Archive for the ‘Industry Headlines’ Category
Industry Headlines: June 13, 2013
- Shopping Mall Patronage Is On The Rise Over The Past Year: Plenty of great news in the results of this survey by Glimcher Realty Trust (Forbes)
- Retailers Battle Merchandise Credit and Gift Card Fraud: Organized retail crime has shifted—now cards are the problem plaguing your retailers. (Wall Street Journal – subscription required)
- Hawaii’s beaches take backseat to shopping malls for Chinese visitors: Always good to know the habits of your international visitors. (Skift)
- Nordstrom vows to push ‘fragile’ customer service reputation in Canada: The retailer expresses its intent to keep that reputation going strong as it moves north. (Financial Post)
- EBay to open ‘shoppable windows’ in New York: Wall real estate becomes ever more valuable. (Reuters)
- NRF survey says Dad’s in for a good Father’s Day: Shoppers are digging deep for dad this year. (Retailing Today)
- A retail tenants’ market as shopping centre rental growth slows: Jones Lang LaSalle: JLL’s latest quarterly survey paints a pessimistic picture. (Smart Company)
- Cash payments stage a comeback: The promise of a cashless society hasn’t quite been fulfilled. (The Guardian)
- Lululemon CEO Christine Day stepping down: The suddenly beleaguered yoga clothing retailer looks for a change at the helm. (CBC)
- Mall merchants want to wish mystery baby a happy birthday: After a bit of excitement, a newborn shopper is missed by the retailers that were there for his birth. (The Province)
- No Tie-Ins. No Touch Screens. No Apps: Don’t be fooled into believing techie toys are all your shoppers want for their little ones—traditional toys are highly valued. (New York Times)
- Dubai Mall begins expansion to welcome 100 million visitors: Just in case the world’s biggest shopping center wasn’t big enough, it’s about to expand. (Emirates 24/7)
- Hong Kong is the hottest global market for retailers: More retailers have opened in Hong Kong in the past year than anywhere else on the planet. (Shopping Centers Today)
- US Retail Sales May 2013: Analysts Expect Biggest Growth In 3 Months Due To High Consumer Confidence, Improving Job Market and Rising Home Prices (International Business Times)
- Supermarkets Going Retro for New Store Sites: Supermarkets are more willing than ever to fit into pre-existing retail spaces. (Supermarket News – subscription required)
Written by Nissa on June 12, 2013 – 3:03 pm -
Posted in Industry Headlines | No Comments »
Industry Headlines: June 6, 2013
- West Edmonton Mall puts tenants, shoppers through lockdown drill: How one of the largest malls in the world handles emergency preparedness. (Edmonton Journal)
- Courting Thrifty Shoppers With Value and Quality: Premium brands look to become more accessible to average shoppers. (New York Times)
- US firms seek voluntary factory safety deal: The binding international agreement has been abandoned by American retailers in exchange for an opt-in negotiation. (Al Jazeera)
- Australia retail sales rise 0.2 pct in April: After March’s dip, a slight rise in April might not be sufficient, but it’s a start. (Reuters)
- Retail rents starting to inch up: One more barometer improves – LA retail rents are rising again. (LA Times)
- 1,000 EVs recharging at once: Coming to a shopping centre near you: It might be the (near) future, and no one is quite ready for it. (Renew Economy)
- Retail vital to economy, ICSC group reminds EU: Retail’s public image gets a boost. (ICSC)
- U.K. Retail Sales Rose in May: Furniture and flooring largely drove the demand. (Bloomberg)
- Even Mobile Shoppers Want Real Retail Experience: Mobile shopping misses the satisfaction of brick and mortar. (Business News Daily)
- EBay, Walmart, McDonald’s Top Cause Fundraisers: The brands to watch when it comes to cause marketing. (MediaPost)
- Canada Pension Plan puts malls abroad in its shopping basket: An in-depth look at CPP’s successful decision to invest in shopping centers. (The Globe & Mail)
Written by Nissa on June 5, 2013 – 12:09 pm -
Posted in Industry Headlines | No Comments »
Industry Headlines: May 30, 2013
- Retail fundamentals on upswing, RECon attendees told: Despite plenty of doom and gloom predictions over the past few years, retail is doing pretty well.(ICSC)
- Taubman plans high tech shopping at University Town Center: The company will test technological approaches to managing showrooming. (Tampa Bay Business Journal)
- The future for British shops is bright, but retailers must get the mix right to attract customers: There are new types of shoppers, and retailers are adapting to them. (Telegraph)
- Shopping centre is new home to 10,000 bees: Shopping center roofs can make surprisingly good homes for bees. (This is Cornwall)
- Tiny Mall Kiosks Make a Surprisingly Big Impact: Some kiosk chains have long since hit the big time. (New York Times)
- Are Pop-up Stores Here to Stay?: An in-depth look at the business of temporary retailing. (Knowledge @ Wharton)
- Sears Canada could be turning around, despite Target: The retailer was widely assumed to be poised to fall to Target, but that might not be the case. (Financial Post)
- Wal-Mart to send automated shopping lists to its mobile app: Not content to just make shopping in-stores a little easier, the retailer now plans to have its app read shoppers’ minds. (Network World)
