by admin | Jul 17, 2024 | Brick & Mortar, Commercial Real Estate, Merchandising, News, Point of Sale, Resources, Retail Strategy, Retail Technologies
I’ve seen a common misconception in my experience with retail transformations, including recent showroom makeovers with an outdoor power equipment store, a window fashions retailer, and a beverage store chain. Retailers often think they need a complete...
by admin | Sep 17, 2023 | Brick & Mortar, Commercial Real Estate, Community, Customer Experience, Event Planning, Resources, Retail Economy, Retail Strategy
Choosing the right location for your retail store is complex but crucial. It requires a deep understanding of your target market, brand, and business model. Whether you’re struggling with foot traffic and conversions, looking to add a location, relocate an...
by admin | Sep 11, 2023 | Brick & Mortar, Commercial Real Estate, News, Retail Strategy
All you contrarians unite: Store-based retail is very much alive — even on fire. In fact, according to real estate services firm CBRE, the rate of available retail real estate fell to 4.8 percent in the second quarter, the lowest level in 18 years. And as...
by admin | Jul 28, 2023 | Brick & Mortar, Commercial Real Estate, News, Resources, Retail Strategy
A busy road lined with strip centers. In Q2, demand for retail space in the suburbs outpaced demand in downtown markets, according to CBRE. “Strip Mall City” by Jacob Norlund is licensed under CC BY 2.0 As more retailers move to strip centers, space is opening up at...
by admin | Mar 4, 2023 | Commercial Real Estate, Debate, Resources, Retail Strategy
Bath & Body Works, among several chains reorienting their footprint away from malls, added 95 off-mall North American stores in 2022 and plans to open approximately 90 more in 2023. Forty-five of the stores Bath & Body Works closed in 2022 were...
by admin | Dec 2, 2022 | Brick & Mortar, Commercial Real Estate, Debate, Predictions, Retail Economy
Inflation is a top concern for both businesses and consumers currently, and rightfully so as the U.S. trend continues to remain high. The most recent Consumer Price Index national average for October was 7.7 percent, down from the high of 9.1 percent in...