tag:blogger.com,1999:blog-23512427639994129002024-03-06T14:59:21.387-05:00ANYTHING RETAIL with Rob SamtmannAnything interesting in retail real estate.Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.comBlogger270125tag:blogger.com,1999:blog-2351242763999412900.post-34481602777053818082019-08-19T12:17:00.001-04:002019-08-19T12:17:32.966-04:00The Rise of Virtual Restaurants?<span style="font-family: Arial, Helvetica, sans-serif;">Restaurateurs are adding "virtual" restaurants to expand their delivery options - and most of us have no idea we're ordering from restaurants that don't actually exist! </span><br />
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<span style="font-family: Arial, Helvetica, sans-serif;">An August 14, 2019 New York Times article by Mike Isaac & David Yaffe-Bellany looked at the ways in which the new delivery apps like Uber Eats are changing the face of retail dining.</span></div>
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<span style="font-family: Arial, Helvetica, sans-serif;">SAN FRANCISCO - At 9:30 on most weeknights, Ricky Lopez, the head chef and owner of Top Round Roast Beef in San Francisco, stacks up dozens of hot beef sandwiches and sides of curly fries to serve hungry diners. He also breads chicken cutlets for another of his restaurants, Red Ribbon Fried Chicken. He flips beef patties on the grill for a third, TR Burgers and Wings. And he mixes frozen custard for a dessert shop he runs, Ice Cream Custard.</span><br />
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<span style="font-family: Arial, Helvetica, sans-serif;">Of Mr. Lopez’s four operations, three are “virtual restaurants” with no physical storefronts, tables or chairs. They exist only inside a mobile app, Uber Eats, the on-demand meal delivery service owned by Uber.</span><br />
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<span style="font-family: Arial, Helvetica, sans-serif;">“Delivery used to be maybe a quarter of my business,” Mr. Lopez, 26, said from behind Top Round’s counter, as his staff assembled roast beef and chicken sandwiches and placed them in white paper bags for Uber Eats drivers to deliver. “Now it’s about 75 percent of it.”</span><br />
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<span style="font-family: Arial, Helvetica, sans-serif;">Food delivery apps like Uber Eats, DoorDash and Grubhub are starting to reshape the $863 billion American restaurant industry. As more people order food to eat at home, and as delivery becomes faster and more convenient, the apps are changing the very essence of what it means to operate a restaurant.</span><br />
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<span style="font-family: Arial, Helvetica, sans-serif;">No longer must restaurateurs rent space for a dining room. All they need is a kitchen — or even just part of one. Then they can hang a shingle inside a meal-delivery app and market their food to the app’s customers, without the hassle and expense of hiring waiters or paying for furniture and tablecloths. Diners who order from the apps may have no idea that the restaurant doesn’t physically exist.</span><br />
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<span style="font-family: Arial, Helvetica, sans-serif;"><a href="https://www.nytimes.com/2019/08/14/technology/uber-eats-ghost-kitchens.html" rel="nofollow" target="_blank">To read the complete article, click here..</a>.</span>Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com3tag:blogger.com,1999:blog-2351242763999412900.post-29337329716736493372019-08-02T08:16:00.002-04:002019-08-02T08:16:41.594-04:00Which way NOW?<h3 style="clear: both; text-align: left;">
<span style="font-family: "arial" , "helvetica" , sans-serif;">Future Detours Ahead For Retail Customer Journeys</span></h3>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Forbes.com</span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;">Nikki Baird</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">This Forbes article discusses the trends, behaviors and even disruptive technologies </span><span style="font-family: "arial" , "helvetica" , sans-serif;">that can impact what the shopper seeks from her customer journey. It reports on those things that customers expect from the retailers with whom they engage, how much things have already changed with regard to customer expectations and just how hard it has sometimes been for retailers to keep up with those expectations.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">So what’s next for those customer journeys and the expectations that retailers may have to match? The article goes on to discuss the three big disruptions that appear to loom on the horizon.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Consumer-Driven Disruption: Time </span></h4>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Consumers have less time to shop. This is a global phenomenon, driven by three main time pressures. One, there are more women in the workforce, which generally means they have less time available to handle “domestic” tasks like grocery or family clothes shopping. No matter how much it would be great if households had an equitable distribution of tasks, the reality is, when women work, there isn’t really a commensurate increase in other household members’ time spent shopping, at least according to US consumer time studies.</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><a href="https://www.forbes.com/sites/nikkibaird/2019/07/31/future-detours-ahead-for-retail-customer-journeys/#5e586de51be4" rel="nofollow" target="_blank">Click here to read more....</a></span><br />
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Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-30833906877043229892019-07-02T10:08:00.001-04:002019-07-02T10:08:08.133-04:00The Next Frontier Of Wellness: Your Pets<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0hY4PKPhXX_LbzrTQv2dgsF_ZqqonKGFoP4PIh9_L2Hsvh_TW6bmIoiixvLZY_JLpwUzp_co1DCXE4EISg66KL82G32ebnhgMLq7YyQ7vxpBFtAJ5O97kie3w8YZWjJa200WX6FDebN4/s1600/17-puppies-who-are-so-cute-they-will-make-you-mad-2-30501-1424359138-6_dblbig.jpg" imageanchor="1" style="clear: left; display: inline !important; margin-bottom: 1em; margin-right: 1em; text-align: center;"><span style="font-family: Arial, Helvetica, sans-serif;"><img border="0" data-original-height="415" data-original-width="625" height="424" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0hY4PKPhXX_LbzrTQv2dgsF_ZqqonKGFoP4PIh9_L2Hsvh_TW6bmIoiixvLZY_JLpwUzp_co1DCXE4EISg66KL82G32ebnhgMLq7YyQ7vxpBFtAJ5O97kie3w8YZWjJa200WX6FDebN4/s640/17-puppies-who-are-so-cute-they-will-make-you-mad-2-30501-1424359138-6_dblbig.jpg" width="640" /></span></a><br />
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<span style="font-family: Arial, Helvetica, sans-serif;">Forbes.com, June 18 2019</span><br />
<span style="font-family: Arial, Helvetica, sans-serif;">Serena Oppenheim, Contributor</span><br />
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<span style="font-family: Arial, Helvetica, sans-serif;">With a fast-growing awareness about nutrition and our own health, it is not surprising that the next wave of wellness companies are not focused on humans, but on pets.</span><br />
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<span style="font-family: Arial, Helvetica, sans-serif;">In terms of money spent on pets, the U.S. is by far the world leader with the U.K. a distant second. According to a recent Mintel Report, 95% of US pet owners consider their animals to be part of their family and nearly half of pet "parents" are as concerned about the health and wellbeing of their pet as they are a member of their human family (backed up by the fact that 44% of millennials see pets as their "starter children").</span><br />
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<span style="font-family: Arial, Helvetica, sans-serif;">However, similar to the obesity epidemic among humans, 56% of dogs are estimated to be overweight or obese in the U.S. There has been a 911% increase in diabetes in cats and dogs since 2011. In addition, cancer is the leading cause of death in dogs - 1 in 3 dogs will develop cancer, which is the same incidence of cancer among men.</span><br />
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<span style="font-family: Arial, Helvetica, sans-serif;">The pet industry in the U.S. as a whole is estimated to be worth $72 billion and 2018 figures suggest that $29.88 billion of that comes directly from pet food. Unlike with human food, however, the pet food industry is highly unregulated. Every year sees dozens of recalls. To date in 2019 there have been seven public pet food recalls and in 2018 there were nearly 50. Reasons have ranged from salmonella to euthanasia drugs being found even in some major pet food brands. In addition, many people don’t realize that some brands of pet food can actually be made up of animals who are diseased, dying, disabled, or dead.</span><br />
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<span style="font-family: Arial, Helvetica, sans-serif;">To read more about this topic, click <a href="https://www.forbes.com/sites/serenaoppenheim/2019/06/18/the-next-frontier-of-wellness-your-pets/?ss=consumertech#11c14bd253c1" rel="nofollow" target="_blank">here....</a></span>Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com4tag:blogger.com,1999:blog-2351242763999412900.post-12837209390082647662019-05-30T10:09:00.001-04:002019-05-30T10:09:35.979-04:00The Fastest-Growing Job Sector?<h3>
<i><span style="font-family: Arial, Helvetica, sans-serif;">Cannabis, Marijuana, Weed, Pot? Just Call It a Job Machine</span></i></h3>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">The New York Times, Conor </span><span style="font-family: "arial" , "helvetica" , sans-serif;">Dougherty</span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;">April 25, 2019</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">While cannabis may still be illegal on the federal level, 33 states now allow its sale for medical purposes at a minimum. Ten of those states, including California, have legalized recreational use. And as new markets open and capital continues to flood in, the cannabis industry has become, by some measures, one of the country’s fastest-growing job sectors.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">A few years ago, navigating the marijuana industry felt like a journey to the fringes of legitimacy. Now cannabis dispensaries occupy brightly lit spaces on prime retail strips, with $80 pot lotions and $20 bars of pot soap. Six months ago, Canada became the first major world economy to legalize recreational marijuana use, and several dozen cannabis stocks — many for companies that are American in all but name but unable to list in the United States — now trade on the Canadian Securities Exchange. </span><span style="font-family: "arial" , "helvetica" , sans-serif;">For investors, it’s a two-pronged thesis. The first is that many people like recreational use. The second is that as cannabis becomes more widely used, it is increasingly a therapeutic remedy that people substitute for pain pills, sleep aids and other pharmaceuticals.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">ZipRecruiter's data suggests that cannabis-related jobs nationwide currently stands at 200,000 to 300,000. While many of those jobs are on the lower end of the pay scale (consisting of rote agricultural work), there has also been a expansion in the demand for better-paid positions like chemists, software engineers, and nurses who consult with patients about using cannabis for anxiety and other medical conditions.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Meanwhile, the pioneers who brought the industry out of the shadows are being joined by professional managers and executives — “talent,” in corporate speak — who have had careers in other industries. For upper-level managers and executives, companies say they prefer candidates with a background in highly regulated industries like alcohol or pharmaceuticals.</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">To read more, <a href="https://www.nytimes.com/2019/04/25/business/economy/jobs-in-cannabis-weed-marijuana.html?save=nyt-gateway-stories" rel="nofollow" target="_blank">click here...</a></span></div>
Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-44854345674713194792019-05-10T07:49:00.000-04:002019-05-14T08:37:43.533-04:00The Retail Brokers Network<h3 style="text-align: left;">
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What is the Retail Brokers Network (RBN) and why did Equity Retail Brokers join?</span></h3>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">The RBN is a national networking group founded in 1992 whose members are like us - successful independent brokerage firms that specialize in retail real estate. Upon joining in 2001, we wanted the ability to refer business nationally, while taking advantage of the shared booths at regional and national ICSC events. However, the greatest benefit has been the personal friendships we have formed and the positive affect they have had - and continue to have - on us as individuals and the company as a whole.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">What value does Equity Retail Brokers get from membership in the RBN? </span></h3>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Having brokers across the country that we "Know, Like and Trust" (that's the RBN motto!) gives us the ability to help our clients with their real estate needs locally and nationally. We get valuable market knowledge and expertise through relationships, regional and national RBN meetings, and monthly RBN calls on a variety of relevant real estate topics. The referrals we get from (and give to) RBN firms is a great value as well, of course.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">What value do our clients get from our membership in the RBN? </span></h3>
<span style="font-family: "arial" , "helvetica" , sans-serif;">We use the information we gain from our involvement in the network to help our clients get deals done locally and nationally. Through access to people and information, the RBN provides us with expertise we otherwise wouldn't have, and allows us to make referrals to RBN firms in other markets, when needed. The end result is more problems solved and deals for our clients.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">What do you like best about the RBN? </span></h3>
<span style="font-family: "arial" , "helvetica" , sans-serif;">I am in regular contact with like-minded real estate professionals around the country who I know, like and trust. We talk about real estate, our families and everything in between. I don't think I can count the quality friendships I enjoy as a result of the RBN. Oh, and we often make money together. How great is that?</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><a href="http://retailbrokersnetwork.com/" target="_blank"><b>Click here to learn more about the RBN,</b></a> or stop by booth C-111 Union Street at<b> <a href="https://www.icsc.org/attend-and-learn/events/details/2019recon" style="text-decoration-line: underline;" target="_blank">ICSC RECon</a><u>!</u></b></span></div>
Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-91222399533657869412019-04-26T07:23:00.000-04:002019-04-26T07:23:48.052-04:00Best Retail Sales Since 2017<h2>
The Best Retail Sales Since 2017 Brighten US Growth Outlook</h2>
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With first-quarter gross domestic product figures due April 26, the surprisingly strong retail report spurred economists to further increase projections.</h3>
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By Reade Pickert | April 19, 2019</div>
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(Bloomberg) Retail sales in the U.S. jumped by the most since September 2017 and first-time filings for unemployment benefits dropped to a fresh 49-year low, as a strong labor market gives American consumers the wherewithal to keep the economy chugging along.<br />
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The value of overall sales in March rose 1.6 percent, boosted by gains in motor vehicles and gasoline stations, after an unrevised 0.2 percent decrease the prior month, according to Commerce Department figures released Thursday. That exceeded all forecasts in Bloomberg’s survey calling for a 1 percent gain.<br />
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A Labor Department report released at the same time showed initial jobless claims fell last week to 192,000, the lowest since September 1969. Economists had projected an increase.<br />
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“The labor market is alive and well,” said Stephen Stanley, chief economist at Amherst Pierpont Securities LLC. Income gains support consumer spending and “as long as the labor market is doing well there is good reason to expect consumer spending should do fine.”<br />
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With first-quarter gross domestic product figures due April 26, the surprisingly strong retail report spurred economists to further increase projections. Analysts raised economic growth forecasts for the period Wednesday after a report showing the trade deficit unexpectedly narrowed in February. The economy had showed signs of slowing heading into 2019, before the U.S. central bank put rate hikes on indefinite hold and a government shutdown clouded the outlook.<br />
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(To read the rest of the article, go to www.globest.com: <a href="https://www.globest.com/2019/04/19/best-retail-sales-since-2017-brighten-us-growth-outlook/" target="_blank">Link to Full Article</a> )</div>
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Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-63952680972987014512019-04-11T13:41:00.000-04:002019-04-11T13:41:03.675-04:00The Outlandish Story Of Ollie’s<h3>
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A $5 Billion Retail Empire That Sells Nothing Online (But Is Beating Amazon)</span></h3>
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<span style="font-family: "arial" , "helvetica" , sans-serif; font-size: x-small;">Abram Brown, Forbes Magazine Photo by Harry Fellows</span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif; font-size: x-small;">April 1, 2019</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Ollie’s is very possibly the only company in America whose brick-and-mortar stores are not just surviving but thriving. It focuses exclusively on traditional retailing, selling not a thing online. Read that again: <i><b>nothing sold online</b></i>.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Nonetheless, Ollie’s sales have doubled in four years. It moves more than $1 billion a year of low-priced goods from its large (30,000 square feet or so), no-frills stores like the one in Sterling. Profits are at a high, nearly $130 million.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Abram Brown's article in this month's Forbes Magazine retails the success story that is Ollie's, in an era when retailers are retrenching and retooling their market strategies. Retail companies announced 3,400 store closures last year, with plans to shutter a record 155 million square feet of shops. Those numbers will skyrocket in 2019: Retailers announced 4,300 store closures in just the first nine weeks of the year.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">As Abram's points out, Ollie’s is the exception to the rule. Not only is it opening new locations, shares in Ollie’s have quintupled since its IPO in 2015. And every Ollie’s store has been profitable within a year of opening.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">To read more about <i><b>how </b></i>Ollie's is thriving in today's competitive marketplace, <a href="https://www.forbes.com/sites/abrambrown/2019/04/01/the-outlandish-story-of-ollies-a-5-billion-retail-empire-that-sells-nothing-online-but-is-beating-amazon/#de14f8d50d51" target="_blank">click here to read the full article...</a></span><br />
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Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com2tag:blogger.com,1999:blog-2351242763999412900.post-82817885874198791852019-03-05T12:49:00.001-05:002019-03-05T13:18:53.277-05:00Outdoor Communal Retail Spaces Are Getting Smaller<h3>
<span style="font-family: "arial" , "helvetica" , sans-serif;">Communal and outdoor living spaces at retail centers are transitioning from big and flashy to a series of scaled-down living rooms.</span></h3>
<span style="font-family: "arial" , "helvetica" , sans-serif;">GlobeSt.com, By Kelsi Maree Borland | February 26, 2019 at 04:00 AM</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Outdoor communal spaces at retail centers are getting smaller. Open gathering spaces have become a standard at retail centers, but they started as large, flashy spaces with programming. Now, retail owners are opting to create a series of smaller living rooms with amenities like WIFI. Most importantly, these living room-style spaces are well designed and could be a key component to attracting locals, increasing foot traffic and competing with online outlets.</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">“Everything we hear is about brick and mortar competing with online sales. With this in mind, a key component, a key differentiator from an online commodity driven retail experience, is simply treating the guest experience as the anchor,” Greg Lyon owner, principal and design director at Nadel Architects, tells GlobeSt.com. “In other words, the environment that a development provides for its guests and shoppers is the anchor. People will always gravitate towards a well amenitized ‘outdoor living room’ where they can hang out and socialize, and that is what will always set brick and mortar apart from the online experience.”</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><a href="https://www.globest.com/2019/02/26/outdoor-communal-retail-spaces-are-getting-smaller/" target="_blank">For more, click here...</a></span></div>
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Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-80348541136295213902019-03-05T12:49:00.000-05:002019-03-05T12:49:03.056-05:00The Year of the Fry<h3>
<span style="font-family: "arial" , "helvetica" , sans-serif;">French Fries Get A Makeover As Restaurant Competition Heats Up</span></h3>
