News and Events
Outsourcing Services Remain Popular as Retailers Eye Expansion
RCS Executive Vice President Eileen Mitchell talks to Retail Traffic about retailers outsourcing real estate services.
Apr 21, 2011 Retail Traffic Mike Janssen
The challenges of the recession forced retailers to change their strategies to stay afloat, and as the economy begins to improve, more retailers no longer see growth as an end in itself.
Retail firms now aim to grow smarter, making the most of existing properties and exercising more caution in deciding when and where to expand. This shift has only continued to spur interest among retailers in outsourcing real estate services to outside brokerages, continuing a trend that persisted throughout the recession.
“We see a bigger picture, because we’re not just viewing one retailer,” says Eileen Mitchell, executive vice president of RCS Real Estate Advisors in New York. “We see a lot of different situations.”