ARTICLES BY THIS AUTHOR
- 11/22/2021
Kohan acquires former Simon Mall in Pennsylvania
Kohan Retail Investment Group, the fallen mall resuscitator willing to operate properties with 20%-plus vacancy rates, has purchased Montgomery Mall in North Wales, Pa., for $55 million, according to the Philadelphia Business Journal. - 11/18/2021
Analyst: Supply chain snafus won’t make a big difference this Christmas
A customer engagement expert who’s tracked holiday shopping patterns for more than 30 years holds that a discombobulated distribution system will have little effect on how people shop in the coming weeks. - 11/16/2021
Retail winners of past year: Target, Best Buy, and dollar stores
During a three-hour webinar yesterday, foot traffic analyst Placer.ai, itself a big winner over the past year, asked panelists to name the retail brands they thought conquered the pandemic. - 11/16/2021
Tenants: How you can tour 10 centers (or more) in one day
Well-capitalized brands are expanding as the pandemic winds down, among them DTC retailers and restaurant chains seeking specially located and designed spaces. - 11/16/2021
Amazon 4-Star and Warby Parker to open at Cherry Hill Mall
Prominent online brands continue to expand to high-profile physical retail locations, the latest being Amazon 4-Star and Warby Parker signing leases at the super-regional Cherry Hill Mall in New Jersey. - 11/14/2021
Solstice Sunglasses reduced rents significantly to exit Chapter 11
With its revenues slashed in half by mandatory store closings in 2020, Solstice Sunglasses sought bankruptcy protection and emerged from Chapter 11 with fewer shops and smaller rents. - 11/14/2021
Placer.ai: The holiday shopping season may have begun in October
There isn’t a retail research firm or an investment house that hasn’t predicted an early start to a holiday season in which product availability is being curtailed by supply chain problems, and Placer.ai’s October Mall Index indicates Christmas shopping is underway. - 11/10/2021
Survey: Six out of 10 Americans say they’d buy all a mall’s merchandise online
A company that creates digital marketing and e-commerce programs for malls did a survey of 569 American consumers and found that they’re hankering for digital connections to their favorite shopping centers. - 11/9/2021
New Staten Island center will open 14 tenants this fall
Kimco Realty's major addition to retail real estate in the New York City borough of Staten Island will get big attention from now through December when 14 tenants plan to open. - 11/9/2021
CBRE: Holiday sales could soar as much as 10.5% over 2020
Global real estate services company CBRE expects a 10-year-high 8% rise in brick-and-mortar sales this holiday season, a boost that could result in a rise of between 7% and 10.5% in total retail sales.