Industry Headlines: December 19, 2013
- Siam Paragon, an unprepossessing Bangkok mall, tops Instagram list: One mall has the honor of being the most Instragrammed location in the world. (South China Morning Post)
- Startup Offers Same-Day Delivery at Shopping Malls: Four of the largest American mall operators are working with the company. (Wall Street Journal)
- Fresh supply of mall space up 39% in 2013: Indian retail space is expanding rapidly. (Economic Times)
- What’s next: Retail 5 years in the future: Responsive retail is coming. What’s it all about? (Inside Retail)
- Retailers extend hours to help time-crunched shoppers: A shorter shopping season means even longer holiday hours for many retailers. (USA Today)
- Retail sales rise in November, boost economic outlook: Last month was a good one for US retailers, with the biggest bump in five months. (Reuters)
- Independent bookstores turn a new page on brick-and-mortar retailing: Long thought to be dead, independent bookstores are once again on the rise. (Washington Post)
- Santas in high demand as UAE retail sector booms: Bilingual, Arabic-speaking Santas are particularly prized. (The National)
- Millennials Start Their Holiday Shopping Way Before Their Parents: Wonder how holiday shopping skews amongst the younger and older sets? Adweek has a handy infographic. (Adweek)
- Many Americans shoppers don’t buy into holiday discounts: More than 70% questioned were cynical about holiday deals. (Retailing Today)
- Carrefour-Led Group Buys Malls in $2.75 Billion Land Deal: 127 European malls are involved in the deal. (Businessweek)
- Simon will spin strip center holdings off into a separate REIT: The company is focusing on its larger enclosed malls. (ICSC)
- Walmart, Kmart ‘Layaway Angels’ spreading hope, Christmas miracles: Christmas is a difficult time of year for many, and it’s wonderful to see people doing what they can for strangers’ families. (Deseret News)
