May 9, 2023
Via: RetailWireRetailers operating in the suburbs have benefited from the remote work trend that began when the novel coronavirus pandemic began in 2020. That has led retailers with stores in city business districts to look for space in the suburbs. Foot […]
August 4, 2022
Via: RetailWireSome say a recession is on the way; others say it is already here, but according to the biggest owner of U.S. shopping malls, the threat of an economic downturn is not deterring retailers from opening new mall locations. Simon […]
July 14, 2022
Via: RetailWireRetailers in Miami, San Diego and Cambridge, MA, have joined those in other cities in recent years complaining about the addition of protected bike lanes, although studies show they eventually drive shopper traffic. The bike lanes are designed to make […]
Customer Experience, Point of Purchase
June 8, 2022
Via: RetailWireTempe, AZ, is putting the finishing touches on a planned car-free community built to let its 1,000 inhabitants live — and shop — without owning cars. The 17-acre community, called Culdesac, will open later this year, according to ABC 15. […]
December 22, 2021
Via: RetailWireOpen-air shopping centers — also known as strip malls and strip centers — are leading retail’s real estate recovery and building on momentum seen before the pandemic. Landlords filled 17 million square feet of open-air shopping centers during the third […]
News & Trends, Retail Types, Stores
June 9, 2021
Via: RetailWireRetailers have announced some ambitious expansion plans that take advantage of pandemic-related closures. Perhaps not by accident, among the biggest are from chains that have minimal e-commerce presence. Three dollar store chains — Family Dollar, Dollar Tree and Dollar General […]
October 29, 2020
Via: RetailWireJ.C. Penney has entered into a purchase agreement with Brookfield Property Partners and Simon Property Group and a group of first lien lenders to acquire the company’s assets. The department store retailer said it expects the deal to be finalized […]
September 10, 2020
Via: RetailWireJ.C. Penney announced yesterday that it has reached an agreement in principle with two of its landlords on a near eleventh-hour deal that will help the company avoid liquidating its business, saving about 70,000 jobs in the process. Simon Property […]
August 27, 2020
Via: CNBCWhat is going to happen to America’s dead malls? That’s a million-dollar question plaguing retailers and real estate developers. With a report circulating earlier this month that the biggest U.S. mall owner Simon Property Group has been in talks with […]
August 3, 2020
Via: RetailWireOn Friday, Westfield Valley Fair, the Bay Area’s largest mall, opened an open-air pop-up market in front of Bloomingdale’s. The pop-up tents arrive as many enclosed malls, including those across California, remain closed as a preventive measure against the spread […]
July 10, 2020
Via: RetailWireRetailers will need an additional one billion square feet of industrial real estate by 2025 as the need for warehouse space grows along with online sales, according to a new report by JLL, the commercial real estate firm. The novel […]
March 7, 2019
Via: Independent RetailerThe retail space has seen a lot of technological advancements, but perhaps none more impactful than the pop-up store. In fact, according to Storefront Magazine, temporary pop-up shops are expected to generate $50 billion annually across the globe, and have […]
February 19, 2019
Via: Retail DiveThese days in brick-and-mortar retail circles, it seems all anyone can talk about is experiential retail. Immersive, interactive, technology-enhanced — these are all adjectives that get tossed around when executives are talking about what the store of the future needs […]