Advance estimates of U.S. retail and food services sales for March 2018, were $494.6 billion, an increase of 0.6 percent (±0.5 percent) from the previous month, and 4.5 percent (±0.5 percent) above March 2017 according to the U.S. Department of Commerce. Total sales for the January 2018 through March 2018 period… Read More
JLL launches Global Food Trends report at ICSC Food for Thought Conference
JLL has scoured the globe for the weirdest, most wonderful and prophetic innovations of foodservice and shortlisted five mega trends that landlords and restaurateurs should watch in 2018 in its recently released Global Food Trends 2018 report. According to the report, launched today at… Read More
JLL says healthy food, affordable pricing, private labels and digital integrations drive grocery store performance.
Grocery-anchored centers continued to be an attractive property type for investors in 2017, with sales volumes increasing by 5.3 percent. The asset class remained stable amid a period of low retail transaction volumes. But after grocery store expansions went bananas in… Read More
5 ways retailers can increase sales volumes online and in-store all year By: Marilynn Joyner, JLL Retail in New York.
The holiday season is the most wonderful time of the year, or so the song goes. It’s also the time of the year where majority of retailers reach their highest annual… Read More
By: Marilynn Joyner, JLL Retail in New York.
In today’s digital age, consumers’ expectations of their beloved brands are expanding. Shoppers now have an increased need for a more personalized shopping experience – which only a physical retail store can deliver.
The firm L2 found that 75% of online shoppers worldwide consider the brick-and-mortar… Read More
Once the last trace of Halloween candy is gone, Americans plan to get started on holiday shopping. Nearly 30 percent of shoppers will start shopping prior to Thanksgiving, while just over 30 percent of shoppers will start stocking up over the five day period from Thanksgiving to Cyber Monday.
“As we head… Read More
For the past 17 years, Jason Metz has been at the forefront of the brand experience revolution. He’s helped iconic brands including: Porsche, P&G, Adidas, IBM, Anheuser-Busch, Walmart, Forever21, Nokia, MillerCoors, Pizza Hut and Conde Nast create stronger, more rewarding and longer-lasting relationships with their consumers, resulting in significantly higher sales, profitability and market share.
JLL Retail Research looks at coming closures, the impact of e-commerce on brick and mortar stores, how the store experience is changing and which retailers are actually expanding operations despite the current climate (as of September 2017).
Retail performance fundamentals are in a holding pattern as vacancies remain flat. Net absorption has softened as quality space gets harder to find thanks to limited development in recent years. Restrained construction and few new retail space additions have also kept rents inching upward, moving many major markets to their… Read More
Seattle, dubbed as the Emerald City, makes it rain with a variety of retail. Having more to offer than fish markets and coffee house culture, the Seattle metro serves as home base for many retailers including Starbucks, REI, Amazon, Costco and Nordstrom. Because of this, the city gets more than its fair share of buzzworthy retail, like the huge Starbucks Roastery, the cashierless Amazon Go and… Read More