REAL ESTATE

Survey: Retailers plan to open more stores due to lower rents

BY Katherine Boccaccio

Los Angeles — A report released Tuesday by commercial real estate firm C.B. Richard Ellis said that 59% of U.S. retailers plan to open more stores due to the attractive rental rates available in the current market environment.

According to CBRE’s second annual “Shop Talk – A Retailer’s Perspective” survey, luxury, wholesale clubs and discounters are slated to be the biggest expanders. “Our survey shows a significant number of retailers will be taking advantage of an opportune time for growth due to compelling rent levels — luxury goods, wholesale clubs and discounters in particular are expected to continue to expand,” said Anthony Buono, executive managing director of CBRE Retail Services in the Americas.

The report also found that 93% of the retailers surveyed are using social networks, such as Twitter and Facebook, to assist with the branding and marketing of their products, up from 70% a year ago.

The consensus outlook among retailers has turned more cautious with regard to the current economic environment. Only 27% of retailers in 2011 viewed the economy as improving as compared to 35% last year. However, 45% of retailers view the economy as stable compared with 35% last year, with 27% of retailers feel that the recovery has already occurred within their market segment.

Among the other findings, 94% of retailers have been able to negotiate tenant improvements in their leases, including landlord financial contributions toward building out their space, the term of the lease and the rights to terminate early.

Some of the risks that retailers cited as possibly impacting their businesses included unemployment (80%), the state of consumer confidence (79%) and higher food and energy prices (68%).

For the survey, the CBRE Retail Services team surveyed major retailers in June and July 2011 about their expansion plans, the lessons learned from the recent recession, what concerns they still have and what they foresee for the future.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Kodak celebrates 100 million cameras sold with HSN deal

BY CSA STAFF

ROCHESTER, N.Y. — Eastman Kodak Company announced that it had entered into an exclusive offering with HSN to sell the Kodak Easyshare Touch M5370 Digital Camera on Sept. 4 to celebrate 100 Million cameras sold over the last fifteen years. The camera was available at a special price on HSN for $149.95 including free shipping through Sunday, Sept. 4.

The enhanced Easyshare Touch Camera features a 16 MP sensor and 720p HD video. Sharing photos is easy with Kodak’s innovative and exclusive Share Button while the responsive touch screen makes gliding through pictures effortless. Once connected to a PC, pre-tagged photos will automatically upload to sites like Facebook and Kodak Gallery or can be emailed.

"The partnership with HSN is a natural fit for us to launch our new EASYSHARE TOUCH Camera and we are excited to give customers an exclusive opportunity to purchase it before anyone else. HSN customers expect a great product from a brand they trust, at the right price," said Phil Scott, VP marketing digital capture and accessories for Kodak. "This camera has a completely new compact and clean design with an intuitive touch screen and added features that make it simple to share your photos to your favorite social networking sites or email addresses with the Share Button."

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Motorola unveils waterproof two-way radios

BY CSA STAFF

SCHAUMBURG, Ill. — Motorola Solutions announced that it has introduced its first waterproof Talkabout branded two-way radios. The MS350R series of two-way radios are designed for use during storm season, as well as for hunters and serious outdoor enthusiasts.

The Motorola Talkabout MS350R radios are the first FRS/GMRS two-way radios to feature both a waterproof design and access to eight built-in GMRS repeater channels. The MS350R radios are designed to float and will rise to the top of any water body and can be spotted easily with their bright yellow housing, the company reposted.

The MS350R radio series boasts a variety of safety features to keep families connected and prepared for severe weather and unexpected emergencies, the company reported. In the event of an approaching storm, everyone can stay informed of changing weather conditions with access to seven National Oceanic and Atmospheric Administration (NOAA) and four Environment Canada (EC) weather channels, which provide continuous broadcasts of local and regional weather updates.(2) And, in the event of a power outage or when cell phone towers are down, two-way radios keep everyone in touch and in constant communication. There is also a built-in LED flashlight for nighttime convenience.

Convenient Features Provide Flexibility in the Outdoors

Serious sports enthusiasts and hunters alike will appreciate the convenient features the MS350R radios offer, including Motorola’s Push-to-Talk (PTT) power boost option. When activated, this feature can extend the transmission range by increasing the transmitter power output – while helping to save battery life when no power boost is necessary. The iVOX speech activated feature allows for convenient hands-free communication without removing the radio from the belt clip. Hunters can easily stay connected to the group without disturbing game by activating the VibraCall function, which silently alerts them to incoming transmissions by vibrating.

Now available, the Motorola Talkabout MS350R radios have an MSRP of $99.99 per pair, which includes two radios, two belt clips, one dual charger, one charging adapter, two NiMH rechargeable battery packs and an emergency preparedness checklist sheet. It is available in yellow.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...