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51 Online Retailers Migrate from Screens to Stores

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Traditional retailers continue to evolve their businesses to be more online and mobile friendly, while conversely online retailers are aggressively looking to create physical storefronts to complement their web brands. According to JLL’s Screens to Stores report, there will be even more online retailers experimenting with physical locations in the next five years.

“E-tailers see the need to move their businesses into physical locations in order to grow sales and further market… Read More

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Categories: Agency Leasing, Americas Retail, Retailers 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 , , , , .

Put the Phone Down & Reconnect with Mom at the Mall. #LetsGoShopping

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There are endless reasons why 92.5% of sales still happen in store. Date Night. Just for Fun. Retail Therapy. The Right Fit. Family Bonding. The list is endless. JLL  Retail marketing believes the shopper and our industry wants to share in this movement and get shopping. This digital campaign is a call to action produced through four videos which speak to the emotional connection you experience when shopping. Twenty-three properties have… Read More

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Slow and Steady to Kick-Off Black Friday Promotions

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This week, after taking a tour around Town Center Boca Raton in Palm Beach County, it was clear that retailers – at least, most of them –were readying themselves for the holiday season.

Holiday Sales 13 Top Findings for the Start of Thanksgiving week:
  1. Red will be big this holiday. Sales were definitely in effect. Most retailers had some level of promotion, regardless
    2. … Read More
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Categories: Agency Leasing, Americas Retail, Holiday Shopping and tagged , , , , .

Will Black Friday Ever Come Back?

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There’ll be fewer Tryptophan-induced food comas for many this upcoming Thanksgiving weekend. Nearly one-third of retailers surveyed by JLL say they plan to open on Thanksgiving Day in order to get a jump on Black Friday sales. JLL’s 2015 Holiday Sentiment Report, which includes feedback from largely national or global retailers in JLL-managed shopping centers across the United States, also reveals more than half of those retailers expect an uptick in… Read More

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Categories: Agency Leasing, Americas Retail, Holiday Shopping, PERSPECTIVE, Retail Transactions, Tenant Representation and tagged , , , , , .

Holiday Pulse: Greg Maloney’s Five Black Friday Trends

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Yesterday, I traveled around Atlanta to get a feel for how Black Friday was performing and live tweeted my experience. I spent 12 hours shopping, and put more than 200 miles on my car while covering the entire north side of the city. Here are my five key takeaways:

1. Thanksgiving day openings just took away from Black Friday door busters, but those that didn’t open Thursday were packed, Home Depot to name one.

2. The only stores… Read More

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

Holiday Pulse: Shoppers Rest Up & Refuel Before They Hit Stores

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After a strong start on Thanksgiving evening, traffic died down overnight and remained lighter than past years this morning according to JLL-managed centers Holiday Pulse report.  Much like last year, retailers that opened yesterday traded Black Friday morning sales for Thursday evening sales but the impact was greater as more retailers opened on Thanksgiving Day this year.  All centers expect traffic to pick up later today after the diehard shoppers rest… Read More

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Categories: Americas Retail, Holiday Shopping, Retailers and tagged , , , , .

Holiday Pulse: Malls Reported Strong Traffic on Thanksgiving

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Shoppers did in fact hit the mall after the turkey tryptophan wore off last night, according to JLL’s Holiday Pulse Survey, which looked at a cross-section of JLL-managed properties in the U.S.  By all accounts, traffic was strong across the board and JCPenney and Victoria’s Secret were two of the biggest winners of the day.

Check out the top 6 center recaps of Thanksgiving Thursday:

  • South Park Mall: “Lines were in full force beginning at
    • … Read More
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Categories: Americas Retail, Holiday Shopping, Malls, Retailers and tagged , , , .