It’s impossible to deny that New York’s economy has taken a hit because of the pandemic. Beloved restaurants closed their doors for good and chain retailers have flown the coup. According to the Center for an Urban Future, New York City lost 3.7% of its chain stores and restaurants. Still, 24% of chain retailers grew […]
As a smart landlord, you likely keep your eye on the latest trends in brick-and-mortar business. Scanning the latest headlines, keeping up with industry blogs, and figuring out which types of retailers seem to be thriving in spite of the current pandemic is par for the course when you own commercial real estate. Naturally, brands […]
The Retail Industry has struggled for years because of internet giants like Amazon, especially now with COVID-19, but retailers in the food industry have a different story to tell. Here are five retailers expanding amid the Retail Apocalypse and COVID-19. Target Starting on the East Coast, Target quickly became essential to those on the West […]
The term “Retail Apocalypse” is trending. When you’re looking to fill vacancies, other words like “mass closures” or “bankruptcy” could also elicit an immediate “No thanks!” about certain brands. You may already be facing challenges to your business, and it makes sense that you wouldn’t want to take on a struggling tenant. But the truth […]
E-commerce driven, direct-to-consumer retail has boomed over the last decade. Companies like Warby Parker, Dollar Shave Club, and Glossier have disrupted their respective industries, offering design forward products, as well as clever and beautiful marketing, at a lower than expected price point. In 2014, Casper set out to flip the mattress industry on its head. […]
Finding the right retailer to complement your center’s tenant mix consists of more than crossing your fingers, then plunging into an internet search for likely candidates. You need data, and plenty of it. This means you also need access to a quality database. A basic database should, at minimum, offer C-Suite members, headquarters locations and […]
Retailsphere interviewed dozens of shopping center owners and leasing managers nationwide to gain insights into the best, and more interesting, worst tenants during the Coronavirus pandemic. Of those interviewed, 28% noted a restaurant as their most difficult tenant over the past few months. While the list of difficult restaurants included national brands like Denny’s and […]
Everyday it seems like another big retailer is declaring bankruptcy, announcing another set of store closures. The whole retail industry seems to be dwindling, that is if these constant closings are the only news. Despite the pandemic, other retail companies are announcing expansion. We've identified several brands that are, in fact, continuing to expand. While […]
We've all had those days when it feels like there is an endless list of things going on, and pre-planning your meals is last on your mind. That doesn't mean you can't find something that is quick, yet healthy, on-the-go. We're looking at our top five grab and go concepts on the West Coast that […]
The retail market in Pennsylvania continues to attract a host of new and expanding retailers, despite the pandemic slowdown. As the fifth-most populous state in the union with roughly 13 million residents, Pennsylvania remains a magnet for the latest concepts. A litany of new tenants are coming aboard Fashion District Philadelphia, a redevelopment of the […]
Everyday, another store closes. Big retailers are declaring bankruptcy and signaling another round of closures. The whole retail industry is in flux. Despite the pandemic and depletion of some retailers on the scene, other retailers are swooping in capitalizing by announcing expansion. The old adage, “When one door closes, another one opens” becomes literal in […]
Virginia has been targeted for millions of square feet of new brick-and-mortar shops, both by developers seeking to capitalize on Amazon's forthcoming HQ2 headquarters move to Arlington/Alexandria near Washington D.C., and by retailers seizing opportunities throughout the economically diverse state. Plans are in the works for a variety of creative live-play-work destinations to cater to […]
