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Monthly Archives: November 2014

Holiday Pulse: Greg Maloney’s Five Black Friday Trends

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Yesterday, I traveled around Atlanta to get a feel for how Black Friday was performing and live tweeted my experience. I spent 12 hours shopping, and put more than 200 miles on my car while covering the entire north side of the city. Here are my five key takeaways:

1. Thanksgiving day openings just took away from Black Friday door busters, but those that didn’t open Thursday were packed, Home Depot to name one.

2. The only stores… Read More

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Categories: Americas Retail, Holiday Shopping and tagged , , , , , , .

Holiday Pulse: Shoppers Rest Up & Refuel Before They Hit Stores

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After a strong start on Thanksgiving evening, traffic died down overnight and remained lighter than past years this morning according to JLL-managed centers Holiday Pulse report.  Much like last year, retailers that opened yesterday traded Black Friday morning sales for Thursday evening sales but the impact was greater as more retailers opened on Thanksgiving Day this year.  All centers expect traffic to pick up later today after the diehard shoppers rest… Read More

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Categories: Americas Retail, Holiday Shopping, Retailers and tagged , , , , .

Holiday Pulse: Malls Reported Strong Traffic on Thanksgiving

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Shoppers did in fact hit the mall after the turkey tryptophan wore off last night, according to JLL’s Holiday Pulse Survey, which looked at a cross-section of JLL-managed properties in the U.S.  By all accounts, traffic was strong across the board and JCPenney and Victoria’s Secret were two of the biggest winners of the day.

Check out the top 6 center recaps of Thanksgiving Thursday:

  • South Park Mall: “Lines were in full force beginning at
    • … Read More
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Categories: Americas Retail, Holiday Shopping, Malls, Retailers and tagged , , , .

Twitter Takeover: Greg Maloney to take over @JLLNews feed on Black Friday

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Maloney Black FridayTo commemorate and celebrate the official start of the holiday shopping season, retail guru @Greg_Maloney will take over the @JLLNews twitter account on Black Friday, November 28th between 6am ET and 6pm ET to answer your questions on the retail industry’s performance, and share live updates from JLL-managed malls around the United… Read More

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Categories: Americas Retail, Holiday Shopping, Malls and tagged , , , .

Shopper Traffic Expected to Increase this Holiday Season

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Image copyright of http://omnichannel.me/

Shoppers’ time, peer recommendations and attention are priceless commodities that retailers are vying for year-round and even more so during the holiday season. More than 85% percent of respondents to JLL’s holiday sentiment survey expect foot traffic this… Read More

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Categories: Americas Retail, Holiday Shopping and tagged , , , , , .

Who’s Hiring for the Holidays? 40% of Retailers to Increase Staffing

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Image copyright of galleryhip.com

 

The countdown to Black Friday begins – 10 days till the busiest shopping day of the year. So, who’s hiring for the Holidays?

To provide a better customer experience, more than 95% of respondents to JLL’s recent survey indicated their staffing will remain the same or increase compared to last… Read More

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Categories: Americas Retail, Holiday Shopping and tagged , , , , , .

#TBT Black Friday Style: 1987

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The most important time of the year for the retail industry, Black Friday and now Thanksgiving Thursday, is two weeks away. New data from JLL’s 2014 Holiday Sentiment Report found that  nearly 1/3 of respondents’ stores will be open on Thanksgiving Day, and  that 90% of retailers expect Black Friday to generate upwards of 40% of their total annual sales.  It’s likely shoppers will see even earlier openings on Thanksgiving, and bigger door buster… Read More

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Categories: Americas Retail and tagged , , , , .

Sears Holdings Announces Plans For Mixed-Use Development In Aventura

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Sears Holdings Corporation has submitted plans to the City of Aventura for the redevelopment of the Sears property at Aventura Mall into an exciting open-air village that will feature retail, restaurants, offices and a hotel.

Esplanade at Aventura will be a complete redevelopment of the 12.3 acres owned by Sears Holdings that currently features a Sears full-line store, Sears Auto Center and adjacent surface parking areas. The proposed new development will include approximately… Read More

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Categories: Agency Leasing, Americas Retail, Development, Malls and tagged , , , , , .

JLL Adds Retail Expert Jamie Kendall in San Francisco Bay Area

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Jamie KendallJLL has expanded its retail brokerage practice in Northern California with the addition of Jamie Kendall as Vice President. Jamie will be based in the firm’s San Francisco office, and will partner with the firm’s existing retail, agency leasing and investment sales teams to help maximize the value of retail assets for JLL’s growing client base in downtown San Francisco.… Read More

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Categories: Agency Leasing, Americas Retail, Malls, Retail Transactions.