Regency Centers Corporation owns and operates grocery-anchored shopping centers across the United States, with most of its properties anchored by a supermarket tenant that drives consistent customer foot traffic to the surrounding retail spaces. As a real estate investment trust, the company distributes most of its taxable income to shareholders as dividends, generating revenue from retail tenant rental income across its portfolio of owned shopping centers. Its grocery-anchored strategy differs from mall REITs or shopping centers anchored by department stores, since grocery stores tend to be more resistant to e-commerce disruption and provide more consistent, recurring customer visits that benefit the smaller specialty retail tenants surrounding the anchor grocery store. The company's rental income and property values are relatively less exposed to e-commerce-driven retail disruption than some other retail property types, given the grocery-anchored nature of its shopping center portfolio.