April 30, 2015

Industry insiders are the best trend-watchers. Here’s what the experts are seeing.“There is more selectivity in the site selection process. There is a trend toward downsizing, and more non-retail tenants are taking interest. There is also a growing divide between A-plus real estate and everything else in the market. Everyone wants the best properties.” — Mark Dufton, CEO of DJM Real Estate, a Gordon Brothers Group company“Retailers are thinking about a smaller footprint, but in most cases not significantly smaller.

April 30, 2015

Gaining market share and geographic coverage are top priorities driving dealsRetail continues to rally for deals in 2015, and the sector could be on the cusp of another major year for mergers and acquisitions. Already this year, we’ve seen speculation about a number of potentially massive deals — from a possible buyout of Rite Aid by Walgreens Boots Alliance to the proposed merger between Staples and Office Depot. Looking across the industry, as part of BDO’s annual Retail Compass Survey of CFOs, we asked chief financial officers at leading U.S.

April 30, 2015

David’s Bridal gets personal with advanced digital analyticsThere are few events more personal in a woman’s life than her wedding.

April 30, 2015

GameStop uses beacons to put customers in charge of store promotionsRetailers often use in-store beacons to push promotions to customer mobile phones as they pass by. But video game retailer GameStop Corp., which operates more than 4,200 U.S. stores, takes a different approach.“In the store, we have multiple pieces of signage marking the location of beacons,” said Charlie Larkin, senior director of GameStop Technology Institute, the retailer’s in-house IT development center.

April 30, 2015

Our fastest-growing acquirers bought fewer square feet than in 2013. But the deals may be even better.Editor’s Note: The 26th annual Chain Store Age survey of Fastest-Growing Acquirers surveyed retail square footage purchased during the 2014 calendar year.Retail real estate acquisitions slowed in 2014. The year’s five Fastest-Growing Acquirers purchased approximately 10 million fewer square feet than the top five bought in 2013.That may be a deceptive observation.

April 30, 2015

Florida’s first transit-oriented development opens fall 2016It may be hard to imagine that the home to one of the largest public universities in the United States is somewhat undersung. But that’s exactly what the developers of the 1 million-sq.-ft.

April 30, 2015

Sean Claessen, executive VP strategy and executive creative director, Bond Brand Loyalty, spoke with Chain Store Age about how retailers can build customer relationships and loyalty in the era of omnichannel engagement.

April 30, 2015

The participating companies provide industry-leading solutions and services that aid retailers with the challenging task of navigating real estate. Specific areas where and these providers offer help include lease management, store growth and consolidation, portfolio management, strategic analytics.

A&G Realty Partners LLC    

Melville, N.Y.    

April 30, 2015

Data drives efficient retail real estate decision-makingMaking the right decisions with the right data is obviously something retailers strive to do in all areas of their business. However, when it comes to real estate, “getting it right” is even more critical.

April 30, 2015

The upcoming Oct. 1, 2015, mandate for U.S. retailers to adopt POS systems that can securely accept and process transactions using EMV (Europay, MasterCard, Visa)-compliant, chip-based payment cards is fast approaching. Retailers that are not in compliance with the mandate after that date will be held liable for any fraudulent transaction committed with a chip-based card. However, retailers that have not completed — or started — their compliance efforts should not necessarily panic.

April 30, 2015

A look at brands and categories that are growingI read CSA editor-in-chief Marianne Wilson’s recent “From the Editor’s Desk” column (page 8, March 2015 issue, Chain Store Age) with great interest. Her piece — “The store is back (even though it never left)” — touched on the topic of brick-and-mortar retail expansion and “the relevance of offline retail in an omnichannel world.”The article got me thinking in more detail about the retail expansion we are seeing in 2015. What brands are growing?

April 30, 2015

Tom Lichford, VP retail technologies, NRF, recommends retailers seeking to achieve compliance with upcoming October 2015 EMV mandate take the following five steps:1. CUSTOMER EXPERIENCE: “No matter what, start with customer experience,” advised Litchford. Retailers need to determine such factors as whether they will use self-service or traditional POS, customer prompts and screen displays, and how checkout speed will be impacted.

April 30, 2015

Liberty Center is Greater Cincinnati’s something-for-everyone developmentThere are mixed-use developments, town centers, and then there are PLACES, and Liberty Center is being designed to be just that when it brings 1.2 million sq. ft. of retail, restaurant, offices, residences, a hotel and three parks — including one inside the enclosed mall — to a young and affluent area of North Cincinnati.Liberty Center, opening Oct.

April 30, 2015

From international brands dropping anchor on U.S. shores and online players expanding in the physical space to familiar names with new formats and traditional start-ups, there is no lack of new concepts in the brick-and-mortar arena. Here’s a look at some with the biggest buzz.

TreeHouse

April 30, 2015

Restaurants and retail have fertile expansion ground in certain marketsWhile it’s true that technology, brick-and-mortar changes, and evolving consumer behavior are causing foundational shifts in the retail industry, a closer look at different U.S.

April 30, 2015

Bauer Hockey: Ice hockey equipment manufacturer Bauer Hockey is throwing its puck in the retail arena. The company will open its first-ever store this summer, in Burlington, Massachusetts, followed by a second location in the fall, in the Minneapolis area.

April 30, 2015

Our cover story this month is about one of my favorite topics: hot retail concepts. It’s a subject that, to my mind, never goes out of style because it speaks as much to the essence of retail in today’s omnichannel age as it did in the purely physical one.

April 30, 2015

The way retailers light their stores is experiencing a major transformation as more and more retailers adopt LED lighting solutions. The experts at PowerSecure Lighting (powersecurelighting.com) spoke with Chain Store Age about LED lighting trends and LED retrofits.What is the biggest trend you are seeing in retail lighting?The shift to LED lighting.

April 30, 2015

Major shopping center openings in 2014 beg the question, “Are we back on track?”Last year may be the first 365-day period since the Great Recession that there is enough new shopping center space to crow about.Chain Store Age’s annual development survey — spanning 26 years — reported pretty spotty new-build efforts from 2009 to 2013, but in 2014 some significant projects opened.

April 30, 2015

Beyond the 10 retail real estate pros highlighted as our Under 40 Rising Stars, we handpicked another 10 as the “Ones to Watch.” Following is an alphabetical list:Crystal Allen, age 31, VP, TranswesternD.J.

April 30, 2015

Front-end omnichannel success relies on back-end fulfillmentThe front-end promise of omnichannel retail cannot be delivered without investment in back-end technology and processes that allow fulfillment of orders across multiple channels. Retailers must eliminate internal silos and obtain real-time awareness of their full inventory.Omnichannel fulfillment is a difficult, but not impossible, task.

April 30, 2015

A shopping center owner is rolling out an innovative, universal loyalty cardHave you heard of the LOC Card?

April 30, 2015

This year’s Chain Store Age “10 Under 40” youthful overachievers — selected by nationwide search and nominations by colleagues — are intense, collaborative team-builders. Each talks about seeing, understanding and responding to the big picture — the whole forest. No one shies away from problems. They seek out big, creative challenges and work tirelessly until solutions emerge.This year’s group supports the broader industry, too. They are International Council of Shopping Center members, nationally and localy.

April 30, 2015

Canada represents a dynamic market for U.S. retailers looking for store expansion opportunities.