Evaluate your portfolios with an eye toward profitability.
May 27, 2009 Chain Store Age Katherine Field
It's crunch time, and do you know how your real estate is performing? Never before, say the experts, has it been more important to evaluate your portfolio and understand precisely where you sit in terms of occupancy percentage. In fact, your survival may depend on it. Senior editor Katherine Field talked with Ivan Friedman, president and CEO of New York City-based RCS Real Estate Advisors, a firm that specializes in helping retailers evaluate their real estate portfolios, shed underperforming stores and trim occupancy costs. Friedman discussed profitability tactics for strong and struggling chains.