June 25, 2015

Sears has opened a new connected home flagship store near Silicon Valley and Ryan Ciovacco, president of consumer electronics and connected solutions, spoke with Retailing Today about the major initiative.

June 25, 2015

While the Confederate flag has been an increasing source of controversy in recent years, retailers have long sold items featuring its image with no major outcry. But following the tragic shooting in Charleston, consumer sentiment against the “Stars and Bars” intensified to a degree that made selling Confederate flag-themed merchandise unacceptable to a large portion of the public within a few days.

June 24, 2015

The higher numbers of store closings are far from over, and it would not be accurate to refer to 2015 as a total turnaround, but it does seem noteworthy that there are significant categories of retail that have aggressively moved to capitalize on opportunities.

June 23, 2015

In the wake of a racially motivated mass shooting at a historically black Charleston, South Carolina church, major retailers are announcing that they will no longer sell merchandise featuring the Confederate flag in stores or online.

June 9, 2015

As newer and more improved technologies continue to create an overwhelming amount data, the ability to manage this data efficiently and cost effectively is no longer an option; it’s an absolute necessity. But big data is still causing major headaches for organizations that don’t have a plan in place.

June 1, 2015

With major data breaches making headline news on a near-weekly basis, the retail industry is increasingly focused on cybersecurity. When creating their cybersecurity plans, retailers should:

May 27, 2015

Brown Shoe Co., which will soon change its name to Caleres, reported a strong first quarter, with net earnings rising 24.8% to $19.3 million amid better-than-expected same-store sales and strong margins.

May 26, 2015

I just got back from the International Council of Shopping Centers’ (ICSC) 2015 RECon Convention in Las Vegas, and I came away feeling as good as I have about the state of the industry in some time (and it wasn’t just the weather, which was delightfully on the cool side). Judging by the buzz on the floor at the convention center, the action was definitely heating up.

May 18, 2015

The U.S. dollar has risen by more than 20% against the other major currencies over the last year, buoyed by a respectable if not torrid economic recovery and sinking oil prices, among other factors. That could be a breath of fresh air for U.S. shoppers with a taste for imported goods. For global mega-brands like PVH, Microsoft and Coach, however, the implications are closer to a gathering storm.

May 7, 2015

Americans modestly increased their spending in April, with growth across most major purchase categories, according to Visa’s Retail Spending Monitor (RSM), a quarterly report that tracks retail spending patterns based on real-time purchase data.

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

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

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

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

Despite claims that e-commerce will overtake traditional retail space, physical store locations are still attractive to retailers. In fact, they plan to open over 76,000 stores in the next 24 months, according to RBC Capital Markets data. And while several major retail closings have been announced this year, other retailers are stepping up expansion plans for new stores and concepts.

April 30, 2015

The Shoppes at Middletown brings specialty retail and dining to affluent eastern Monmouth CountyA unique new shopping center is being designed to bring boutique and specialty retail and dining options to eastern Monmouth County in Central New Jersey. The Shoppes at Middletown, at 380,000 sq. ft., will emerge as a premier town center development when it opens in 2017. The project will be developed on 50 acres of the overall 120-acre project, and will feature 2,200 ft.

April 6, 2015

The Food Marketing Institute (FMI) is reportedly asking major credit card companies to delay the October 2015 mandate for U.S. retailers to comply with the Europay, Mastercard Visa (EMV) chip-based payment card standard.

March 25, 2015

“You can’t get your nails done online, you can’t get dry cleaning done online and you can’t eat the Internet.” These are the dominant themes from retail clients (property owners) over the last few years. Today’s shopping center acquirers are looking for “necessity centers” with a stable rent roll. These centers consist of restaurants, nail salons and other destination retail that is not competing with e-commerce.

March 6, 2015

The normally staid lighting industry is in a state of flux due to disruptive technologies, such as solid-state light sources and intelligent lighting control. Here’s a look at four metatrends that are likely to shape the future of lighting:

March 2, 2015

X Team International announced that Oregon-based partner New & Neville has been retained by CAPREF Lloyd Center, LLC as the broker for leasing of the Lloyd Center during and following its renovation.

February 10, 2015

One of the interesting retail real estate trends I’ve been seeing pick up steam in the last couple of years is the willingness of many retailers to look beyond the traditional mall locations. Many are choosing locations on “hot streets,” bustling avenues within major communities that happen to be the retail hub, or in the downtown/village center area of the market.

February 10, 2015

Simon announced today that Livermore Premium Outlets, the Bay Area's premier outlet shopping center, will be rebranded and named San Francisco Premium Outlets in conjunction with its major expansion.

February 4, 2015

The office supply stores industry already exhibits a high level of market concentration, with the two largest companies (Office Depot Inc. and Staples) accounting for the vast majority of industry revenue. This merger would bring 73.6% of the total market share under the control of the newly formed entity.

January 27, 2015

Commercial builder Bernards is currently constructing two major downtown Los Angeles mixed-use projects: Grand and 12th, a major multifamily project in the popular South Park district, and Olive at Pico – both owned by The Wolff Company and designed by TCA Architects.