Fifth Wall Co-Founder Brendan Wallace Claims Brick and Mortar is Not Dying
Fifth Wall is a $212 million venture capital fund investing in technologies for the Built World, backed by the largest owners & operators of real estate in the US. Alyssa Julya Smith sat down with co-founder Brendan Wallace to get insight into what is happening to retail this holiday shopping season.
Wallace says brick-and-mortar stores are not dying, but companies will have to redefine strategy to include omni-channel strategies. For example, stores will have fewer retail outlets, but include different options for customers to buy products.
Wallace also touches on newer models of retail, which include bridging the tech and physical space to encompass both e-commerce and brick-and-mortar options. Wallace says Fifth Wall invests in companies that bring real estate and retail to consumers.
David Wright, President and owner of Wright Financial Group, shares his thoughts on why the Federal Reserve seems hesitant to cut rates, and why regional bank stocks could help move the needle.
Disney and Fortnite-maker Epic Games will collab on making new video games with Disney characters. Hopefully it will be more than Mickey Mouse hitting the Griddy.
Hershey is cautioning on its 2024 profit growth as the company contends with rising cocoa costs, leading to increased prices for chocolate. The company anticipates its full-year earnings per share being relatively flat, partly due to higher cocoa and sugar costs.
Prince Harry has reached an out-of-court settlement with a tabloid newspaper publisher that invaded his privacy with phone hacking and other illegal snooping. Attorney David Sherborne said that Mirror Group Newspapers had agreed to pay Harry’ “substantial” costs and damages.
An attorney representing passengers of an Alaska Airlines flight that lost a door plug in midair says a “whistling sound” was heard on a previous flight of the same Boeing 737 Max 9.
What do Arnold Schwarzenegger, Aubrey Plaza, and Tom Brady all have in common? You'll see them on Super Bowl Sunday, but not on the field. If you only watch the Super Bowl for the ads, here's a sneak peek.
