Archive for the ‘Industry Headlines’ Category
Industry Headlines: March 8
- Retail rebound: ‘A list’ spaces are back in style: Recovery arrives for those at the top, but other centers and retailers still struggle. (Chicago Business)
- Well-Off, Educated and Tech Savvy: The New Couponer: Think coupons are a tactic to bring in lower-income customers? Not quite. Many of the most dedicated couponers have annual household incomes that top $100,000.
- Target ponders shifting design launches to December: Limited designer lines have been a huge success for Target. Could they be used to make the holidays even merrier? (Star Tribune)
- Wal-Mart: ‘U.S. Business Is Back on Track’: At least for Wal-Mart, thinks are looking good once more. (Forbes)
- Sears closing of top locations opens door for U.S. rival: Looks like doors are opening for Nordstrom’s move north. (Globe and Mail)
- NPD: Shoppers Mastering Art Of ‘Showrooming’: When shoppers use retail locations as dressing rooms for online shops, there may be an opportunity to convert them to customers. (MediaPost)
- Hear No Evil: While it can be tempting to avoid the headache of tuning in to the things people are saying about your brand online, it’s sure to cause problems in the long run. (NRF Stores)
- Want a job? Retail’s got them: Retail hiring is on the rise, even if the workforce is reluctant to apply. (Retailing Today)
- Small-shop leasing a challenge for landlords, conference told: Mid-sized retailers are doing okay, but for the spaces that really need a small shop, landlords are coming up empty. (Shopping Centers Today)
- Palms mall owners defend building safety: A $20 million rebuilding effort after the Christchurch earthquakes of the past two years threatened by rumors of shoddy construction. (3 News)
Written by Nissa on March 7, 2012 – 11:00 am -
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Industry Headlines: March 1
- Retail, consumer survey fuel recovery hopes: February’s retailer sale were better than expected in the UK, taking some weight off quite a few shoulders. (Reuters)
- Foodies drive gourmet market boom in S. Africa: It won’t overtake fast food anytime soon, but the artisan food market might be worth taking a look at. (China Daily)
- Bill would switch “President’s Day” to “Washington’s Birthday.”: Along with the branding change, this could impact retail sales as a long weekend could be lost in many years. (National Retail Federation)
- Malls review mix as fashion falters: Fashion has long been a staple of shopping centers everywhere, but Australian centers are considering whether it’s time to cut down. (The Age)
- Teens have more savvy and cash, and Portland-area malls are taking note: Shopping centers and teens are always a potentially volatile mix, but turning them away may mean turning away a valuable demographic, one that increasingly makes household purchasing decisions. (Oregon Live)
- Canadian retailers warn of ‘slow growth, no momentum’: As major US retailers move into the country, homegrown retailers grow nervous. (The Globe and Mail)
- 10 Consumer Trends Wreaking Havoc On Brands: A broad look at the things changing our landscape. (Forbes)
- The Indie Woman: A close look at the demographic of women 28-34, either the end of generation X or the start of the millennials. (AdWeek)
- General Growth to buy 11 Sears department store sites: This is an interesting acquisition. The company is buying up underperforming anchors to either find new tenants or redevelop the space. (Chicago Tribune)
- Risky Retail Bet in Manhattan Turns Rosy: Though it seemed like a longshot, an indoor shopping centre in Manhattan has turned out very well. (New York Times)
- Shopping Centre Council tells ACCC it won’t cooperate on retail tenancy code of conduct: The gloves are coming off in the conflict over the voluntary code that may soon be in place in Australia. (SmartCompany)
Written by Nissa on February 29, 2012 – 1:22 pm -
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Industry Headlines: February 23
- Retailers revamp with a high-tech makeover: Are greeting robots and the like the future of retail? (The Globe and Mail)
- Proof that tablets are here to stay: If there was any doubt… (Shop.org)
- RioCan chief says half of acquisitions this year will be in the U.S.: Pleased with the performance of its U.S. portfolio, RioCan continues to expand its investments(Winnipeg Free Press)
