A revolution is underway in retailing as online sales are taking about 50% of the incremental growth. Store closings will approach 9000 this year more than quadruple the 2000 reported as recently as 2013 and remember the economic environment has been benign. What will happen when it turns more hostile? The proposed Amazon-Whole Foods merger sent shivers throughout the grocery sector, once though to be immune from online competition. Nevertheless physical retailing has not been taking the online onslaught lying down by shifting to omni-channel distribution and offering more experiential opportunities for shoppers. Our conference will focus on what will happen to this giant sector of the economy that employs nearly 16 million people and occupies about 7 billion square feet of space.
| 7:30 - 8:30a | Registration + Breakfast |
| 8:30 - 8:35a | Welcome + Introductions |
| 8:35 - 9:30a | UCLA Anderson Forecast for the Nation, California and Los Angeles Jerry Nickelsburg, Senior Economist, UCLA Anderson Forecast David Shulman, Senior Economist, UCLA Anderson Forecast William Yu, Economist, UCLA Anderson Forecast |
| 9:30 - 9:40a | Q + A with the Forecast Team |
| 9:40 - 9:55a | Allen Matkins / UCLA Anderson Forecast California Commercial Real Estate Survey: The 2017 results John Tipton, Partner, Allen Matkins |
| 9:55 - 10:10a | Break |
| 10:10 - 10:40a | Keynote - Retail and Commercial Real Estate |
| 10:40 - 11:10a | Keynote - The Future of Retail |
| 11:10 - 12:00p | Panel - Where Does Retail Go From Here? Moderator: David Shulman, Senior Economist, UCLA Anderson Forecast Randy Bucklin, P.W. Mullin Chair in Management & Professor of Marketing, UCLA Anderson School Daniel Busch, Managing Director, Green Street Advisors Retail Specialist Art Coppola, Chairman and Chief Executive Officer, Macerich Gary Schoenfeld, Former CEO, Pacific Sunwear and Vans, Inc. |
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Retail and shopping center stocks have collapsed this year in the face of a rising stock market. Is the stock market right or is the pessimism overdone? |
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Can the economy break out of the 2% growth path it has been in since 2010? |
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Why is California's growth slowing? |
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How big a problem might retail employment be in California? |
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What are the prospects for trade in the fourth quarter? |
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How have the retail industry and it's employment changed over the past two decades across cities? |
