Ernest Rady, president and CEO of American Assets Trust, Inc. (NYSE: AAT), participated in a video interview at Nareit’s REITworld: 2018 Annual Conference in San Francisco.
Rady said that retail is in the midst of a “revolution” that benefits the American consumer. “[The American consumer today buys] the best price with the most convenience,” Rady said. In turn, that puts more pressure on retailers, he added. “Retail is going to be tougher than it has been in the past.”
from News https://www.reit.com/news/videos/american-assets-trust-says-retail-revolution-benefits-american-consumer

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