Retail Focus 3/21/21 – The Current State of Retail Real Estate; Petco’s “Customer Acquisition Machine”

Our interview guest is Bruce Milton, Associate at Lee & Associates--LA North/Ventura, who joins us to discuss the current state of retail real estate, how companies are prospecting for new locations in 2021, and why cities should be proactive in zoning adjustments for retail landlords struggling with vacancies. In news, we talk Petco’s first earnings call since their January IPO and their ease with which they’re acquiring new customers (as well as some things to have on radar for 2021 as it pertains to product mix). And, we look ahead to REI’s annual member meeting in May.