REAL ESTATE

ICSC moves RECon to December in 2021, cancels all live events in Q1
Confident that the COVID-19 pandemic will continue to dog the retail industry well into next year, the International Council of Shopping Centers has cancelled all live events in the first quarter of 2021
Digitally native Tailor on Tap tries on brick-and-mortar
Tailor on Tap has opened its first physical store – in partnership with BrandBox.

ICSC Survey: Holiday shoppers will start earlier and spend slightly more than last year

Two-thirds of Americans surveyed by the International Council of Shopping Centers said they would begin making holiday purchases before Thanksgiving Day and nearly three-quarters plan to spend the same amount of money or more than they did in 2019.
True Food debuts in Ohio at Easton Town Center

True Food Kitchen, the healthy dining chain co-founded by Dr. Andrew Weil and co-funded by Oprah Winfrey, opened at Easton Town Center in Columbus this week, its first location in Ohio.
With 30 store openings this year, Florida has become Five Below’s No. 2 market

The pandemic has not interfered with Five Below’s aggressive expansion plans in the Sunshine State.
Malls are outperforming outdoor centers in shopper dwell time

During the first week of September, traffic at outdoor shopping centers was 24.6% lower than a year ago.
Southeastern Grocers expands Fresco y Más into new market

Southeastern Grocers is bringing its Hispanic grocery store brand to Southwest Florida
COVID-curbed theaters, restaurants held rent collections under 90% in September

Paid rents at retail centers ticked up from 81% in August to 83% in September, still far below the 93% collected last year at this time.
Check out Suitsupply’s expanded store in New York

Suitsupply is doubling down on experiential retail.
Apex Entertainment re-opens at Destiny USA

Apex Entertainment this week re-opened its 50,000-sq.-ft. activity center at Destiny USA, Pyramind Management’s 2.4 million-sq.-ft. retail, dining, and entertainment center in Syracuse, N.Y.