<span style="font-family: "arial" , "helvetica" , sans-serif;">Forbes.com, Alicia Kelso</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Is it too early to declare this the Year of the Fry?</span></h4>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Think about it. McDonald’s just launched limited-time cheesy bacon fries, no doubt targeting Wendy’s Baconator Fries (which, to be fair, have been around for nearly four years). Wendy’s responded to the launch by putting its version in the promotional spotlight – free Baconator Fries to anyone who ordered through the brand’s mobile app – inciting a bacon fry battle of sorts to start the New Year.</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">French fries have long been a quick-service staple, as well as the subject of intense debate over which brand does them best. However, a case can be made that recent launches have been different. Sexier.</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Consider Taco Bell’s Nacho Fries, for example. First introduced in January 2018, the Nacho Fries quickly became the brand’s most successful product launch ever – more than 53 million orders were sold in the product’s first three months alone. The fries made up more than 30% of all Taco Bell orders, yielding both check and transaction increases.</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">So successful was this product launch, Taco Bell has already brought it back twice as a limited-time offer. Nacho Fries were inarguably a major factor in the chain’s strong 2018 performance.</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><a href="https://www.forbes.com/sites/aliciakelso/2019/02/26/french-fries-get-a-makeover-as-restaurant-competition-heats-up/?utm_source=newsletter&utm_medium=email&utm_campaign=daily-dozen#1b5ac3a312fe" target="_blank">To read more, click here...</a></span></div>
Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-49380894792589788242019-02-14T08:04:00.000-05:002019-02-14T08:04:48.166-05:00We Understand...Tenant Pain Points<div class="separator" style="clear: both; text-align: center;">
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<br />Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-89155334526731978802019-02-08T13:13:00.000-05:002019-02-08T13:13:57.971-05:00Retail Going to the Dogs?<span style="font-family: "arial" , "helvetica" , sans-serif;">I have the pleasure of working with two Mars affiliated companies, Blue Pearl Animal Hospital and Banfied Pet Hospital. This article mentions yet another affiliated company, Camp Bow Wow and I thought it was of real interest. These businesses are helping to change the face of retail real estate.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif; font-size: small;"><span style="background-color: white;">Two Pet Daycare Franchises Battle for Market Dominance - </span>Who Will be Top Dog?</span></h3>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;">JANUARY 16, 2019 | RICHARD LAWSON</span></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="font-size: 14.6667px;">Finding a location can sometimes be...ruff. </span><span style="background-color: white; font-size: 14.6667px;">Photo credit: Dogtopia</span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Competition in the pet daycare and boarding business is turning into a real dog fight as the leading franchises race to drive expansion.</span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Dogtopia, based in Phoenix, announced plans to open 50 locations this year to build on the more than 90 it has in the U.S. and Canada. That’s double the number that opened last year. The company said it sold 100 spots last year and more than 30 units so far this month. In all, Dogtopia has more than 200 locations in development and has aggressive plans to grow to more than 400 stores.</span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;">“There really aren’t areas we aren’t looking, but a few current hot spots are Seattle, Connecticut, Atlanta, and our backyard, Phoenix,” said Jesse Stiles, Dogtopia’s vice president of real estate. “I have active franchisees looking in 30 plus states.”</span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Meanwhile, its biggest competitor and market leader, Camp Bow Wow based in Westminster, Colorado, has its own expansion plans for the year. It added 20 locations last year to finish with 165. “The pipeline is enough to achieve 20 this year,” said Jay, Mihulka, Camp Bow Wow’s vice president of real estate.</span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Each has firepower behind them. Dogtopia, founded in 2002, initially partnered with Phoenix investment firm Thomas Franchising Solutions in 2012 to fuel expansion. But Peter Thomas, who started the firm and once owned all of the Century 21 Real Estate franchises in Canada, later bought all of Dogtopia to put the franchise on a faster growth track.</span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Camp Bow Wow opened its first store in 2000 and was acquired in 2014 by VCA Inc., a company that has 750 animal hospitals around the U.S. and Canada. Mars Inc., home of M&Ms and Snickers as well as major pet food brands, bought VCA three years later.</span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Who has the competitive edge? Based on Entrepreneur magazine’s annual Franchise 500 for 2019, Camp Bow Wow has slight lead, ranked No. 193 to Dogtopia’s No. 204. The ranking considers brand strength, costs, size, growth and support for franchisees and franchisor financials. But in 2017, Franchise Times chose Dogtopia for its Zor Awards, recognizing top franchises to own, over finalists that included Camp Bow Wow.</span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Both franchises offer similar services -- grooming, daycare, boarding and indoor and outdoor exercise. Both allow dog owners to view their furry children via webcams. But they differ on décor. Camp Bow Wow has more of a rustic look in its stores with lots of wood. Dogtopia leans toward contemporary and bright colors. Its locations, which average 4,000-6,000 square feet, tend be smaller than Camp Bow Wow. At a result, total investment to open a Dogtopia is lower, $606,545-$1,321,245 compared to Camp Bow Wow’s stated estimate of $783,500-$1,485,000.</span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;">On the real estate side, though, the playing field is basically level. Local zoning requirements have tended to preclude these franchises from locating in shopping centers or urban areas. They end up at the city edges, often in light industrial areas amid small manufacturing spaces or warehouse users.</span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;">That’s changing some. “With the changing retail landscape and the demand lessening for soft goods tenants, service-related businesses that take up larger spaces are more attractive to landlords than they’ve ever been,” he said. “We’ve shown that with our aesthetics, smell and sound attenuation, and clean branding, that we can not only compliment a high-end tenant mix, but even improve a second-generation retail center and be a feature tenant.”</span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Both concepts typically need “special-use” or “conditional-use” permits through local zoning organizations in order to open. Stiles said that’s “mainly because most zoning codes are slightly antiquated and give a blanket classification of any business like ours as a kennel.”</span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;">To help franchisees with their pitch to local governments, Dogtopia shows off a location in a shopping center anchored by a Sprouts Farmers Market in Oro Valley, Arizona, a suburb north of Tucson. Camp Bow Wow has opened in retail centers in Las Vegas and Plano, Texas. “Retail works for us if we can get into them,” Mihulka said. “It’s an education and sales process” generally to show landlords the steps taken to sound proof the space and keep impact to neighbors to a minimum.</span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span></span></div>
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<span style="background-color: white; font-size: 14.6667px;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Mihulka said one of the challenges has been finding available space anywhere because vacancy in buildings has dropped so much. “Inventory is extremely low,” he said. Some Camp Bow Wow franchisees have changed course by buying a parcel to build a freestanding location, which adds to construction costs and lengthens the time it takes to open a location. But for the franchisee, owning the real estate provides a long-term real estate investment along with the business.</span></span></div>
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Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-26310393775112223822019-01-07T09:07:00.001-05:002019-01-07T09:07:28.760-05:00The Winners in Retail, 2018<h3>
<span style="font-family: "arial" , "helvetica" , sans-serif;">
Walmart isn't the only retailer already winning...</span></h3>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgtPVxXhq8LxBVbEi1Jhliuc8f-XE2FoPI-El8k9LCJXoejqVJfCzWmEmkem_2RPan9TbluJC6nf7lf6Fe42tdpvE0S-85Prvt9frCXv7k6Tu_fQ1fE3MbaGUcVJdKbNm8WROzevelYD2A/s1600/BBRFSIG.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><img border="0" data-original-height="418" data-original-width="799" height="334" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgtPVxXhq8LxBVbEi1Jhliuc8f-XE2FoPI-El8k9LCJXoejqVJfCzWmEmkem_2RPan9TbluJC6nf7lf6Fe42tdpvE0S-85Prvt9frCXv7k6Tu_fQ1fE3MbaGUcVJdKbNm8WROzevelYD2A/s640/BBRFSIG.jpg" width="640" /></span></a></div>
<h4>
<span style="font-family: "arial" , "helvetica" , sans-serif;">
By Lauren Thomas, CNBC</span></h4>
<span style="font-family: "arial" , "helvetica" , sans-serif;">In any competition, there are winners and losers. And among retailers competing for customers, the winners of 2018 beat their rivals by providing faster delivery, better online and mobile shopping options, and the trendiest products.</span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"></span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;">Those who failed or were slow to adapt? Bon-Ton, Sears, Mattress Firm and David's Bridal were among the slew of retailers that filed for bankruptcy in 2018. Toys R Us also closed all of its stores after filing for bankruptcy near the end of 2017.</span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"></span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;">But that doesn't mean consumers weren't whipping out their wallets and filling their shopping carts ahead of the new year. Many headed in throngs to off-price retailers like T.J. Maxx and big-box chains like Walmart. Here's a better look at some of the winners in retail to round out 2018.</span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"></span><br />
<a href="https://www.msn.com/en-us/money/companies/walmart-isnt-the-only-retailer-already-winning-in-2019/ar-BBRFCzg" target="_blank"><span style="font-family: "arial" , "helvetica" , sans-serif;">To read the article in full, click here...</span></a><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;"></span><br /></div>
Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-26281316213826534752018-12-19T11:05:00.001-05:002018-12-19T11:05:39.880-05:00These Retail Trends May Not Make It Through 2019<h4 style="box-sizing: border-box; line-height: 30px; margin-bottom: 15px; transition: color 0.15s ease 0s, background-color 0.15s ease 0s, border-color 0.15s ease 0s, opacity 0.15s ease 0s;">
<span style="font-family: "arial" , "helvetica" , sans-serif;">This author believes fast fashion and grocery delivery are the biggest retail trends that will come to an end next year. I would love to get your opinion. </span></h4>
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<span style="font-family: "arial" , sans-serif;">GlobeStreet.com.
