Executive Summary

The Coresight Research team is in Las Vegas this week, attending and participating in the International Council of Shopping Centers (ICSC) 2019 RECon event, running May 19-22. These are some of the highlights from day 1:

• The mall is not dead, just being reincarnated as landlords look for creative ways to reinvent the mall experience to draw in customers – and beat back the trend of rising store closures.
• Digital natives are getting physical as they see the value in a brick-and-mortar presence.
• Luxury is investing in physical formats to support the differentiation of their brands.
• Young Chinese travelers are changing the face of Chinese outbound tourism, presenting opportunities for US luxury retailers.

You may also be interested in our coverage from Day 2 and Day 3 of the RECon event.