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With no sales experience whatsoever, I started out three aircraft back thinking the internet probably wasn't sophisticated enough yet. In addition to the idiom beginning with shop. Federal Trade Commission Consumer Information consumer. Please apply exchange offer again. Both companies should be considered by any dividend-oriented investor looking to add an REIT to his portfolio.

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We think that the shopping center REITs should be able to handle the increased online competition. As consumers change their habits from shopping in physical stores to shopping online, the demand for retail space will shrink and many existing stores and shopping centers will not survive.

However, less than half of the tenants for either company are focused on segments like apparel, home decor, electronics, and other segments that either directly compete with the Internet or require omnichannel strategies. While this sector will face slowing sales from consumers moving online, retailers will still want to keep their stores located in the top retail locations as the strong demographic trends produce high foot traffic and strong sales growth.

Most store closures will occur at lower-quality assets that have a worse tenant mix and lack the sales productivity to keep those stores profitable, which should reduce competition for the high-quality properties owned by the REITs. Meanwhile, the other portion of these companies' portfolios includes grocery stores, restaurants, fitness centers, dollar stores, autos, and entertainment tenants--tenants whose businesses are insulated from the threat of online shopping and as a result should see higher, steadier growth.

Even as online shopping starts to penetrate the grocery and restaurant businesses, the online option will only drive more business to the physical tenant rather than take it away as the grocery store or restaurant remains the essential point of distribution. We believe that low but steady growth over the next decade should be achievable for the retail REITs. Federal Trade Commission Consumer Information consumer.

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