Let me tell you a story. Continue reading “Tired of Treading Water? (Based on a True Story.) By Jen Hudson”
Retail Remodel: Partnerships & Success by Bridget Grams
Retail Remodel
Are partnerships the key to brick-and-mortar success?
by Bridget Grams and Mark Richardson
In today’s slowly improving economy, retail success depends upon regularly updating the customer experience and a constant focus on managing occupancy costs. One way to accomplish both of these goals is to combine store remodeling campaigns with commercial lease restructuring efforts. With a partnership approach between tenant and landlord, these seemingly unrelated and potentially conflicting efforts can have a beneficial outcome for both parties by creatively aligning incentives. Continue reading “Retail Remodel: Partnerships & Success by Bridget Grams”
Beyond the E-tail Era by Jennifer Norbut
Beyond the E-tail Era
New factors are shaping retail’s next phase.
by Jennifer Norbut
The sharp rise in e-tailing and its game-changing impact has created a new normal in the retail real estate sector. Major national retailers are evolving their strategies in an effort to “survive and thrive” in this new market dynamic. “The good news is that even though Apple, Netflix, Amazon, eBay, and other online giants killed record stores and video rental shops and are in the process of doing the same to electronics and bookstore big boxes, e-commerce will never replace the brick-and-mortar shopping experience,” says Sean Glickman, CCIM, managing director of Glickman Retail Group in Maitland, Fla. Continue reading “Beyond the E-tail Era by Jennifer Norbut”