The term ‘omnichannel’ has become so ubiquitous that there doesn’t seem to be any real separation between the online and offline channel anymore. Consumers buy online and pick up in store, or buy an in-store item to shipped to their home or shop at the store, having already researched the product online.
In fact, there are very few retailers who can exist without an online presence, and even successful online retailers are… Read More
In 2006, NASA launched the New Horizons spacecraft for a nine -year mission, the Steelers defeated the Seahawks, and the Nintendo Wii was introduced to America’s youth. It was also the year retail development in the U.S. hit an all-time high of 261 million square feet under construction, with ambitious mega entertainment facilities underway. Within five years, construction halte
d in 2011… Read More
ICSC held its popular session, Retail Runway at the New York Dealmaking show this week. T
here were 3 major themes for retailers planning new stores and expanding relatively new concepts:
- The Urban Push – Retailers tend to be focusing more on growing urban store presence and this trend often … Read More
As commercial real estate enters its sixth year of growth and volatility heightens in the public equity market, questions are beginning to surface as to how much longer this can continue. But investors show no signs of slowing as they satisfy their hunger for urban retail, potentially positioning 2015 as the highest year on record for the subsector outpacing a record year in 2014, according to JLL’s Q3 2015 Investment Outlook… Read More
The U.S. market has six times more retail square feet per person that the United Kingdom, with 2,375 square feet per 100 inhabitants. That’s more space than France, Denmark, Finland, Portugal, Spain, Italy and Germany combined, making it an increasingly attractive locale for European retailers that have reached maturity in their… Read More
This week, after taking a tour around Town Center Boca Raton in Palm Beach County, it was clear that retailers – at least, most of them –were readying themselves for the holiday season.3 Top Findings for the Start of Thanksgiving week:
- Red will be big this holiday. Sales were definitely in effect. Most retailers had some level of promotion, regardless of price-point; … Read More
The US retail market is fertile ground for international retailers and concept brands looking for overseas expansion. Learn what JLL’s Naveen Jaggi and U.S. industry leaders and international retailers have to say about this dynamic market.
Since the emergence of Black Friday in the United States as the venerated kickoff to the post-Thanksgiving shopping season, there have been a multitude of strategies employed by retailers to attract customers to their stores and to benefit from a swell of consumer spending. These tactics have included opening stores earlier… Read More