Tag Archives: Bob Gibson

Q&A with JLL’s Bob Gibson: 5 Reasons Why NYC is a Global Retail Mecca

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NYC1) Tourists Love the Big Apple: A record 56.4 million people descended upon New York City in 2014, a 23% increase from only five years prior. And when tourists visit, they shop and spend money—that crowd generated a record $61.3 billion in overall economic impact. The City’s lofty goal: to attract 67 million annual visitors by 2021.

2) Everything Old is New Again: Worldwide trends have changed… Read More

Shopping Bags and Global Flags: Retailers Vie for a Stake in U.S. Real Estate Market

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PART II: International retailers land on U.S. soil

Beyond cross-border capital flows, international retail brands continue to land on U.S. soil for expansion and are targeting top-tier core markets for their storefronts. A diverse consumer base, buoyant income growth and a resilient economy has currently lured 175 international brands to take root in 19 top retail markets coast to coast, according to JLL’s latest report, The New World of… Read More