Following the biggest Cyber Monday ever, retailers and e-commerce companies are engaged in a heated battle for the biggest distribution center facilities in locations close to large populations. As retailers bow to the demand for instant delivery gratification, JLL market data shows rising rents and a growing number of tenants searching… Read More
PART II: International retailers land on U.S. soil
Beyond cross-border capital flows, international retail brands continue to land on U.S. soil for expansion and are targeting top-tier core markets for their storefronts. A diverse consumer base, buoyant income growth and a resilient economy has currently lured 175 international brands to take root in 19 top retail markets coast to coast, according to JLL’s latest report, The New World of… Read More
Instant gratification keeps getting more instant in the shopping world. In the race to keep up with e-commerce players, retail giants Macy’s and Bloomingdale’s will this fall launch same-day delivery services in 50 of their stores – across eight Macy’s markets and four of Bloomingdale’s.
The move is a direct response to relentless competition from e-commerce players like Amazon.com and eBay, which have… Read More
They’re online, but they still like going to stores. They have money to spend but love coupons and promotions. Here’s how to navigate the retail preferences of the 18-34 crowd.
They may be young, with many life experiences still to come. But when it comes to spending habits and material addictions, retailers and retail landlords can’t afford… Read More
Excerpt by Ian Ritter, GlobeSt.com: Read the Full Story
Someone once asked Jesse James why he robbed banks, and he said, ‘That’s where the money is.’ The same sentiment holds true for Southern California where the coastal communities, for the most part, are doing very well, Craig Killman of JLL points out.
Widespread same-day delivery won’t be viable this year or next for most retailers. Why the delay? Especially when topics like drone-delivery have become regular dinner table talk?
It all comes down to the logistics networks that currently support the majority of retailers. These systems, with few exceptions, were based on a model developed… Read More
Fifteen years ago, online-only retailers didn’t exist but today there are more than 100,000 e-commerce retailers active in the United States, and while that number is set to double by 2020, bricks-and-mortar will remain a key driver to growth. Online-only sales strategies represent the ultimate in flexibility and cost-cutting, but the recent… Read More
UPDATE ICSC New York: From E-bay’s one hour delivery service to Amazon’s futuristic proposed drone delivery, retailers are battling to gain competitive advantage by appealing to their customers’ need for ‘insta-delivery’.
As the retail industry transitions its supply chain to an omni-channel model, demand is soaring for the real estate that supports this new paradigm. A distinct real estate asset class tailored to e-commerce delivery has evolved. JLL has identified six newly-defined… Read More
ICSC 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
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 result, there are 96.7… Read More