Retail Sector Sees Shift Towards Value-Hunting Amid Easing Inflation

Jll: See Less ‘Aspirational’ Retail, More Value-Hunting

Naveen Jaggi, President of Retail Advisory Services at JLL, discusses the recent easing of inflation and its impact on retail demand, highlighting a notable rebound in the second quarter. Jaggi points out that malls, after a decade of closures, are seeing renewed interest, particularly among younger consumers embracing 'mall maxing.' He speaks with Romaine Bostick & Isabelle Lee on "The Close." (Source: Bloomberg)