By Kelsi Maree Borland | December 07, 2018 <o:p></o:p></span></div>
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<span style="font-family: "arial" , sans-serif;">The retail industry is rapidly evolving, and
trends that were once mainstays have been dying out. This has manifested as
major store closures in the last couple of years, and unfortunately, we aren’t
out of the dark yet. In 2019, expect fast fashion brands like H&M and
Forever 21 to start to show signs of trouble, according to Sean Slater of
Retail Design Collaborative.<o:p></o:p></span></div>
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<span style="font-family: "arial" , sans-serif;">Fast fashion isn’t the only retail trend that
Slater expects to end next year. Grocery delivery efforts, he says, are also on
their way out—despite the recent surge in attention. “Curbside pick-up has been
a start and stop process over the last few years. We have seen a ton of
investment from Walmart, Kroger and Target into this idea, but I think that we
are going to have another downturn in the importance of that,” he explains.
“This year, there have been a huge capital investment into curbside pick-up,
but I think that those investments will go on pause. It is going to be much
more about the in-store satisfaction and much less about how fast you can pick
up a bag of groceries.”<o:p></o:p></span></div>
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<span style="font-family: "arial" , sans-serif;">To read the rest of the article, <a href="https://www.globest.com/2018/12/07/these-retail-trends-wont-make-it-through-2019/" target="_blank">click here...</a></span><o:p></o:p></div>
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Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com1tag:blogger.com,1999:blog-2351242763999412900.post-28292402649443893302018-12-19T11:05:00.000-05:002018-12-19T11:05:35.370-05:00Amazon Fresh Future in Doubt?<h3>
Some Amazon Fresh customers are slamming the grocery-delivery service over disappearing and ruined orders, and it raises questions about its future.</h3>
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<span style="font-weight: 700;">BusinessInsider.com, Dennis Green.</span></div>
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<span style="font-weight: 700;"><br /></span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjKZGwsWTG-S4r-EBpvmyWFyfWKvlbCWYLbVGu-dlC-TpWzitcTTsMSlLBc3RpVw7L6xWIBNLg8Zq3kbYVE3eqpfW_GgBD2hJ0iSzUwymMKwmsbT93GxfZNBLNf33WQI0vAWacDbCmzqoI/s1600/What-is-AmazonFresh-.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="756" data-original-width="1200" height="401" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjKZGwsWTG-S4r-EBpvmyWFyfWKvlbCWYLbVGu-dlC-TpWzitcTTsMSlLBc3RpVw7L6xWIBNLg8Zq3kbYVE3eqpfW_GgBD2hJ0iSzUwymMKwmsbT93GxfZNBLNf33WQI0vAWacDbCmzqoI/s640/What-is-AmazonFresh-.png" width="640" /></a></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Some customers are saying that Amazon Fresh is growing rotten.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span>
<span style="font-family: "arial" , "helvetica" , sans-serif;">The online grocery-delivery service has undergone many changes in the past year, and it's racking up poor customer reviews as its future — and its place within the Amazon Prime ecosystem — is increasingly being questioned.</span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span>
<span style="font-family: "arial" , "helvetica" , sans-serif;">Business Insider spoke with more than a dozen Amazon Fresh customers who said they had experienced issues with the service in places like Los Angeles, New York, and Washington, DC. These customers complained of poor-quality and even spoiled produce, orders being packed incorrectly or illogically, canceled or late deliveries, and regularly missing items.</span><br />
<br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"><a href="https://www.businessinsider.com/amazon-fresh-customer-complaints-raise-questions-about-future-2018-6" target="_blank">To read more of this article, click here...</a></span></div>
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Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-69174352455135489992018-12-04T08:21:00.000-05:002018-12-04T08:33:06.344-05:00Dramatic 10% Increase in Top Retailer Foot Traffic<div style="background-color: white; border: 0px; box-sizing: border-box; color: #272c30; margin-bottom: 1.2em; outline: 0px; padding: 0px; vertical-align: baseline;">
<span style="font-family: "arial" , "helvetica" , sans-serif;">Placer.ai (foot traffic analytics platform) just released its initial ‘<em style="border: 0px; box-sizing: border-box; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Retail Index</em>’ measuring foot traffic at over 24,000 major retail brands and shopping centers across the United States, comparing the <b>Black Friday weekend in 2018</b> vs Black Friday weekend visits for 2017.</span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiRw98jNbFWkgXw1jBCr2kAh9y8WpXKfxVL4OAx-HV5uIBYYz9UKHPQJfurRuK1_R_LaQZZOxVig6SkMwSrv-savIyHOO4V4s1nq8DpJKTadaX6ApywbvooBFJy_fkULKQtRNq0M2hTrT8/s1600/Pacer+YoY+foot+traffic+graphic.png" imageanchor="1" style="background-color: transparent; clear: left; display: inline !important; margin-bottom: 1em; margin-right: 1em; text-align: center;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><img border="0" data-original-height="519" data-original-width="925" height="359" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiRw98jNbFWkgXw1jBCr2kAh9y8WpXKfxVL4OAx-HV5uIBYYz9UKHPQJfurRuK1_R_LaQZZOxVig6SkMwSrv-savIyHOO4V4s1nq8DpJKTadaX6ApywbvooBFJy_fkULKQtRNq0M2hTrT8/s640/Pacer+YoY+foot+traffic+graphic.png" width="640" /></span></a></div>
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<h4>
<span style="font-family: "arial" , "helvetica" , sans-serif;">Key takeaways for the Black Friday weekend 2018 shopping period include:</span></h4>
<ul>
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">Overall foot traffic increased <b>10.1% year over year</b> at the top 30 retailers, as compared to 2017. </span></li>
</ul>
<ul>
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">The top 3 retailers in the Retail Index for the Thanksgiving weekend 2018 were <b>Hobby Lobby</b>, <b>Ulta Beauty</b>, and<b> T.J. Maxx</b>, each delivering a 26% increase in foot traffic. </span></li>
</ul>
<ul>
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">As a category, mass merchants like <b>Walmart </b>and <b>Target </b>showed the largest lift in traffic, at <b>12% year over year</b> increase compared to 2017.</span></li>
</ul>
<span style="font-family: "arial" , "helvetica" , sans-serif;">To read more key takeaways, <a href="https://www.cretech.com/news/dramatic-increase-of-10-1-yoy-in-top-retailer-foot-traffic-over-thanksgiving-weekend/" style="font-family: Arial, Helvetica, sans-serif;" target="_blank">click here...</a></span>Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-74458284104544470292018-11-26T08:10:00.000-05:002018-11-26T08:10:49.619-05:00Mall Doctors: Filling Vacant Retail with Medical Office<br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhPXfov8IPGqV_ieCvC1tKHpNLpXreAM_Iva9gqVbtm1SXSVXILAltD5S9fZZwGBhAAxKzciz3k4T7jdlWf9JCgNkEvGxG-_AnJObPBsGl4hcBhBNwcmcpXPQPdrbrtL6NZFBatCmzpbR0/s1600/Mall-docs-800px.jpg" imageanchor="1" style="clear: left; display: inline !important; margin-bottom: 1em; margin-right: 1em; text-align: center;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><img border="0" data-original-height="533" data-original-width="800" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhPXfov8IPGqV_ieCvC1tKHpNLpXreAM_Iva9gqVbtm1SXSVXILAltD5S9fZZwGBhAAxKzciz3k4T7jdlWf9JCgNkEvGxG-_AnJObPBsGl4hcBhBNwcmcpXPQPdrbrtL6NZFBatCmzpbR0/s640/Mall-docs-800px.jpg" width="640" /></span></a></h3>
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<span style="font-family: "arial" , "helvetica" , sans-serif; font-size: xx-small;">POSTED ON OCTOBER 17, 2018 BY
BETSY ROSSO</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><o:p></o:p></span></div>
<span style="font-family: "arial" , "helvetica" , sans-serif;">NAIOP COMMERCIAL REAL ESTATE DEVELOPMENT ASSOCIATION</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">As health care systems consolidate and consumers expect easier access
to medical care, empty storefronts and abandoned shopping malls are
increasingly transforming into health care hubs.<o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">CVS now operates more than 1,100 MinuteClinics within its pharmacies as
well as some Target stores, and recently bought the insurance company Aetna,
further shifting its role from simply a drugstore to a health care provider.
