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Does where you’re from Matter? It Does for Retailers Expanding Globally.

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More than 30 years ago a man named Tommy Hilfiger changed men’s apparel by modernizing the standard button-down shirt and chino pant into fitted and designed apparel. It hallmarked the movement of bringing classic “American cool” to the world, and today Tommy Hilfiger ranks as the top global retailer with stores in 94 percent of the top 140 cities around the world, according to JLL’s Destination Retail 2016 report. The report… Read More

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Categories: Agency Leasing, Americas Retail, Asia Pacific Retail, EMEA Retail, Global and tagged , , , , , , .

JLL Expands Retail Investment Sales Platform in North Texas

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Tom SalantyJLL today announced it has strengthened its retail client services in North Texas with the addition of industry veteran Tom Salanty. Salanty joins the firm as a Managing Director and brings more than 30 years of experience in retail investment sales. In his role, Salanty will bolster the firm’s retail practice throughout North Texas, partnering closely with Managing Directors Adam… Read More

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Categories: Agency Leasing, Americas Retail, Investment and tagged , , , .

Shorenstein & JLL Transform 1407 Broadway Retail Space into a Foodie Destination

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JLL today announced that the firm has secured four leases on the ground floor of 1407 Broadway in New York City. The four new-to-market food concepts, ’wichcraft, Luke’s Lobster, Gregory’s Coffee and Juice Generation are all expected open by mid-2017. Shorenstein Properties LLC, who purchased the property in May of 2015, hired JLL to market the 25,000-square-foot retail component in the building, which is a full block on Broadway between 38th… Read More

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Categories: Agency Leasing, Retail Transactions, Retailers, Uncategorized and tagged , , , , , , , .

Online Plays a Limited Role for Back-to-School

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Most shoppers are eschewing online retailers for their back-to-school needs. Just 19 percent said they would buy supplies at online retailers and about one-quarter said they would buy clothes online.

“A constant theme this survey showed was consumers desire to save on cost and time. Bricks-and- mortar stores offer a wide selection and many malls, superstores and department stores offer one-stop shopping convenience. Furthermore, shipping costs and the hassle of returns were… Read More

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

Price and Efficiency, Main Drivers of Back-to-School Spending this Year

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While kids may be off from school, it seems parents won’t be giving them a vacation from back-to-school shopping. According to JLL’s Back-to-School survey of nearly 2,000 consumers nationwide, only seven percent of respondents will wait until after school starts to do their shopping, a decrease from last year’s nearly 11 percent that said they would wait for school to begin. Of the 93 percent that will shop prior to the… Read More

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

Back-to-School Budgets: Apparel Tops The Chart

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The proclivity for low prices doesn’t exactly mean that shoppers will be tightening their purse strings this year. While most shoppers will once again spend less than $500 on back-to-school items this year, the share of shoppers spending between $100-$500 rose year-over-year from 63 percent in 2015 to 75 percent this year.

“This year, we found that consumer income seems to have little effect on their budgets or behavior when it comes… Read More

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Categories: Americas Retail and tagged , , , , .

Before Swiping Right was a Thing – Summer Love Series

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JLL’s #LetsGoShopping campaign launched in May, and sparked an industry-wide conversation about the undeniable emotional tie between shopping centers and the consumers who routinely frequent them. Today, the firm launched the third installment, Summer Love, which tells the story of falling in love and the relationships made at brick-and-mortar shopping centers. Watch our Summer Love video and read Beth Faulkner’s real life, retail love story.

… Read More

Marketing + Mall Cop = Love (not
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Categories: Americas Retail, Retailers and tagged , , , , , , .

#LetsGoShopping this Father’s Day

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Sometimes Dad needs a little help upgrading his look. Join the #LetsGoShopping campaign and see how you can help dad find what he’s looking for this Father’s Day.

There are endless reasons why 92.5% of sales still happen in-store.
Join the movement and find what you’re looking for. #LetsGoShopping

… Read More
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Categories: Agency Leasing, Americas Retail, Retailers and tagged , , , , , , .

Going Global: ICSC ReCon Takeaways Retailers Should Consider

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What does it take for a retailer to be successful when expanding globally? At ICSC RECon today, Holly Cohen, Vice President of Global DTC Real Estate and Store Construction for Nike Inc., Karen Janes, Senior Vice President of Global Real Estate for Ralph Lauren, Michael Chu’di Ejekam, Chief Executive Officer of Atreos in Lagos, Nigeria and David Zoba, Chairman of JLL’s Global Leasing Board shared their insights.

Five key takeaways… Read More

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Categories: Americas Retail, Asia Pacific Retail, Digital Retail, EMEA Retail, ICSC Events, Retailers and tagged , , , .

Luxury Retailers Broaden Horizons to Target Urban U.S. Meccas

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The global luxury market continues to outpace expectations. Luxury spending exceeded €1 trillion last year largely driven by personal luxury good purchases. Americans were the second-largest group of luxury buyers behind the Chinese, making up nearly a quarter of the global luxury spend worldwide. But as Karl Lagerfeld famously said, “keep the best, forget the rest” and today’s luxury retailers are doing just that by selectively targeting 11 major U.S. cities… Read More

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Categories: Agency Leasing, Americas Retail, ICSC Events, Retail Transactions, Retailers and tagged , , , , , , , , .