Posted on December 10, 2018
By Richard Sarkis
Posted on December 10, 2018
By Richard Sarkis
Posted on July 5, 2018
An infographic by Faith Hope Consolo, chair of the retail sales and leasing division at Prudential Douglas Elliman, finds that “food is the new fashion.” Younger shoppers are more interested in “eating while shopping than their parents and grandparents,” and this behavior is leading to a trend in “eatertainment”-style properties. The report predicts by 2020, the number of food halls of 10,000 to 50,000 square feet in North America could reach 300 (up from 100 in 2017). Additionally, the report recommends a new rule of thumb for malls: 70 percent of their space toward food, entertainment and lifestyle experiences, while the remaining 30 percent should be dedicated to retail.
Posted on July 2, 2018
The U.S. Supreme Court ruled in South Dakota v. Wayfair, Inc. that states may collect sales taxes from online retailers, even if those sellers do not have a physical location in the state. That reverses a decision the Court had made in 1992 in Quill Corp. v. North Dakota.
Posted on May 24, 2018
According to Cushman and Wakefield’s first quarter report on shopping centers, the retail sector will continue to struggle despite a strong economy. However, it’s not all bad news – while stores found in malls and power centers (e.g., electronics, department, sporting goods) will continue to decline, other sectors will expand, such as dollar stores, discount grocery, off-price apparel, beauty/cosmetics, fitness/health clubs, fast food, coffee and fast fashion, most of which operate in neighborhood and community centers. According to the report, these trends could benefit the owners of Class A malls. "Anchor closures at trophy or Class A malls present opportunities for landlords to attract new, more relevant tenants such as food halls, experiential concepts or other trendy new retailers at current rents," the report states. "Landlords will also see non-traditional mall tenants such as discounters, off-price or grocery chains move into some of these vacancies."
Posted on May 4, 2018
The Supreme Court is expected to issue a decision by the end of June in South Dakota v. Wayfair, Inc., et al, a case that could change how sales taxes are collected on Internet purchases.
Posted on April 13, 2018
By: Clay Edwards
Posted on April 6, 2018
By: Marie Ruff
Posted on March 14, 2018
By: Dr. Stephen S. Fuller
Posted on February 22, 2018
By: Clay Edwards
Posted on November 16, 2017
To create destinations that captivate shoppers beyond mere retail purchases, owners have dramatically transformed malls by investing more than $8 billion in renovations over the last three years. JLL’s new report, A New Mall Rises, explores 90 super regional and regional malls that are currently undergoing or have gone through a significant renovation during that time period.
Posted on October 5, 2017
A report by CBRE, “What’s Wrong with American Shopping Malls?” finds retailers with low-growth rates, such as department stores, occupy a majority of U.S. shopping malls’ gross leasable area compared to retailers with higher-growth categories such as restaurants and home furnishings. This disparity, according to CBRE, indicates malls should lease to different retailers to stay competitive.
Posted on October 3, 2017
By: Richard R. Spore III
Posted on September 8, 2017
Shoppers today have three main options when they’re looking to buy: Go to a brick-and-mortar store, shop online but pick up at a brick-and-mortar store, or purchase online and have the product delivered. In a report, “Bagged or Boxed,” JLL explains that “the way shoppers value time, touch and money drives on- or offline purchasing,” and predicts which businesses are well-positioned for future growth.
Posted on August 22, 2017
By: Amanda Tran
Posted on August 17, 2017
The co-founder of one of the nation's first funds to provide real estate acquisition and private debt servicing to cannabis-related ventures spoke at I.CON '17: Trends and Forecasts in June. Access the presentation and session recording on the marijuana market as it relates to industrial space, risks to landlords, structuring leases with marijuana tenants and more on the conference resources page.
Posted August 11, 2017
Retail employment across the country has taken a hit in 2017, as chains including Macy’s, Sears and JC Penney have all shuttered locations. A new report from Reis indicates the country has too many retail outlets and predicts where to future closings may occur.
Posted on August 4, 2017
The global food and beverage market is growing, and that is helping pick up the slack as brick-and-mortar retailers struggle. According to a report from Cushman & Wakefield, the food industry’s growth is increasingly focused on delivering positive experiences to customers.
Posted June 9, 2017
The Federal Reserve Board is indicating that it intends to increase interest rates twice more this year. But a new report from Real Capital Markets indicates that the expected rate hikes are not causing potential investors to move their purchases up.