According to Eric Johnson, national director of Transwestern, who spoke at
CRE.Converge 2018 in Washington, D.C., 20 percent growth in these “quick
clinics” is expected over the next five years.<o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">With the recent announcement of Sears filing for bankruptcy,
significant square footage will be available to be retrofitted for medical use.
Empty retail space can be and is often be used for “urgent care, freestanding
emergency departments, wellness centers, primary care clinics, pediatric
clinics, women’s clinics, dermatology, eye care, and plastic surgery,” Johnson
explained. “Larger stores can house multispecialty clinics, or combine with
pharmacy, imaging and ancillary services to provide more convenience to the
consumer.” Some sites are even offering outpatient surgery rather than just
diagnostic services or considering micro hospitals.<o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Some medical facilities have long been anchored in retail space, such
as dialysis, post-acute rehabilitation and behavioral health services. These
services typically serve uninsured patients.<o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">One model of the transformation of retail to medical is Duke Health’s
creation of an outpatient health center in a former 180,000-square-foot Macy’s
in Durham, North Carolina’s 900,000-square-foot Northgate Mall. “The site had
an excellent location and visibility,” explained Tony Ruggeri, co-managing
director of ATR & Associates, Inc. What was once a department store now
houses internal medicine, primary care, urgent care, women’s care, pediatric
care, outpatient surgery, orthopedics and cardiac care.<o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">In Houston, bookseller Barnes & Noble closed three stores, and the
Kelsey-Seybold Clinic took the opportunity to consolidate 10 different
physician groups that were scattered across the city, adding pharmacy and
imaging, into one 20,000-square-foot block of retail space.<o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">The primary case study of the session was the build-out of a new Vanderbilt
Health campus in what was an unsightly mall in Nashville, Tennessee, that
residents remembered fondly but now avoided visiting. “When we took on the 100
Oaks Mall project, everyone said, ‘What were they thinking?’ recalled Ruggeri.
“It was an enormous site – the mall ran 2,000 linear feet, from JC Penney to
what used to be a Woolco.” The 18,400 square feet included two levels of retail
with some three-level areas and an adjacent five-story office tower, set on 56
acres.<o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">“It was a great location,” Ruggeri explained, “visible to 135,000 cars
daily on I-65. It’s right across the interstate from the highest-income part of
Nashville. And it had ground-level retailers with strong sales. It was the
second and third levels and the office space that was dying.” There was also a
shortage of restaurants nearby and serious problems with the traffic patterns
going in and out of the mall area.<o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">When Vanderbilt University Medical Center expressed interest in using
the former mall space as medical suites, the developer had to take an
environment no one even wanted to shop in and make it a modern and attractive
health care center. Where stores used to be there were clinics, with a central
waiting area in the open area in the middle. The buildout took less than two years,
whereas constructing a medical facility from scratch typically takes five to
seven. Rebranding the site simply meant dropping “mall” from the name and
calling it Vanderbilt Health’s 100 Oaks campus. Soon, patients and doctors
alike were choosing 100 Oaks over the main campus because of convenience.
Vanderbilt reached its projected 2013 patient count at the new site by December
2011. The retailers that remain on the property are thriving, as are the four
restaurants that were built on the grounds.<o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">While licensing, zoning and other specific requirements must be met to
enable a medical facility to be built in what was formerly a retail space, the
benefits and opportunities of expanding high-quality health care more broadly
into communities seem to far outweigh the potential obstacles.<o:p></o:p></span></div>
<br />Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-69726088940341728092018-10-31T12:58:00.000-04:002018-10-31T12:58:13.369-04:00Halloween Pop-ups Rule the Retail!<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgIs2MXIOWmstJIKPiUy54P-4gR95cN6Y1l9EFH190UNSR1uVr4pQ6XGQPlJ_CwLchwUFmTc902hehfDhnjQC6XM6ncOhOeTFDXCkriMmeOaBOQtb18ZWaC9nxDy1VzdOH2YNOm4xFIKf4/s1600/R2FXM3WYCYI6RA4EXTCUSL7PJE.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="991" data-original-width="1484" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgIs2MXIOWmstJIKPiUy54P-4gR95cN6Y1l9EFH190UNSR1uVr4pQ6XGQPlJ_CwLchwUFmTc902hehfDhnjQC6XM6ncOhOeTFDXCkriMmeOaBOQtb18ZWaC9nxDy1VzdOH2YNOm4xFIKf4/s640/R2FXM3WYCYI6RA4EXTCUSL7PJE.jpg" width="640" /></a></div>
<h3>
<span style="color: #2a2a2a;"><span style="word-spacing: -1.12px;"><b>Why Halloween pop-ups suddenly possess so many dead retail spaces</b></span></span></h3>
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<span style="color: #2a2a2a; font-family: "arial" , "helvetica" , sans-serif;"><span style="word-spacing: -1.12px;">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.</span></span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh4lJxsuJsmBYZrDzTR6-QXoS8vZsBvKuW0DNmaeQIEGZfCluiebOQY-6HsaXPlfsrRyj60TIWxXcrrGsgk5jy4YNCgQv323MJSHJume2tuz8UAYFKUbE7jK2pTJXEU8AUgTJ0vXZ2LNrc/s1600/RQF4VTWYCYI6RA4EXTCUSL7PJE.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="991" data-original-width="1484" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh4lJxsuJsmBYZrDzTR6-QXoS8vZsBvKuW0DNmaeQIEGZfCluiebOQY-6HsaXPlfsrRyj60TIWxXcrrGsgk5jy4YNCgQv323MJSHJume2tuz8UAYFKUbE7jK2pTJXEU8AUgTJ0vXZ2LNrc/s640/RQF4VTWYCYI6RA4EXTCUSL7PJE.jpg" width="640" /></a><span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="color: #2a2a2a;"><span style="word-spacing: -1.12px;">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 </span></span><span style="color: #2a2a2a; word-spacing: -1.12px;">landlords with dead retail space benefit from pop-ups' need for instant store fronts. </span><span style="color: #2a2a2a;"><span style="word-spacing: -1.12px;">It’s a win for landlords, who get a tenant that will pay higher rent for just two or three months of occupancy.</span></span></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif; word-spacing: -1.12px;"><span style="color: #2a2a2a;">To read more on this article</span><span style="background-color: white;"><span style="color: blue;">,<b> <a href="https://www.washingtonpost.com/business/why-halloween-pop-ups-suddenly-possess-so-many-dead-retail-spaces/2018/10/26/23b45ace-d878-11e8-83a2-d1c3da28d6b6_story.html?utm_term=.92b2b5d59b4e" rel="nofollow" target="_blank">click here...</a></b></span></span></span></div>
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Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-37058202228034558302018-10-25T07:29:00.000-04:002018-10-25T07:29:20.088-04:00Quick-Serve Brands Performing in the Drive Thru<div style="background-color: white; border: 0px; color: #373737; font-family: "roboto slab", serif; line-height: 34px; margin: 20px 0px 20px; padding: 0px; vertical-align: baseline;">
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<span style="font-family: "arial" , "helvetica" , sans-serif; font-size: large;">The 2018 QSR Drive-Thru Study</span></h3>
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhLFunpsolTQI_MWggN6QI-aj2N1Yz-SY8dqlG2Vmg2lsfFKizfKhGVudb52EFcHZ0JcetVGiUL4DMhRP6fcUd2peMIdHBqcpF8C7Nav5qkm2ETpsizESh4qxr6_4PjY9uqm7tNSzcxb2w/s1600/iStock-538370021.jpg" imageanchor="1" style="background-color: transparent; clear: left; display: inline !important; margin-bottom: 1em; margin-right: 1em; text-align: center;"><img border="0" data-original-height="483" data-original-width="765" height="404" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhLFunpsolTQI_MWggN6QI-aj2N1Yz-SY8dqlG2Vmg2lsfFKizfKhGVudb52EFcHZ0JcetVGiUL4DMhRP6fcUd2peMIdHBqcpF8C7Nav5qkm2ETpsizESh4qxr6_4PjY9uqm7tNSzcxb2w/s640/iStock-538370021.jpg" width="640" /></a><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">This recent article from QSR Magazine discusses how pressures on drive-thru performance, particularly speed of service and accuracy, have become ever more intense. The continuing importance of the outdoor lane is clashing with the fact that as traffic increases in the drive thru, service times are slowing down. </span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">To read the full article, <a href="https://www.qsrmagazine.com/reports/2018-qsr-drive-thru-study" rel="nofollow" target="_blank">click here...</a></span></div>
Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-45522704769350685612018-10-09T09:13:00.001-04:002018-10-09T09:13:56.082-04:00STORES Magazine - 2018 Top 100 Retailers & Trend Breakdown<h2>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgeqSZgtWNIgRuZrmVQpDAlDXrBxJk803-K60zgwPzsL4QY-d58s7u1LgoqYYlgwYaixRcGXWakcXktJ_Fd8pQX2LvP3-GTQtxntPEoRlzcuTeSLGRgVvFqXlLv8ll1pfhBmRqWkE6rkS0/s1600/HERO_FINAL.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="330" data-original-width="700" height="300" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgeqSZgtWNIgRuZrmVQpDAlDXrBxJk803-K60zgwPzsL4QY-d58s7u1LgoqYYlgwYaixRcGXWakcXktJ_Fd8pQX2LvP3-GTQtxntPEoRlzcuTeSLGRgVvFqXlLv8ll1pfhBmRqWkE6rkS0/s640/HERO_FINAL.jpg" width="640" /></a></div>