- Virtual shop perfect for the young and upwardly mobile: Window shopping becomes far more literal with the advent of QR code adverts. (Sydney Morning Herald)
- Record gap between highest and lowest shop rents: The high street suffering strikes far and wide. (Reuters)
- Where Gen Y Will Shop in 2012: Luxury and menswear is on the rise. See what else the studies have to say. (Forbes)
- Early Spring for Home Improvement: A light winter has home improvement retailers happy as spring cleaning and renovations start early. (Wall Street Journal)
- Costco cuts a path into competition: The retailer is planning significant expansion. (Sydney Morning Herald)
- Menswear and Oxblood: Trends You’ll See at the Mall this Fall: Another look at what’s to come. (Daily Finance)
- Shopping centres set to get bigger: New trading hours in Perth could mean significant retail expansion in the area. (The West Australian)
Written by Nissa on February 22, 2012 – 2:55 pm -
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Industry Headlines: February 16
- Retailers report strong finish to 2011: Independent British retailers had a good year, and a great fourth quarter. (The Guardian)
- Microsoft eyes Canada for first store outside U.S.: Microsoft is ramping up its retail presence again and could be moving into new territory. (The Globe and Mail)
- Retailers, stand by your man: Turns out that men’s clothing sales might be one of the best barometers of the retail industry – and things are looking good. (CNBC)
- Retail sales and business inventories both rise in January: Looks like the latest retail funk in the US may begin clearing up soon. (USA Today)
- Westfield Finds Canadian Partner for U.S. Malls: Looks like CPP is on the acquisitions path again. (Wall Street Journal)
- Luxury Shopping Malls Thriving: Taubman Sees Rising Sales, While Kmart, Sears Cut Back: We keep hearing about outlets and discount stores doing brilliantly, but this picture looks a little different. (Huffington Post)
- PayPal exec woos big retailers with pricing, data: Though it’s owned by one of the biggest forces in online retailing, PayPal wants to be the new way to pay at brick-and-mortar stores. (Reuters)
- Comfort food for malls: Targeting specialty retailers for foodies is working out quite well for some Australian malls. (The Age)
- Consumers Rally Around JC Penney, Ellen in Face of Hate Campaign: The controversy around the choice of spokesperson seems to have been smaller than it first appeared. (Advertising Age)
- General Growth Fourth-Quarter FFO Rises as Tenant Demand at Malls Increase: Looks like GGP is pulling out from under the shadows of its past financial difficulties. (Bloomberg)
- Navy likely new black at New York Fashion Week: And old is the new new, apparently, with retro designs stretching all the way back to the 20s. (Canada.com)
- Massive Dubai Mall to get bigger: Another million square feet are in planning stages now. (Gulf News)
Written by Nissa on February 15, 2012 – 1:09 pm -
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Industry Headlines: February 9
- Kindle-wielding Amazon dips toes into physical world: It’s not completely confirmed, but wouldn’t it be lovely if more online retailers considered doing this? (Reuters)
- How About Gardening or Golfing at the Mall?: Despite the usual “malls are dying” doom and gloom, this is an interesting read about the various ways shopping centers are adapting to vacancies and social changes. (New York Times)
- Walmart to spend $765 million on Canada stores by 2013: With Target encroaching on its territory, the retailer plans to beef up its presence. (Shopping Centers Today)
- Tablet Owners: More e-Commerce In Digital Magazines: There are two ways to look at this. Either that e-commerce is even encroaching into the previously safe print world, or that this is a fantastic opportunity for centers to give shoppers what they want in their own digital publications. Imagine the integration possibilities! (MediaPost)
- Top 10 Retailers With The Most Sales Worldwide: No huge surprises here, but it’s nice to see that plenty of anchor-type tenants top the list. (Huffington Post)
- Discounters post solid results for January: Another retail segment that’s riding high in the current economy. (Retailing Today)
- Esprit to Close All Stores in Unprofitable North America: This has been coming for some time, but it’s finally official. Sad news. (Bloomberg Businessweek)
Written by Nissa on February 8, 2012 – 12:57 pm -
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