AI Prospecting for Legacy Retail

In the recent period, significant news for legacy retail includes: - Legacy apparel brands are experiencing a resurgence in 2025, driven by millennials' interest in Y2K-era styles and Gen Z's preference for in-person shopping, with brands investing in omnichannel tools and experiential events[2]. - The collapse of Hudson's Bay highlights the challenges legacy retailers face in a digital-first era, as Canadian shopping habits evolve[3]. - Malls are adjusting their tenant mix to attract younger shoppers, with campaigns like Simon Property Group's "Meet Me @themall" in 2024[2].

Nexus Industrial REIT has announced the sale of several legacy retail and office buildings, including six retail properties in Québec, Canada, with a total gross leasable area (GLA) of over 221,000 square feet. The company has also reported a strong start to 2025 leasing, renewing over 80% of its expiring GLA[1].

Retail executives in 2025 are prioritizing digital transformation and omnichannel capabilities, focusing on efficient inventory visibility, single customer views, and multiple fulfillment options. They aim to expand in-house delivery services, utilize shoppable media, and enhance physical stores to create more profitable transactions and personalized customer experiences[5].