<span style="color: #606569; font-family: "arial" , "helvetica" , sans-serif; font-size: 11.5pt;"><br /></span>
<span style="color: #606569; font-family: "arial" , "helvetica" , sans-serif; font-size: 11.5pt;">STORES' 2018 annual snapshot of the top 100 Retailers shows great
stability, given the list has remained remarkably similar over the past
couple of years. <span style="mso-spacerun: yes;"> </span>This yearly list and
trend analysis discusses some of the reasons why top-ranked,
long-term retailers have remained in that position, including modernization and
reinvigoration of their retailing strategies, and shows that despite all
reports about changes in retail, movement is gradual. There are some good
analyses here worth reading, regarding omnichannel marketing, bricks-and-mortar
strategies and growth enhancement moves by the big companies. </span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"></span><br />
<a href="https://stores.org/2018/06/28/2018-top-100-retailers/" target="_blank"><span style="font-family: "arial" , "helvetica" , sans-serif;">Read more here…</span></a>Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-24186488258991861642018-09-21T08:25:00.001-04:002018-09-21T08:32:11.835-04:00As Others Retrench, Discount Chains Grow<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFpl7GVL6mPw01-3P3nEd7-_h13nL_D5GRaDe0AT3SfW9Qmm1YLgipoQTN5dP5auO4a42cpLIcEjG5JMTg2TCpjeVQ5g6BMZUtkSr_6FvGtLxcWWLXGzD-y_Z1Bg3IQwFo5htWt0tKzg8/s1600/top.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="727" data-original-width="1600" height="290" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFpl7GVL6mPw01-3P3nEd7-_h13nL_D5GRaDe0AT3SfW9Qmm1YLgipoQTN5dP5auO4a42cpLIcEjG5JMTg2TCpjeVQ5g6BMZUtkSr_6FvGtLxcWWLXGzD-y_Z1Bg3IQwFo5htWt0tKzg8/s640/top.jpg" width="640" /></a></div>
<span style="font-family: arial, helvetica, sans-serif; font-size: x-small;"> Ross Dress For Less discount store</span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span>
<span style="font-family: "arial" , "helvetica" , sans-serif;">This article offers a handful of nuggets that break down why discounters are finding success against online shopping. </span><br />
<ul>
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">Ross's average item price is only $10</span></li>
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">98% of Ross's goods are under $30</span></li>
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">Online retail has trouble offering these prices for top brands and still making money</span></li>
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">Ross and others buy excess inventory from top brands</span></li>
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">Ross ships the inventory to stores or keeps it in warehouses to rotate through stores</span></li>
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">Discounters appeal both to people who "need a bargain" & those who "want a bargain"</span></li>
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">Both types of discount shoppers enjoy the "treasure-hunt" experience</span></li>
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">Online retail has had a rough time replicating that experience</span></li>
</ul>
<span style="font-family: "arial" , "helvetica" , sans-serif;">Discounters, also known as off-price sellers, keep expanding their physical footprints, even as Americans shop more online and most brick-and-mortar retailers pour cash into their digital operations. During an era of disruption, these companies have proved resilient and durable against competition from Amazon. For more on this trend, please see the CNN article.</span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"></span><br />
<a href="https://money.cnn.com/2018/07/30/news/companies/ross-stores-tj-maxx-burlington-off-price-discount-retail/index.html" style="font-family: Arial, Helvetica, sans-serif;"><span style="color: blue; font-family: "arial" , "helvetica" , sans-serif;">CNN.com Article</span></a><br />
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Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-38062258319762990692018-09-11T09:44:00.000-04:002018-09-11T09:49:01.320-04:00NEW STORES - December'17-July'18<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "arial" , sans-serif;">Please note, this list was compiled using a
Google Alert for "new stores". The list is not guaranteed to be
complete, but serves as a reference for the retail real estate
community. My hope is that it will be useful to you in some form or
fashion. At the least, it can serve as a sign of the activity in the
market or spur ideas when leasing properties. <o:p></o:p></span></div>
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<span style="font-family: "arial" , sans-serif;">If my colleagues and I can be of service, please
don't hesitate to contact me at 484-417-2208. I can also be found on
Instagram and Twitter (@RobSamtmann). Thank you.<o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.woodworkingnetwork.com/news/woodworking-industry-news/84-lumber-opens-new-store-big-pine-key-florida"><span style="color: blue;">84 Lumber, Big Pine Key FL</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://lancasteronline.com/business/local_business/a-c-moore-opens-new-store-at-east-towne-centre/article_05cd3144-5f55-11e8-82b2-d713eeed2832.html"><span style="color: blue;">AC Moore, Lancaster PA</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.salina.com/news/20180329/new-aldi-store-in-south-salina-bigger-more-options"><span style="color: blue;">Aldi, Salina KS</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://fox2now.com/2018/07/06/aldi-opening-new-store-in-tower-grove-south-leaving-south-grand-location/"><span style="color: blue;">Aldi, St. Louis MO</span></a><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://nypost.com/2018/09/10/amazon-opening-checkout-free-go-store-in-nyc/"><span style="color: blue; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin;">Amazon Go, New York NY</span></a><o:p></o:p></span></div>
<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.usatoday.com/story/tech/talkingtech/2018/07/03/new-checkout-free-amazon-go-store-open-seattle-fall/755980002/"><span style="color: blue;">Amazon Go, Seattle WA</span></a></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://footwearnews.com/2018/business/news/american-apparel-new-store-los-angeles-1202559099/"><span style="color: blue;">American Apparel, Los Angeles CA</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://9to5mac.com/2018/06/26/apple-store-seattle-university-village-opening-june-30/"><span style="color: blue;">Apple, Seattle WA</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.google.com/url?rct=j&sa=t&url=http://www.furnituretoday.com/article/552304-ashley-homestore-opens-new-store-corsicana-texas/&ct=ga&cd=CAEYASoTNTU4MDg0MTM0MzQ4MzYzNzc4MTIcMDc4ZTQyOTNmMjk0YjMyYzpjb206ZW46VVM6Ug&usg=AFQjCNEdSmrkDr4DlXPghx1xvhMX6tGTxw"><span style="color: blue;">Ashley HomeStore, Corsicana TX</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.augustachronicle.com/news/20180425/new-home-decor-store-at-home-opens-in-augusta"><span style="color: blue;">At Home, Augusta GA</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.marketwatch.com/press-release/at-home-opens-new-home-decor-superstore-in-middletown-2018-08-22"><span style="color: blue;">At Home, Middletown NY</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.kirklandreporter.com/business/att-unveils-new-store-design-in-totem-lake/"><span style="color: blue;">AT&T, Kirkland WA</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://patch.com/ohio/westlake/t-opens-new-store-westlake"><span style="color: blue;">AT&T, Westlake OH</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://siouxcityjournal.com/business/local/austad-s-golf-hopes-new-store-drives-traffic/article_37d83ba6-63a2-5a8b-8ece-bc5dffbc6fad.html"><span style="color: blue;">Austad’s Golf, Sioux City IA</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.prnewswire.com/news-releases/bebe-celebrates-the-grand-opening-of-its-first-lifestyle-retail-store-in-new-york-city-300612649.html"><span style="color: blue;">Bebe, New York NY</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.tulsaworld.com/business/retail/grand-opening-of-new-burlington-store-in-midtown-tulsa-set/article_8ba28296-26fa-56cc-af5f-20c11181dcb3.html"><span style="color: blue;">Burlington Coat Factory, Tulsa OK</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.cleveland19.com/story/38730496/caseys-opening-friday-in-walnut-ridge"><span style="color: blue;">Casey’s, Walnut Ridge AK</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.tribstar.com/news/local_news/casey-s-opens-new-store-in-riley/article_65648b3e-ca82-5e20-a030-47b9e871ccf3.html"><span style="color: blue;">Casey’s, Riley IN</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.businessinsider.com/mattress-firm-and-casper-compared-photos-details-2018-3"><span style="color: blue;">Casper, New York NY</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.enterprisenews.com/news/20180125/burrito-barrage-in-brockton-as-chipotle-finally-opens"><span