What might have been a standard trip to Hugo Boss turned exceptional when Amanda Goller spotted the new Ted Baker store at the Galleria. She hadn’t visited the high-end clothier since she worked in finance on Wall Street, a job she left two years ago for a corporate one in Houston’s energy sector. The London-based … More Galleria’s new luxury wing proves not all malls are dying.
Online retailer The Flex Company, which makes a disc-shaped tampon alternative, is opening its first pop-up store on Thursday on Wooster Street in New York City’s SoHo neighborhood. There, visitors can purchase Flex products and learn more about the history of menstrual products. Lauren Schulte, the company’s co-founder and CEO, hopes the pop-up store can … More No longer a one-off: How pop-ups became part of retailers’ core strategy
We continue to be surprised and inspired by new iterations of the concept store. Whilst a well-worn term, retailers worldwide are constantly rethinking the format. There are five storey department stores with ‘secret’ stockrooms for those in-the-know. There are gallery-stores that refresh with the seasons. Flower shops operate under the guise of a cafe. For … More 50 Best Concept Stores Worldwide – 2017
Experts Say These Were The Hottest Topics Discussed At ICSC RECon. More than 37,000 players in the retail and commercial real estate industry converged on Las Vegas from all over the country for ICSC RECon 2017, the biggest retail event of the year. Drinks were had. Deals were made. And the inner workings of the retail industry were discussed … More The Hottest Retail Topics Discussed At ICSC RECon 2017
Retailers and shopping-center owners are gathering in Las Vegas this week prepared to send a message: The demise of the American mall has been greatly exaggerated. Or, in the language of the moment, it’s fake news — mostly. It’s a hard story to sell. Store closures are accelerating, stocks are sinking and investors are speculating … More Shopping Mall Executives Say the Future Isn’t So Gloomy
Short term leasing is today an integral part of the shopping center landscape across North America. Specialty Leasing is growing, becoming more sophisticated and some interesting trends are emerging in this dynamic market place. Here’s the backdrop to this phenomenon: Landlords are under mounting pressure to introduce products and services that cannot be accessed on … More Specialty Leasing – the BIG opportunity for Shopping Centers
Even as anchor retailers such as JCPenney, Sears, Sports Authority and Macy’s downsize their store fleets, there are plenty of vibrant, newer concepts to replace them, experts say. Small-business optimism hit a low point 2009, but the entrepreneurial climate has been climbing steadily ever since. In January of 2016, the National Federation of Independent Business’ … More Rethinking Traditional Anchors.
From cosmetics to cars, seemingly almost anything is available through self-serve these days. The April Unattended Retail Tracker™ looks at how companies, from banks to restaurants and beyond, are incorporating automation to deliver products and raise brand awareness. Also, PYMNTS interviews Proactiv EVP Kimber Maderazzo about the skin care company’s investment in unattended kiosks and … More How Unattended Kiosks Are Connecting Consumers With Cosmetics.
New materials and new technologies are crafting a whole new generation of trendy yet functional kiosks. Here’s what’s on the horizon for this backbone of specialty retail. What is the one thing retailers would really love and can never get enough of? You guessed it…sales! In the world of specialty retail, still mostly dominated by … More Kiosks: Back to the Future.
As Macy’s and Sears close hundreds of stores, the divide between America’s best and worst malls is widening. But it isn’t only the weakest properties that are losing ground. Just as retailers shutter stores to funnel resources to their most coveted spaces, major mall owners are doing the same. Having already sold off many of … More While you’ve been paying attention to failing malls, these shopping centers are thriving.