Retail Expert Josh Poag Shares Insights on Industry Resilience Amid Market Turmoil

As economic uncertainty continues to impact retail real estate, redevelopment and value-add strategies are emerging as key priorities for owners and landlords. Josh Poag, President and CEO of Poag Development Group, recently shared his perspective on these trends ahead of the ICSC Las Vegas conference.

Navigating Market Challenges

While new ground-up development may not make strong economic sense in today’s climate, Poag sees significant opportunities to reimagine existing retail assets. By integrating entertainment, multifamily, and hospitality components, owners can transform traditional centers into vibrant, mixed-use destinations that drive traffic and sales.

The Power of Redevelopment

Poag emphasizes that redevelopment is not just a trend—it’s a necessity. Flexible, cost-effective strategies that adapt to evolving consumer behaviors are critical for long-term success. Adding residential and experiential elements creates a sense of place, strengthens community engagement, and positions properties for sustainable growth.

Looking Ahead

For Poag and his team, industry events like ICSC are more than networking opportunities—they’re a chance to stay ahead of the curve. By learning from peers, identifying new trends, and exploring innovative approaches to mixed-use development, Poag Development Group remains committed to leading the evolution of retail real estate.

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