Technology and real estate must blend together better today in order to support an evolving retail market, according to one mega mall owner.
"Consumers today expect to be very, very well serviced — with technology," Westfield co-CEO Steven Lowy told CNBC in an interview at the ShopTalk conference in Las Vegas. "They wake up every day with that expectation, and it's essential that the retailing industry really adapts and evolves ... so it can compete better."
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