The “dog days” of summer may be upon us, but retailers are stocking shelves in anticipation of the upcoming rush of back-to-school shoppers. While one quarter of shoppers began loading their carts with pens, notebooks and new outfits as early July, the majority (65 percent) will start shopping in the next few weeks, according… Read More
1. DITCH THE PAPER, DO DIGITAL: Rising paper costs and decreased customer usage makes going paperless a “no brainer” for your shopping center. Shoppers like receiving messages about retailer sales, upcoming events and safety information on their smartphones, tablets and digital devices. Embrace the opportunity to dump the paper flyers, and enable… Read More
The most important time of the year for the retail industry, Black Friday and now Thanksgiving Thursday, is two weeks away. New data from JLL’s 2014 Holiday Sentiment Report found that nearly 1/3 of respondents’ stores will be open on Thanksgiving Day, and that 90% of retailers expect Black Friday to generate upwards of 40% of their total annual sales. It’s likely shoppers will see even earlier openings on Thanksgiving, and bigger door buster… Read More
In an unpredictable world, security in shopping centers and retail outlets has taken center stage. The International Council of Shopping Centers (ICSC) estimates that last year, a typical mall spent more than $1 million on security. While prevention is ideal, preparedness and responsiveness are critical to stabilizing and mobilizing employees and tenants during a crisis.
In… Read More