In the end, what do you do with the retail space? This is going to be a huge question for retailers in the next ten years. That's why Wal-Mart is starting to build smaller stores. That's why Wal-Mart is building more overseas than they're building here.
[Commercial real estate landlords] already have occupancy problems, rent problems and everything else right now. I don't think commercial real estate problems are fixed by any means. That's why we're going to close hundreds of community banks going forward.
~Howard Davidowitz, chairman, Davidowitz and Associates, Bloomberg.com interview, December 31st, 2010