Overall Takeaways: The number of legitimate retail corridors in NYC has ballooned. It used to be that you needed a 5th Avenue store to kick off your US expansion, now there are several areas that can work, but we saw a large concentration of new concepts, first US location or first-time-physical locations clustered in […]
When does it make sense for retailers to own the shopping centers they occupy? James talks to Rachel Elias Wein of WeinPlus to answer that question. Also, economist Ryan Severino explains how consumer confidence can be high despite slow GDP Growth. LISTEN HERE. May 8, 2017, By JLL Retail Save Save Save Save Save […]
By Joel Groover SCT Magazine May, 2017 Speculation about the real estate role of Amazon.com is growing as more information emerges about its closely held plans for U.S. stores. In metro Houston, to cite one market, brokers watch the local headlines for scoops on the Amazon rollout, and they tend to share any tidbits they […]
When will West Elm stop emailing me about leaving something in my online cart because they can’t figure out I bought it in the store? Please let it be soon. After years of bandaging together online systems with their physical footprint, this may be the year that retailers get data integration right.
Pebb Enterprises picks itself up after the loss of seven employees in a plane crash By: Joel Groover Pebb Enterprises’ growth over the past year would be notable even under normal circumstances. The Boca Raton, Fla.–based company — a private equity investor known for turnarounds of distressed shopping centers — managed to court new executive […]
What if you could change the value of your enterprise by accessing and monetizing assets you have but largely ignore? When the CEO of a major multifamily and CRE company was asked how much he knew about his tenants, he said, “We know quite a lot — for our apartment tenants, we know income, age, sex, education, […]
When people think about strategy, they often ask what should we do? But it’s just as important to inquire in the other direction: what should we stop doing? This can help you ferret out investments of time, energy and money that fail to add value to your core customers. The recent history of J.C. Penney […]
This month we say take a closer look at how Marvin Ellison has focused his turnaround of J.C. Penney on what they’re Not doing. The punchline — it’s working. We hope everyone had a great summer and is settling into the new school year and Fall. We’ve been crisscrossing the country between our work in Florida […]