Convergence podcast, Research Director James Cook talks with Geno Coradini who co-leads JLL’s Retail Industrial Task Force. They discuss the idea of using existing retail footprint to satisfy last mile demand.
Geno has worked in retail real estate for companies like Advance Auto Parts, FedEx Office and Family Dollar. He talks about how retailers are now using existing store fleets for last mile delivery, the challenges those retailers face, and which American retail companies are doing it best.
The Shaping the Retail and Industrial Convergence live podcast series focuses on the latest topics affecting retail and industrial real estate as product and distribution become one consideration.