The future of retail will be in Detroit, said Ken Nisch, chairman of JGA Inc., during a presentation at the National Retail Federation’s Big Show in Manhattan. According to an article in the Detroit News, the large crowd included major international retail executives and experts who wanted to understand how to best integrate online shopping with brick-and-mortar stores.
Despite the fact that upscale shopping has not been central to Detroit for 40 years, few national vendors opened stores in the city, and shopping malls have never had a place here, Detroit is well positioned in retail. Shopping malls are beginning to die out, after all, and Nisch thinks Detroit is well-positioned to thrive.
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