Strategy

In the face of an increasingly complex retail real estate investment environment, and a world where constantly evolving technology enables us to be connected 24/7 with both current and potential partners, as well as have access to real-time market and property data and analytics at our fingertips, retailers and commercial real estate professionals are being increasingly challenged to be more nimble, flexible and connected than ever before — and to find new ways to maximize efficiency and productivity in the non-stop deal-making environment.

Los Angeles -- CBRE Group announced that Melina Cordero, a retail analyst, consultant and researcher has joined the company as head of retail research, the Americas. Cordero will work closely with CBRE Retail business-line leaders and professionals to generate innovative, in-depth research and analysis to inform CBRE clients about the ever-changing retail and shopping center industries.

Yogasmoga, the made-in-America, Yoga-inspired athletic apparel retailer, is coming home.

The company, which is based in New York City, will open its first Big Apple location this spring. The store, in the NoHo section of downtown Manhattan, marks a continued commitment to expansion for the eco-conscious brand, which opened 10 stores in 2015.

Burberry is going its own way — and it’s not alone. Reflecting the consumer’s demand for instant gratification, the high-end fashion brand is moving to a new system whereby it will show its new collections on the catwalk the same time they are available for sale in the stores — as opposed to six months beforehand, the New York Times reported. Shortly after Burberry’s announcement, designer Tom Ford said he would show both his men’s and women’s fall collections together next September, at the same time as the clothes were available to buy.

Houma, La. -- X Team International announced that partners Venture Commercial Real Estate and SRSA Commercial Real Estate completed a 20,023 sq. ft. lease for Northern Tool + Equipment in Houma, Louisiana, at the Houma Power Center.

This location will be Northern Tool + Equipment’s second in Louisiana, and will join a strong tenant mix including: Old Navy, Burkes Outlet, Shoe Carnival and Pier 1 Imports.

Sally Beauty Holdings observed a major milestone recently with the opening of its 5,000th location, but the $3.8 billion Texas-based retailer has even bigger ambitions for more stores and new services as it vies for market share with mass and specialty players.
 

Nordstrom is launching a new national marketing campaign withprint, digital and video components as the retailer seeks to improve its connection with younger customers.

New York -- RCS Real Estate Advisors announced it has been retained by Hancock Fabrics, debtor-in-possession, to generate value for the estate through the sale of leases. RCS Real Estate Advisors senior VP Spence J. Mehl made the announcement.