Stephen Bittel is a leading Miami-based real estate investor. In today’s COVID -19 dictated new normal, he believes that urban retail will change according to the way local customers do their shopping in the absence of a thriving tourist industry. He says that the focus of the industry will be to help local businesses thrive.
Stephen Bittel says that urban retail this year will focus of local spending both in-store and offline. Their infrastructure will be tailored to the use of local communities. All major companies will invest in increasing local business operations. He believes that local businesses will harness technology to make shopping a great experience for the local population by providing conveniences. He gives an example of locals being able to order food online before going to eat at their favorite restaurant. He says that the urban retail industry has already made many initiatives to make sure that visits to stores are worthwhile experiences for shoppers.
Stephen Bittel launched Terranova Corporation in the year 1980. He attended the Bowdoin College in Maine and obtained a law degree in 1982 from the University of Miami School of Law. He has made his company a leader in Miami’s real estate investment industry. He is also committed to serving the local community and works with many local charities and organizations.
Stephen Bittel sees the change in shopping patterns of locals as they adjust to the new normal during the Covid-19 pandemic. He is positive that urban retail will grow and flourish after the pandemic by creating innovative experiences for local shoppers.
