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)