- ‘Hispanic Malls’ Drawing Crowds by Being Culturally in Tune: Cultural anchors are a fascinating idea. (Advertising Age)
- Nonanchor And Anchor Stores Equally Popular Among Consumers: Traditionally anchors are expected to carry most of the weight of drawing in shoppers. Apparently that’s changing. (Forbes)
- From Clicks to Bricks: Online Retailers Dabble in Physical Stores: Big online retailers find new life in malls and department stores. (Advertising Age)
- Family speaks out after mall refuses cart for autistic child: Halifax Shopping Centre faces a difficult situation, but all involved are choosing to see it as a learning opportunity. (CBC)
- What can shopping strips learn from malls?: A few lessons from the shopping center world. (Sydney Morning Herald)
Written by Nissa on May 29, 2013 – 2:15 pm -
Posted in Industry Headlines | No Comments »
Industry Headlines: May 23, 2013
- DDR to buy shopping center stake from partner Blackstone: In the $1.46B deal, DDR will take the lead in the partnership. (Reuters)
- Have We Reached Peak Retail Space?: Do we have all the retail space we’ll ever need (and more)? One brand seems to think so. (Forbes)
- Westfield in talks to sell 7 U.S. malls to Starwood – source: The two have worked together on big deals in the past, so this may be a natural extension. (Reuters)
- Consumers prefer malls to Internet: Online shopping has its (many) benefits, but there are plenty of levels it simply can’t compete on, and those things matter to shoppers. (SCT)
- Group urges retailers to reject card settlement: NRF is against the credit card industry’s swipe fee settlement, which it calls one-sided. (Bloomberg Businessweek)
- Clothing inspired by ‘The Great Gatsby’ flying off retail shelves: Guess which era’s hitting big this summer? (Yahoo!)
- Groups divided on Bangladesh Safety Overhauls: As the response heats up in Bangladesh, US retailers and retail groups hesitate. (Associated Press)
- Pinterest Adds Advertiser-Friendly Features: The social network’s attempts to monetize may just work out in retail’s favor. (AdWeek)
- ‘Lipstick effect’ hits China as economy slows: Small luxuries take the place of big brand purchases for many in China. (China Daily)
- Walmart, Operation Homefront saluting heroes together: The retailer’s commitment to find jobs for veterans is about to begin. (Retailing Today)
- Gen Y’s Favorites: JCPenney, Target, Walmart, Kohl’s: Don’t worry – Millenials still love to shop, and they still love to do so in malls. (MediaPost)
- ICSC Foundation receives $1M Melvin Simon bequest: A story of generosity that will have a big impact on the Foundation and those it serves. (ICSC)
- Good News for Shopping Center Mall Managers in Surveys: Rising traffic and occupancy is a good thing, but is all that traffic serving its purpose for the rest of the mall? (About)
Written by Nissa on May 22, 2013 – 1:15 pm -
Posted in Industry Headlines | No Comments »
Industry Headlines: May 16, 2013
- The rise of designer outlets in the age of austerity: Both tourists and British shoppers have embraced the designer outlet. (The Telegraph)
- Selfridges to offer ‘drive thru’ shopping: Another big retailer marries online and brick-and-mortar retailing. (London Evening Standard)
- Russia poised to become Europe´s second-largest shopping centre market: It will soon surpass the UK for shopping center square footage. (Property Market)
- You Can Now Tour the Inside of Rogers Retail Locations with Google Street View: More stores become explorable online. (TechVibes)
- Sarah Jessica for SM Aura: Global face for upscale mall: SJP recently arrived in Manila to take her place at the premier of the new center. (The Philippine Star)
- The Retailer-Designer Dating Game: Despite an unexpected loss of interest in designer collections, Target has big plans for partnering up. (The Wall Street Journal)
- House lawmaker vows to end ‘slap in the face’ of unfair sales tax laws: Now that the Marketplace Fairness Act has worked its way through the Senate, House supporters are getting ready for a battle. (NRF)
- Some Retailers Say More About Their Clothing’s Origins: Fair Trade clothing is becoming an ethical trend. (New York Time)
- U.S. 2 Percenters Trade Down With Post-Recession Angst: Luxury may have survived, but it did not weather the recession unchanged. (Bloomberg)
- The Hot New Online Retail Strategy: Pushing More In-Store Purchases: Huh. We’ll take it! (Time)
- Exhibitors, attendees anticipate a busy RECon 2013: The mood is good for this year’s RECon. (ICSC)
- A Smart Move: IKEA has benefited from working with the EPA. (Stores)
- Too Soon? JC Penney Ad Thanks Consumers for Coming Back: The brand has listened, and shoppers have returned. Or at least that’s the message it’s trying to send. (Advertising Age)
- Simon Property Group unveils plans for Clarksburg Premium Outlets at Cabin Branch: A look at a next-generation outlet. (Washington Post)
- Retail sales gain shows some strength in economy: Retail isn’t just looking good in jobs – numbers are up. (Reuters)
- Hundreds of Bangladeshi factories to shut indefinitely: Massive changes come to the Bangladesh textiles industry after disaster, and the echoes will be felt here at home. (ABC)
- Shopping centres “lack incentives” to become greener: Do you agree? (Link2Portal)
Written by Nissa on May 15, 2013 – 12:35 pm -
Posted in Industry Headlines | No Comments »
