This document discusses five major factors affecting retail development moving forward. It notes that the retail industry is experiencing an oversupply of major brands, major changes in consumer buying patterns focused more on experiences than goods, the insurgence of internet shopping taking market share from physical stores, development patterns shifting from suburban to urban locations, and the need for strategic focus on connecting with customers through environment, experiences, and psycho-demographics rather than just location. Retail growth curves show shopping centers growing strongly from 1900-1960 and malls from 1985-1995, with mixed-use lifestyle centers and future development focused on placemaking. Power centers, specialty centers, and placemaking will all maintain relevance going forward.