Start the conversation
The retail sector might not sound like the most exciting place to invest, but following that myth could cost you.
In fact, one top REIT to buy today pays a 9.1% yield and could be your perfect play for profits.
It's no secret that retail stores are struggling. But there are still plenty of profitable companies adapting to the latest trends. And some of the best REITs to invest in are plugged right into that growth potential.
At the moment, consulting company McKinsey & Co. is going all in on reviving retail stores. In fact, it's opening a "retail lab" at the Mall of America in Minneapolis.
With this, McKinsey is testing various technologies and ideas in pop-up stores to combat online competition.
One example is the inclusion of "smart mirrors." Smart mirrors let buyers try on clothes in different colors and styles without having to change into them.
Major retail companies like Walmart Inc. (NYSE: WMT) have also created their own "retail labs." In Walmart's case, the company is utilizing AI software.
There are also companies like Bed Bath & Beyond Inc. (NASDAQ: BBBY) creating labs to show off potential products and layouts.
For the retail companies that strike the right balance, there could be billions of dollars for the taking.
Combining online and in-person retail stores could give shopping centers the lift they need.
You could cash in on the next Alibaba, the next Uber, the next Google. We're talking life-changing IPOs here. And it'll only cost you as little as $50. Click here for the full details...
On top of retail labs, some shopping centers are shifting directions. Now, some are converting their spaces into community areas. These include offices, shared work spaces, health clinics, and even assisted living areas.
That's creating an opportunity for you to cash in on one of the top REITs to buy today. And it pays a 9.1% yield on your investment just for owning it.
Check out one of the best REITs to buy below...