Mass Merchant

Sports Authority’s remaining 320 store leases will be auctioned in June.  

Amazon.com is starting to appear like the ‘Teflon e-tailer.”   According to eMarketer data, Amazon captured $79.3 billion in U.S. e-commerce sales between April 2015 and April 2016, growing 13% year-over-year. Its next-closest rival, Walmart, took in just $13.5 billion online in that period. However, Amazon may not be invincible.    Here are three retailers who could pose a real challenge to Amazon’s e-commerce dominance:   

Amazon.com is starting to appear like the ‘Teflon e-tailer.”  

A store development executive from Gap Inc. has been tapped to head up real estate for Foot Locker.   Foot Locker announced the appointment of Scott Martin as senior VP – real estate, effective June 13. Martin succeeds Jeffrey Berk, who retired in April after almost 20 years with the company.    

For anyone looking at the current state of retail in the Midwest, one of the most fascinating things to track is how some of the macro trends we see in the marketplace today are the end result of years (sometimes decades) of evolutionary change.
 

At a time when the world of commercial real estate continues to evolve in new and different directions, many traditional malls find themselves at crossroads. To survive, mall owners and operators must make significant and sometimes dramatic changes in order to remain commercially relevant and financially viable.
 

It’s going to take some getting used to. That’s one of retail consultant Neil Stern’s first impressions of the new 365 by Whole Foods Market format, which made its national debut on Wednesday,  in Los Angeles. The store combines elements of a Trader Joe's, Whole Foods and Sports,  Stern said in a report by Forbes.
 

Over the last 12 annual trips I’ve made to Las Vegas for ICSC’s RECon real estate convention (which officially makes me a rookie in this industry of 20-, 30- and 40+-year veterans), I have always been able to detect some distinct trends.  

That doesn’t as much make me a trend-watcher as it does a good listener.  The retailers and shopping center operators and brokers who attend RECon each year tend to talk avidly in the aisles about the current events shaping the retail real estate industry.