06/02/2026
Kimco has been First in Last Mile Retail for years, and AI's impact on the shopping journey goes hand-in-hand with our position.
A recent study by ICSC and McKinsey revealed that AI isn't a threat to physical retail, but it will require the purpose of physical retail to become more defined.
As routine purchases become more automated and digital tools handle more of the search and decision-making process, shoppers are turning to physical stores for immediacy, fulfillment and convenience.
That shift puts even greater value on shopping centers built around everyday needs and high-efficiency trips. Kimco's portflio of conveniently located, essential retail centers are uniquely positioned to deliver exactly that.