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Strategy

  • Barnes & Noble puts the blame on election

    Cost cuts help improve Barnes & Noble’s profitability in the third quarter even as its sales continued to decline.    “While we are pleased to have improved our performance due to expense reductions, we did experience sluggish sales, which we believe are directly related to the election cycle,” said Len Riggio, chairman and CEO of Barnes & Noble. "With the election behind us, we hope and expect sales will improve over the holidays."  

  • Paid Sick Leave Laws Challenging for Retail Employers

    Paid Sick Leave laws have spread like wildfire across several states and cities, each with their own unique requirements.     Employers in California may find themselves navigating a web of requirements. The state of California’s paid sick leave statute went into effect in July 2015, and there are also local ordinances in the cities of San Francisco, Oakland, Berkeley, Emeryville, Los Angeles, Santa Monica, and San Diego.    

  • Mid-America taps lead tenant liaison

    Mid-America Asset Management has named Tracee Johnson senior asset manager, investing her with full responsibility for maintaining relationships with retail tenants.   Johnson, a 10-year veteran of Mid-America, will also be responsible for budgeting and operational planning and oversight of the more than 60 million sq. ft. of retail the company leases and manages throughout the Midwest.   Johnson is a licensed real estate broker in Illinois.

  • This retailer is donating 100% of its Black Friday sales to help the environment

    Talk about commitment.   Patagonia announced that its plans to donate 100% of its store and online sales on Black Friday, Nov. 25, to grassroots environmental organizations.   "These are small groups, often underfunded and under the radar, who work on the front lines," Patagonia CEO and president Rose Marcario wrote in a post announcing the company’s plans. "The support we can give is more important now than ever."   

  • Top exec at Office Depot to leave

    The president of Office Depot’s North American operations is stepping down.   Marc Crosby is leaving the company “to pursue other opportunities,” according to the Sun Sentinel, which cited a filing with the Securities and Exchange Commission. No date was given for his departure.  

  • Tanger opens its first center in Florida

    “Property Brothers” Drew and Jonathon Scott joined a slew of local dignitaries at last week’s opening of Tanger Outlets Daytona Beach, its 44th center and its first in Florida.   The Daytona location houses more than 70 stores, including H&M, Francesca’s, Perfumania, Rise Pies Pizza, and Under Armour.  

  • Tech Bytes: Three reasons why mobile employee engagement isn’t for everyone

    There is no doubt that employee-driven mobility programs are moving the dial on engagement, productivity and other business opportunities. However, too many companies are not asking the right questions when considering deployments.  

  • Report: Popular online brand to open brick-and-mortar stores

    The online retailer credited with disrupting the mattress category may be moving into the physical space.   Casper, which delivers its mattresses folded in a box, has plans to open a fleet of physical stores, according to help wanted ads placed on its website, according to the New York Post.   

  • In Q&A, Target chief merchant talks holiday

    Mark Tritton, chief merchandising officer of Target, discusses the chain’s holiday strategy of emphasizing low prices as well as highlighting private-brand clothes and splurges for the season in an interview with the Associated Press.  

  • What women want: A landscaping perspective

    Plenty has been written about the importance of infusing experiences into shopping centers. Much has been written about placemaking. But not nearly enough has been written about the role a well-thought-out landscape environment contributes to overall experience and the power of "place." It’s more important to women shoppers than you might imagine.   
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