Wednesday, October 31, 2018

Halloween Pop-ups Rule the Retail!

Why Halloween pop-ups suddenly possess so many dead retail spaces

This Washington Post article by Taylor Telford reports on how  Americans will drop about $9 billion in celebration of Halloween this year. Halloween's craziness and camp are fun precisely because they are temporary — and so are the stores that sell it to us.

Halloween pop-up stores benefit from people’s last-minute shopping tendencies and the flaws of online shopping, such as poor-fitting costumes and unreliable delivery, while landlords with dead retail space benefit from pop-ups' need for instant store fronts. It’s a win for landlords, who get a tenant that will pay higher rent for just two or three months of occupancy.

To read more on this article, click here...

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