style="color: blue;">Chipotle, Brockton MA</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.dailycommercial.com/news/20180325/comcast-xfinity-opens-new-store-in-lady-lake"><span style="color: blue;">Comcast Xfinity Store, Lady Lake FL</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.startribune.com/costco-opens-new-store-in-minneapolis-today-for-small-businesses/486676311/"><span style="color: blue;">Costco, Minneapolis MN</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://harrisondaily.com/news/business/cricket-wireless-opens-new-store/article_123e271e-15b1-11e8-86a9-ef8704433997.html"><span style="color: blue;">Cricket Wireless, Harrison AR</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.prnewswire.com/news-releases/dicks-sporting-goods-announces-grand-opening-of-two-new-stores-in-july-300679028.html"><span style="color: blue;">Dick’s Sporting Goods, Richmond VA</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.prnewswire.com/news-releases/dicks-sporting-goods-announces-grand-opening-of-two-new-stores-in-july-300679028.html"><span style="color: blue;">Dick’s Sporting Goods, Fort Collins CO</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.heraldpalladium.com/news/local/new-dollar-general-store-open-in-hagar-twp/article_c7004b80-f616-5fd7-a5a7-b9f82338baf6.html"><span style="color: blue;">Dollar General, Coloma MI</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.messengernews.net/news/local-business/2018/06/dollar-general-celebrates-new-fort-dodge-location/"><span style="color: blue;">Dollar General, Ford Dodge TN</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.saratogian.com/general-news/20180106/shoppers-say-new-store-in-gansevoort-saves-them-time-money"><span style="color: blue;">Dollar General, Gansevoort NY</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.gwinnettdailypost.com/local/dollar-general-opening-new-store-in-lilburn-saturday/article_65d44c15-b9b4-5ad2-8828-881fe9a61c8e.html"><span style="color: blue;">Dollar General, Lilburn</span></a> GA</span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.wdio.com/consumer/dollar-general-opens-new-store-in-poplar/4728592/"><span style="color: blue;">Dollar General, Poplar WI</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://themercury.com/news/local/dollar-general-offers-new-nearby-option-for-riley-residents/article_f07f47db-eb67-5e49-8234-1eaf4d540ea8.html"><span style="color: blue;">Dollar General, Riley KS</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.theshelbyreport.com/2018/07/13/dollar-tree-opens-110m-missouri-distribution-center/"><span style="color: blue;">Dollar Tree, Warrensburg MO</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.delish.com/food/a57922/dunkin-donuts-drive-thru-mobile/"><span style="color: blue;">Dunkin’ Donuts, Quincy MA</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://13wham.com/news/local/family-dollar-opening-new-store-in-rochester-next-week"><span style="color: blue;">Family Dollar, Rochester NY</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.google.com/url?rct=j&sa=t&url=http://www.newspressnow.com/news/local_news/neighborhood-welcomes-new-grocery-store/article_e0d1f163-da5c-57cc-974d-078a672f409c.html&ct=ga&cd=CAEYASoTMzU1OTczMDQ0MjE3MzY0MjAyMjIcMDc4ZTQyOTNmMjk0YjMyYzpjb206ZW46VVM6Ug&usg=AFQjCNHDQnn7oYHODaehxcY1GQVRIvQDCg"><span style="color: blue;">Fresh Market, Saint Joseph MO</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.businesswire.com/news/home/20180717005446/en/FreshDirect-Opens-New-State-of-the-Art-Facility-Revolutionizing-Online"><span style="color: blue;">FreshDirect, New York NY</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.wbbjtv.com/2018/07/07/new-gander-outdoors-location-in-jackson-becomes-only-in-tennessee/"><span style="color: blue;">Gander, Jackson TN</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.rrstar.com/news/20180628/comings-amp-goings-gander-outdoors-to-open-in-former-gander-mountain-location"><span style="color: blue;">Gander Outdoors, Rockford IL</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.kristv.com/story/38421967/grand-opening-goodwill-opens-new-store-in-annaville"><span style="color: blue;">Goodwill, Annaville TX</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.indeonline.com/news/20180425/four-things-to-know-about-goodwills-new-n-canton-store"><span style="color: blue;">Goodwill, Canton OH</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.tiftongazette.com/news/goodwill-holds-grand-opening-for-new-location/article_9abc2748-6535-11e8-a21c-2353ac81b0fb.html"><span style="color: blue;">Goodwill, Tifton GA</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://wjactv.com/news/local/goodwill-opens-new-store-inside-tionesta-grocery-store"><span style="color: blue;">Goodwill, Tionesta PA</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.uppermichiganssource.com/content/news/Munising-sees-busy-holiday-new-Harley-Davidson-store-opens-483883671.html"><span style="color: blue;">Harley-Davidson, Munising MI</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://ktul.com/news/local/new-store-selling-cbd-products-opens-in-south-tulsa"><span style="color: blue;">HempRX, Tulsa OK</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.google.com/search?q=herbal+serendipity+woodruff&oq=herbal+serendipity+woodruff&aqs=chrome..69i57.5565j1j9&sourceid=chrome&ie=UTF-8"><span style="color: blue;">Herbal Serendipity, Woodruff WI</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.pantagraph.com/business/local/hobby-lobby-opens-new-normal-store-to-positive-reviews/article_e263c873-0037-5957-9c43-cab8b5e9367b.html"><span style="color: blue;">Hobby Lobby, Normal IL</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.statesmanjournal.com/story/news/2018/01/01/hobby-lobby-opens-east-salems-willamette-town-center/986215001/"><span style="color: blue;">Hobby Lobby, Salem OR</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.sgvtribune.com/2018/06/13/home-depot-to-unveil-new-store-in-monterey-park/"><span style="color: blue;">Home Depot, Monterey CA</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.nj.com/entertainment/index.ssf/2018/06/homesense_opens_in_paramus_route_17_new_jersey.html"><span style="color: blue;">HomeSense, Paramus NJ</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.indystar.com/story/news/2018/06/01/after-opening-fishers-ikea-curtails-new-store-construction/660898002/"><span style="color: blue;">Ikea, Fishers IN</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.google.com/url?rct=j&sa=t&url=http://fox6now.com/2018/05/14/excitement-is-building-ikea-workers-put-finishing-touches-on-new-store-before-grand-opening/&ct=ga&cd=CAEYAioTODI3ODk3ODkyODEyNTg5ODc4NzIcMDc4ZTQyOTNmMjk0YjMyYzpjb206ZW46VVM6Ug&usg=AFQjCNFtyt0EbYfoVM6chuHkVAHKUFYkpQ"><span style="color: blue;">Ikea, Oak Creek WI</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.kget.com/video/new-jamba-juice-opens-today-operation-surf-fundraiser_20180622133144/1255909746"><span style="color: blue;">Jamba Juice, Bakersfield CA</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.marketwatch.com/story/jc-penney-to-open-new-brooklyn-store-2018-07-10"><span style="color: blue;">JC Penney, Brooklyn NY</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.roanoke.com/business/joann-fabrics-to-launch-new-christiansburg-store/article_36543d28-3344-522e-908c-8a9a5b0335dd.html"><span style="color: blue;">Joann Fabric, Christianburg NC</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.pennlive.com/business/index.ssf/2018/03/kirklands_1.html"><span style="color: blue;">Kirkland’s, Harrisburg PA</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.13newsnow.com/article/news/local/mycity/hampton/kroger-hiring-for-new-store-encourages-farm-fresh-employees-to-apply/291-564422738"><span style="color: blue;">Kroger, Hampton VA</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="http://www.timessentinel.com/news/local_news/kroger-opens-new-store-serving-carmel-and-zionsville/article_1ce32377-5190-535e-b95c-c1cdc05364b9.html"><span style="color: blue;">Kroger, Zionsville IN</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.prnewswire.com/news-releases/lands-end-opens-new-retail-store-in-burlington-mall-300648801.html"><span style="color: blue;">Lands’ End, Burlington MA</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://www.chainstoreage.com/store-spaces/first-look-lands-end-unveils-new-store-concept/"><span style="color: blue;">Lands’ End, Kildeer IL</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
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<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://footwearnews.com/2018/business/retail/louis-vuitton-south-coast-plaza-store-1202582309/"><span style="color: blue;">Louis Vuitton, Costa Mesa CA</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="color: blue; font-family: "arial" , sans-serif; mso-fareast-font-family: "Times New Roman";"><a href="https://missoulian.com/news/local/new-lucky-s-market-grocery-store-opens-at-southgate-mall/article_5e06db38-2116-52d9-ba5a-dfa5d0058945.html"><span style="color: blue;">Lucky’s Market, Missoula MO</span></a></span><span style="font-family: "arial" , sans-serif;"><o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
