Grocery-anchored retail is a staple for many retail REITs. However, Wal-Mart is becoming an increasing threat to the traditional shopping center, especially as it increases its high-end grocery offerings to lure new consumers, according to Barron's. Some REITs, such as Federal Realty, have a low exposure to this threat. Others, such as Ramco-Gershenson, have a number of properties located uncomfortably close to Wal-Mart stores, the article says.
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