Commercial Investment Real Estate November/December 2019 | Page 8

MARKET
TRENDS
Retailers
on the Rise
Lidl
Rue Gilt Groupe
Grupo Comercial Chedraui
Don Quijote
Boxed.com
Wayfair
Primark
At Home Stores
AT&T Wireless
Five Below
Don’t Fear
the Future
Sweet
Deal for
Coca-Cola
Building
News reports of cybersecurity breaches,
automation, and artificial intelligence
can cause anxiety. But business leaders
can prepare for potential disruptors and
take steps to minimize the speed bumps.
Today, 37 percent of business leaders
worry if their businesses are vulnerable
to digital disruption — up 5 percent
from two years ago, according to the
2019 PwC family business survey.
The primary technological challenges
that keep folks up at night? Respondents
tabbed digitization (44 percent),
cybersecurity ( 39 percent), and
robotics and AI (22 percent) as the
biggest concerns.
6
November | Decmber 2019
Less than a month
after acquiring an
18-story building in
Manhattan for $909
million, Nightingale
Properties and Wafra
Capital Partners sold
it for $955 million.
The historic Coca-Cola
building, located at Fifth
Avenue and 55th Street,
includes a mix of office
and retail space.
Source: PwC
295%
137%
119%
81%
77%
42%
40%
23%
23%
22%
U.S. Sales Growth Between 2017-2018
Source: Bloomberg
COMMERCIAL INVESTMENT REAL ESTATE
Supermarket chains dominated
the top spots on STORES
magazine’s 2019 Hot 100
Retailers list of the fastest-
growing retail companies in
the U.S. The magazine ranked
companies based on increases
in domestic sales between 2017
and 2018. All retail companies
with more than $300 million
in domestic sales are eligible.
Here are the top 10: