After a tepid start to the year, consumer spending appears to be back in full-swing as shown by today’s retail sales numbers. June saw a 0.5% month-over-month increase and a, more importantly, 6.6% year-on-year increase over June 2017. Home purchases have seen a significant bump driven by lower taxes and… Read More
Lauren Stilley joins team as VP of National Retail Leasing – reflecting the firm’s commitment to growing its retail property management and brokerage platform.
JLL announced the addition of Lauren Stilley to its West Coast retail team as Vice President of National Retail Leasing. Stilley will work across the Hawaii and California markets in her new role.… Read More
New JLL and Big Red Rooster study creates benchmarks for in-store experiences and ranks the top retailers; Apple takes top spot
Creating brand affinity has always been a top priority for retailers, but now retailers need new ways to build shopper satisfaction in-store. What makes shoppers content from the moment they walk through the door all the way to their purchase? JLL and Big Red Rooster evaluated 100 stores and surveyed… Read More
Advance estimates of U.S. retail and food services sales for March 2018, were $494.6 billion, an increase of 0.6 percent (±0.5 percent) from the previous month, and 4.5 percent (±0.5 percent) above March 2017 according to the U.S. Department of Commerce. Total sales for the January 2018 through March 2018 period… Read More
JLL launches Global Food Trends report at ICSC Food for Thought Conference
JLL has scoured the globe for the weirdest, most wonderful and prophetic innovations of foodservice and shortlisted five mega trends that landlords and restaurateurs should watch in 2018 in its recently released Global Food Trends 2018 report. According to the report, launched today at… Read More
JLL says healthy food, affordable pricing, private labels and digital integrations drive grocery store performance.
Grocery-anchored centers continued to be an attractive property type for investors in 2017, with sales volumes increasing by 5.3 percent. The asset class remained stable amid a period of low retail transaction volumes. But after grocery store expansions went bananas in… Read More
In today’s digital age, consumers’ expectations of their beloved brands are expanding. Shoppers now have an increased need for a more personalized shopping experience – which only a physical retail store can deliver.
The firm L2 found that 75% of online shoppers worldwide consider the brick-and-mortar… Read More
Once the last trace of Halloween candy is gone, Americans plan to get started on holiday shopping. Nearly 30 percent of shoppers will start shopping prior to Thanksgiving, while just over 30 percent of shoppers will start stocking up over the five day period from Thanksgiving to Cyber Monday.