Retail REITs are doing well despite larger economic setbacks, according to panelists at NAREIT's annual REITWorld, held in Dallas last week. That's because consumers are still spending, panelists said. "People are tired of being scared, and 90% of them are still working," said David Henry, president and chief executive of Kimco Realty. The panel, which also included General Growth Properties CEO Sandeep Mathrani, noted that spending is strong at both ends of the retail market -– luxury and deep-discount goods.

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