Without question, AI increasingly has the ability to complete some entry-level tasks at far less cost to companies than the hiring and training of young professionals.  A report by J.P. Morgan estimates that corporations can save billions of dollars a year by employing fewer people through automation. And, in fact, a 2025 study out of Stanford University has found that AI is already “beginning to have a significant and disproportionate impact on entry-level workers in the American labor market,” with worke ...

Core Insights - The retail industry is evolving to align with consumer trends and demographic shifts, emphasizing the importance of understanding customer behavior in real estate investments [1][2][3] Group 1: Retail Real Estate Evolution - The session at the Apparel & Retail CEO Summit highlighted the need for retail real estate to adapt to a rapidly changing market [2] - A holistic approach that combines real estate analytics with consumer trends is essential for success in retail investments [3] Group 2: Retail-Landlord Relationships - A synergistic relationship between retailers and landlords is crucial, focusing on mutual growth rather than an adversarial approach [4] - Leveraging landlords' lower capital costs can facilitate faster expansion for retailers, with tenant improvements (TIs) identified as growth opportunities [4] Group 3: Industry Challenges - The retail sector faces a talent deficit, with 40% of commercial real estate professionals expected to retire in the next decade, creating a "talent cliff" [5] - CBRE is actively working on succession strategies to ensure sustainable growth targets amidst these challenges [5]