Shoppers have more money in their pockets this holiday season, as unemployment remains at a post-recession low and fuel prices remain low. However, in a competitive retail market, standing out among the competition is a major feat. According to new data from JLL’s 2015 Holiday Sentiment Report, which includes feedback from largely national or global retailers in JLL-managed shopping centers across the United States, this year’s differentiator will hinge on simplifying… Read More
The “dog days” of summer may be upon us, but retailers are stocking shelves in anticipation of the upcoming rush of back-to-school shoppers. While one quarter of shoppers began loading their carts with pens, notebooks and new outfits as early July, the majority (65 percent) will start shopping in the next few weeks, according… Read More
The rise of retail clinics offering access to basic medical services across the U.S. is a symptom of today’s ‘always on’ lifestyle.
Their business model caters directly to today’s time and money conscious consumer, providing affordable, accessible… Read More
1. DARE TO BE DIFFERENT: Enhancing a retail center with unique tenants creates synergy and healthy competition. New experiences drive traffic, repeat visits and sales. Keep your center fresh with new and different shops; develop relationships with local and regional boutiques so you’ll be their first call when they’re ready to expand. Offer competitive and flexible lease terms to… Read More
During the recent recession, many owners and investors of retail real estate scrambled to fill vacancies, and short-term leases dominated the shopping center landscape. Fast forward five years: retail net absorption and rental rates are trending upward and those same owners have reclaimed their seat at the table for lease negotiations and… Read More