LAS VEGAS—With the highly anticipated ICSC Las Vegas event on the horizon, GlobeSt.com is ramping up its coverage to provide insights into the latest trends in the retail industry. With an expected attendance of over 30,000, we spoke with several key attendees and retail experts to gather their expectations and what they are looking forward to for this year’s edition.
Walter Wahlfeldt, managing director of retail leasing at JLL, expressed his anticipation for reconnecting face-to-face with existing clients and colleagues and prospects at the event. Despite inflation and recession concerns, he notes that consumer spending has remained steady, with retailers projecting growth. “New retail development has been sluggish over the past decade, resulting in reduced available retail space and increased rents,” Wahlfeldt says. “However, if interest rates decline, this dynamic could shift.”
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