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The “Great Mall Resurgence” in the American retail market

Inside Retail

The multi-store shopping centre steadily grew in popularity in the US, hitting peak popularity in the 1980s. According to a report released by real estate agency Cushman & Wakefield, in the first quarter of 2024, shopping center vacancy reached 5.4 As Baird warned, “Retailers need to pick their malls carefully.

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Digitized In-Store Shopping Experiences are the Future of Retail Marketing

Retail TouchPoints

retail sales surged 9.8% , thanks to a third stimulus check and the gradual relaunch of in-store shopping. As more and more people get vaccinated, they will return to brick-and-mortar stores in even greater numbers, and that means retailers need to start preparing for an influx of foot traffic. In March 2021, U.S.

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Retail Experience: Insights into the Future of Shopping

Tokinomo

Empower Your Employees with Data-Driven Decision Making: Delivering an exceptional retail experience is paramount. From personalized service to strategic inventory management, every aspect of the retail experience plays a crucial role in attracting and retaining customers.

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What do Amazon’s Prime Day results reveal about the US retail market?

Inside Retail

Few events get the American retail industry buzzing quite like Amazon’s Prime Day, an annual shopping event with deals exclusively for Prime members. Another element was the increased focus on back-to-school shopping. Kaushik also noted that “Prime Day results indicate retailers can be optimistic about the holiday season”.

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When Customers Aren’t Holiday Shopping, They’ll be Streaming

Retail TouchPoints

But what retailers might not know is that the holidays are also the biggest season for streaming. When customers aren’t actively searching and shopping for gifts, they are spending an elevated amount of time watching their favorite TV shows and movies — especially holiday classics like How the Grinch Stole Christmas and Elf.

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Faris Lee: Unlocking Investment Opportunities in Today’s Retail Market

Shopping Center

At the ICSC LAS VEGAS 2024 conference, Nellie Day of Retail Insight discussed the current investment climate with Shaun Riley, managing principal of Faris Lee Investments. Riley highlights key… The post Faris Lee: Unlocking Investment Opportunities in Today’s Retail Market appeared first on Shopping Center Business.

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Investment fund takes half share in Brisbane’s Grand Plaza Shopping Centre

Inside Retail

A 50-per-cent share of Brisbane’s Grand Plaza Shopping Centre has been acquired by EG Australian Core Enhanced Funds for an undisclosed amount. EG’s head of capital transactions, Sean Fleming, said Grand Plaza mall will benefit from the anticipated capital growth and cap rate compression across Australian retail markets this year. .

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