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<span style="font-family: "arial";"></span>Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com1tag:blogger.com,1999:blog-2351242763999412900.post-39949460823375213032018-08-31T08:56:00.000-04:002018-08-31T10:17:06.531-04:00End Tables, Ottomans...and Wine Bars?<span style="font-family: "arial" , "helvetica" , sans-serif;"></span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="background-color: transparent;">Furniture Retailers Go to New Lengths to Draw Buyers, Support Mall Expansions, Luring </span>Customers With Exotic Wildlife, Wine Bars</span></h3>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">CoStar News: August 28, 2018 | Rob Smith</span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEit4myZzTB1PMrE4k1XAHArmE0ncLY3RL1As8O3-5cBYYq4NahS-ROcbxyoMb-GVwMSEqID55d6dmgxslgxN22RsYm3-M4qe61liFFAG4sYLF3hKZxW7RLiiGv4vBLs16eQlViGF-FlwkM/s1600/Bobs.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><img alt="Bob's Discount Furniture" border="0" data-original-height="367" data-original-width="650" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEit4myZzTB1PMrE4k1XAHArmE0ncLY3RL1As8O3-5cBYYq4NahS-ROcbxyoMb-GVwMSEqID55d6dmgxslgxN22RsYm3-M4qe61liFFAG4sYLF3hKZxW7RLiiGv4vBLs16eQlViGF-FlwkM/s1600/Bobs.jpg" title="Bob's Discount Furniture" /></span></a></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Bob's Discount Furniture is among the furniture retailers expanding across the country, taking space in malls and shopping centers.</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">A Gallery Furniture store in Houston features an indoor playground, exotic birds and a Capuchin Monkey enclosure. Some Jordan’s Furniture stores in Massachusetts have ropes courses and IMAX theaters. City Furniture in Florida opened a café and wine bar. And that's not all furniture retailers are doing to lure entertainment-loving millennial shoppers and support their expansions in malls and big-box stores. </span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Other furniture retailers offer ice cream shops, pizza parlors and play areas for kids’ birthday parties. Many are using augmented and virtual reality so customers can visualize how a piece of furniture fits and looks in their homes...</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">"People are now making an experience out of furniture shopping," Moore said. "The forward-thinking furniture retailers who are innovative will survive."...</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Those regional and local retailers are increasingly anchoring shopping centers and occupying former mid-sized big-box stores, giving real estate property owners and developers fresh options to fill space, Moore said.</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">"You used to see furniture stores clustered together in a so-called furniture row," Moore said. "Now you’re seeing them go into retail centers. Landlords are receptive to it. It creates more traffic, and a lot of that is impulse traffic."...</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">As industry trade publication Furniture Today reports, Walker Furniture will open a 65,000-square-foot superstore in Las Vegas next month and a 150,000-square-foot showroom next year. The RoomPlace will open three furniture stores in regional malls in Illinois and Ohio next year. One of those will be in an abandoned Sears department store.</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Online furniture company Wayfair, based in Kentucky, is opening a 20,000-square-foot outlet, its first brick-and-mortar location. Houston’s Furniture Town will open a 40,000-square-foot store in a shopping center over Labor Day weekend, with plans for three more stores next year. </span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Japan-based furniture retailer Aki-Home -- known as the Ikea of Japan -- said earlier this year it wanted to build 100 stores across the country. Bob’s Discount Furniture said it will open five more Southern California stores by Labor Day weekend, giving it 12 in the state and more than 100 overall. The stores are between 25,000 and 42,000 square feet.</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">The rise of e-commerce and the maturation of millennials --those between the ages of 22 and 37 -- are having "enormous impact" on the traditional furniture business, said Bill McLoughlin, Furniture Today’s editor-in-chief. The estimated 73 million millennials in the U.S. will surpass baby boomers next year as America’s largest generation, according to think tank Pew Research Center.</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">"The last huge growth spurt of retail furniture operations was the baby boom generation," McLoughlin said. "Now you have an even bigger demographic wave coming on. They’re going to drive the business for years to come."</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">E-commerce now accounts for 17 percent of all furniture sales, McLoughlin said, up from 12 percent two years ago. Even when a purchase is made online, the buyer typically visits a furniture store to check out the item before buying, analysts say.</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Moore recalls moving into his first apartment with tattered furniture from his parents. That doesn’t happen as much anymore, he said.</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Your grandma's or parents' furniture just doesn't cut it anymore," he said, adding that the millennial demographic is fundamentally altering the retail landscape for everything from furniture to apparel. "You want to sit on a sofa, feel textures and visualize what it will look like. You may research online but you're going to the store to buy."</span></div>
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<span style="background: white; color: black;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><a href="http://www.costar.com/News/Article/End-Tables-Ottomansand-Monkeys-Furniture-Retailers-Go-to-New-Lengths-to-Draw-Buyers-Support-Mall-Expansions/204050?ref=/News/Article/End-Tables-Ottomansand-Monkeys-Furniture-Retailers-Go-to-New-Lengths-to-Draw-Buyers-Support-Mall-Expansions/204050&src=rss" target="_blank">Click here to read the Co-Star news article</a></span></span></div>
Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-39626677020631799932018-08-27T08:35:00.000-04:002018-08-27T09:26:57.790-04:00Healthcare Real Estate Is Being Pulled In Multiple Directions<span style="font-family: "arial" , "helvetica" , sans-serif;">Matthew Rothstein’s article in Bisnow East Coast, on how healthcare is changing rapidly as an industry, brings up some interesting points on how the traditional model of decentralized primary care providers, specialist networks and inpatient hospitals has become obsolete. He points out that the current drive to make access to healthcare a simple, short trip for patients who may not have the time or ability to drive long distances is prompting healthcare providers to expand real estate footprints in an effort to keep up with the changing needs of America’s population.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">To read more about the changes in healthcare real estate, click here: <a href="https://www.bisnow.com/philadelphia/news/healthcare/philadelphia-healthcare-struggles-changing-real-estate-demands-91510?utm_source=CopyShare&utm_medium=Browser">https://www.bisnow.com/</a></span>Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com2tag:blogger.com,1999:blog-2351242763999412900.post-86048185660691324732018-08-14T14:55:00.000-04:002018-08-15T08:26:09.044-04:00What’s in YOUR State? (The 50 states of retail development)<h3>
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="background-color: white; color: #606569; font-size: 11.5pt;">ICSC’s recent
article on retail developments in each state details how developers are
moving dirt across the country: building new retail and mixed-use centers and
renovating and rehabbing existing properties. </span><span class="MsoHyperlink" style="background-color: white;"><span style="font-size: 11.5pt;"><a href="https://www.icsc.org/news-and-views/sct-magazine/the-50-states-of-retail-development" target="_blank">Here’s the view from 30,000 feet…</a>.</span></span></span><br />
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<br />Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0tag:blogger.com,1999:blog-2351242763999412900.post-37204133007406002652018-07-30T14:26:00.000-04:002018-08-14T18:08:43.429-04:00Fast Casual Traffic Only Segment to Grow in Last 5 Years<span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="font-family: Arial, Helvetica, sans-serif;">Even though much of the U.S.
restaurant industry continues to struggle with sluggish customer visits, the
fast casual channel continues to grow. This July 2018 QSR article discusses how
visits to fast casual restaurants have grown 6 percent annually over the last
five years, stemming in large part from store openings, and how fast casual
units have grown at a compound annual growth rate of 7 percent over the last
five years. <a href="https://www.qsrmagazine.com/news/study-fast-casual-traffic-only-segment-grow-last-5-years?utm_campaign=20180705&utm_medium=email&utm_source=jolt" style="font-size: 11.5pt;" target="_blank">Read more here... </a></span></span>Robert L. Samtmann, Jr.http://www.blogger.com/profile/13060509726802229062noreply@blogger.com0