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The Pursuit of Happiness: Retailers Renovate for Enhanced Customer Experience

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Ongoing evolution in the retail industry—including near-global access to the Internet and speedy adoption rates of smartphones—is forcing retailers to create a brick-and-mortar shopping experience that rivals the convenience and immediacy of the Internet. As a result, hundreds of retailers in thousands of locations are committing capital to renovating stores for an enhanced overall customer experience. Retailers should consider these three key questions when defining the type and magnitude of renovations… Read More

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Categories: Americas Retail, Uncategorized.

VIDEO: Livin’ Large: Luxury Retail Market

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http://www.youtube.com/watch?v=bbHPUq7dCYw&feature=share&list=PLA4033257B0454FE4

Designer goods have always held a prominent place on the richest streets in America. On the Las Vegas strip at the ICSC conference, thousands of high street retailers are gathering to determine the best strategies to serve the shopping elite. Experts say now more than ever, luxury brands are including a mix of both physical and online presence.

 

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Categories: Americas Retail, EMEA Retail, ICSC Events, Retailers, Tenant Representation and tagged , , , , , .

Beyond Your Backyard, The Global Retail Landscapes Opportunities

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https://www.youtube.com/watch?v=kYFw2LOD_Eg

 

The way retailers use real estate around the globe is fundamentally changing in response to shifts in consumer preferences, spending patterns and robust growth in e-commerce. International retailers are focused on acquiring high-quality retail space in markets with healthy market fundamentals. London, New York, Miami, Houston, San Francisco, Hong Kong, and Shanghai continue to attract top retailers and are outperforming their regional peers. Yet, these markets aren’t the only pockets of… Read More

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Categories: Uncategorized.

Technology Overload Leads to Better Tools for Retail Customer Engagement

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TechIn a world of technological advancements that can lead to a serious case of consumer information overload, two mobile technologies are emerging as the front-runners in the race to successful shopper engagement: Bluetooth Low Energy (BLE), also known as Beacons, and Near-field communications (NFC). Both technologies are capitalizing on emerging consumer behaviors that includes a dramatic uptick in the amount of… Read More

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Categories: Americas Retail, ICSC Events, Technology and tagged , , , .

Overcoming the E-Commerce Onslaught: Retail Investment Sales Thriving

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Video may have killed the radio star, but has e-commerce done the same to your local retail establishment? Will the rise of everything from Amazon to Zappos take down the bookstore up the street, your local shoe store? Don’t bet on it.  While the much-touted demise of good ‘ole fashioned “bricks and mortar” stores makes for good headlines, it’s not actually based in fact.  According to JLL’s Cross Sector Outlook released… Read More

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Categories: Americas Retail, Retail Capital Markets and tagged , , .

Don’t Panic, It’s Just a Store Closing

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Are store closings and retailers shrinking footprints leading to the downfall of the retail industry? Don’t bet on it. T-Mobile and JLL Retail’s CEO Greg Maloney weigh-in along with ICSC’s Jesse Tron who says, closing underperforming stores is business as usual for many retailers during this time. It’s nothing more than the retail life cycle in action. Last year the industry added a net of over 1,000 new retail establishments.

 

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Categories: Uncategorized.