How to Compete with Online Merchants: Use Physical Advantages
0 CommentICSC New York Update: JLL’s Steve Jones says, it’s easy for store retailers competing with online retailers to feel like they are pushing a boulder up a mountain in today’s web-driven economy. The good news for retailers is that not all consumers shop on price alone. The critical components of consumer buying habits are price, customer service and experience. Every consumer weighs these considerations differently, but each store needs… Read More
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Categories: Development, ICSC Events, Logistics / E-Commerce, Tenant Representation and tagged ICSC NEW YORK, JLLRETAIL, PDS.
UPDATE: JLL Retail managed shopping centers report that late night Thanksgiving shopping excursions kept the crack-of-dawn shoppers in bed a little longer this morning. The mad dash to the mall was delayed, with most centers seeing an increase in traffic between 10 a.m. and 12 p.m., and steady shoppers since then.
JLL’s inaugural Big Box Velocity Index says, that demand for U.S. industrial distribution centers larger than 300,000 square feet is high and rising. Improving economic conditions, the continuing growth of e-commerce and a deep bench of tenants seeking space has created a highly competitive fight for industrial and warehousing space. As a… 
Since 2009, the Midwest has had minimal retail development. The pent-up demand is driving cities, counties and owners to consider new construction in an effort to capitalize on retailers expansion plans. During the last 18 months JLL’s Donn Fuller,… 
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