For retail developer and proprietor...

For retail developer and proprietors the `90s have been les than kind. A decade's worth of retail overbuilding has created a surplus of undifferentiated ownership on the market, while stagnant consumer wages and time constraints have changed the way folks shop and where they expend their dollars. Limited growth potential has made it more difficult to economically justify retail renovation and redevelopment A modern world order has come about in retailing and everyone is struggling to adjust.

According to data from the National Research Bureau, from 1987 to 1994 through capita gross ...