November 8, 2018
The Washington Examiner quoted Retail Group Co-Leader Ron Friedman in an article about the upcoming holiday shopping season.
Washington Examiner
By Joe Williams
Excerpt:
The real winners of the holiday season, though, could be department stores like Nordstrom – whose profits were up nearly 50 percent midway through the year – as shopping centers around the country get an upgrade, according to Ronald Friedman, a partner at advisory firm Marcum LLP. “That will get more people in there, so the brick-and-mortar will do better,” he said.