Content about Person Location

June 18, 2014

Branding agency CBX has named Anthony Simon as group director of branded environments.

May 2, 2014

Toward the end of 2008, it became painstakingly obvious to retailers that impulse spending was out and frugal saving was in. Faced with an imminent recession, staggering job loss and quickly depleting discretionary and savings accounts, consumers began to shift their focus to value. The impact of such a large-scale economic event and an abrupt consumer focus shift would appear to alter the fundamental realities of retail.

May 2, 2014

Even as the economy continues on a path of slow improvement, brick-and-mortar retailers still find themselves in a real estate market with few vacancies and even fewer new malls under construction. In addition, corporate management remains reluctant to expend any more capital than it feels is absolutely necessary to meet immediate needs.

May 2, 2014

When building an urban store, be prepared for anything, and make friends with your local Economic Development Corp. early, said retailers and a developer at the “Setting Up Shop Downtown” session.

It’s critical to get the local community on board and solicit their comments early, advised Terry Pratt, senior tenant coordinator of Philadelphia-based PREIT, particularly regarding lighting and signage.

May 1, 2014

Ten years ago, demographic experts predicted a looming talent shortage: When the massive baby boom generation retired, the small Generation X would not have enough experienced leaders and managers to fill the positions that boomers would vacate.

April 30, 2014

The recession lit the fuse that has produced an explosion of outlet center development. 

The shrinking recession-era economy forced consumers to shop down, to seek out values, to wait for sales and to relentlessly refuse to pay full price. Even as the economy has begun to improve, consumers retained their commitment to off-price shopping. Lack of demand choked off the new development of malls, open-air centers, power centers and other kinds of full-price shopping centers.

April 4, 2014

All lawsuits relating to the 2013 data breach at Target Corp. will be consolidated before a single court in Minnesota.

February 26, 2014

SRS Real Estate Partners has hired Michael Straus as an associate in the Chicago office.

February 18, 2014

Richard N. Cabela, co-founder and chairman emeritus of the $3.6 billion, outdoor outfitters chain, Cabela’s Inc., died Monday at his home in Sidney, Neb.

February 7, 2014

Jones Lang LaSalle has appointed Byron Howard as VP in the firm’s Dallas office.

January 9, 2014

Franklin Flea’s successful holiday season earned the once-a-week indoor flea market a return booking for April.

January 7, 2014

On Nov. 4, 2013, a man with a rifle walked into a mall just before closing time and fired several shots into the air. The gunfire terrified shoppers at the Garden State Plaza in Paramus, N.J., and sparked a massive police response, followed by a tense six hours as cops searched for the gunman and evacuated panicked employees and customers. The gunman eventually shot himself in the head in a secluded part of the 2.1 million-sq.-ft. mall.

January 6, 2014

Marc Gobé, an award-winning store designer and marketing and branding expert, passed away Friday in New York, of a brain tumor.

December 13, 2013

Schimenti Construction Company completed ground up construction of two Target department stores, in Huntington and Staten Island, N.Y. — overcoming unique challenges exacerbated by Super Storm Sandy along the way.

December 11, 2013

“I have a shirt I know you’re going to love.” Those who may be skeptical when hearing this from a retail salesperson may soon find their phones to be more reliable shopping guides.

November 18, 2013

Trabocco Kitchen and Cocktails, a new restaurant founded by Alameda residents Chef Giuseppe Naccarelli, a native of Palombaro, Italy, and his wife Christine, will open Nov. 18 at South Shore Center in Alameda.

November 5, 2013

A lone gunman who entered the Garden State Plaza in Paramus, N.J., with an assault rifle the evening of Nov. 4 and went on an hours-long shooting rampage has reportedly been found dead of what appears to a self-inflicted gunshot wound.

October 22, 2013

I’ve tapped Dave Cheatham from Phoenix-based Velocity Retail Group, an X Team International Partner, to help me examine the recent ups and downs of the local retail market in Arizona — and what the lessons learned here mean for brick and mortar retailers nationwide.

October 3, 2013

Power centers have proven themselves to be a resilient asset class in recent years. First the recession cut into business. Then e-commerce leveled some of their big-box tenants, hurt others and ignited a downsizing trend. 

Yet research from Washington, D.C.-based CoStar Group shows that only 2% of power centers have vacancy rates of 40% or higher and probably won’t recover. Another 6% have vacancy rates of 20% to 40% and are in serious condition but may recover.

After all the carnage, only a little more than 2% can’t recover? How can that be?

October 1, 2013

George Taylor, a University of Pennsylvania Wharton School professor, came up with a theory called The Hemline Index in 1926. The theory identifies women’s hemlines as a leading economic indicator. Rising hemlines indicate that stock prices will begin to rise in the not-to-distant future. Falling hemlines indicate the falling stock prices and economic decline.

September 26, 2013

Governor Jerry Brown of California signed a bill approving a $2 hike in the state’s minimum wage, with the increase to be rolled out during the next three years.

August 5, 2013

By Colleen A. Conry, Jane D. Goldstein, Natalie Logan and Alicia Suarez, Ropes & Gray LLP. Conry

July 31, 2013

Dunkin’ Donuts has opened two new locations at Great Wolf Lodge Resorts in Michigan and Virginia.

July 3, 2013

Federal Realty Investment Trust has announced that Russ Joyner has joined the company as VP-general manager of Assembly Row.

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