A Seminal Moment for Convenience
That sound you hear? It’s the sound of the convenience store industry’s version of Paul Revere riding cross-country, amid a pandemic, to let everyone know that a heck of a lot of change is underfoot. Only this time it isn’t the redcoats who are coming. It’s tech. And the only real question that remains is […]
Lights, Camera, Action…Who We Are…
Thanks to everyone at Equity Retail for both being a part of the company and contributing to help make this video. A great deal of effort has gone into serving our clients over the past 25 years and we worked very hard to sum up those efforts and who we are today. We hope you […]
Brick and mortar’s next chapter
RetailDive.com, Daphne Howland As the COVID-19 era has vividly demonstrated, closing stores has, at best, a chilling effect on shopping. In April — a month when, unlike March or May, most if not all nonessential retailers closed down — retail sales as measured by the U.S. Commerce Department and tracked by Retail Dive plummeted 16%. […]
The One Reason Walmart Has A Winning Coronavirus Strategy
Seth Cohen, Forbes.com On Tuesday, Walmart reported its first quarter financial numbers, beating analyst expectations and demonstrating that it is successfully navigating the coronavirus pandemic. But the financial numbers aren’t the real story behind Walmart’s success, it’s the strategy by which it got them that provides lessons for leaders looking to navigate these uncertain times. […]
Restaurants Transform Their Business Model
Restaurants Are Transforming Into Grocery Stores Because of Coronavirus Across the country, cafes and restaurants are scrambling to keep their businesses afloat. Restaurants that relied on dine-in customers are rapidly coming up with ways to hold onto customers who are no longer allowed into dining rooms. Instead, stores are selling items they already sell, in […]
Positive News (Yes, There is Some)
Stay Positive: Here Are 23 Pieces of Good News Regarding Coronavirus While most of the headlines today are distressing, there’s a handful of worldwide news doling out glimmers of hope in the midst of frightening times, and that’s important too. So, we’ve rounded up all the good news about the virus worth catching up on. […]
The Retail Brokers Network…So Worth It
The Retail Brokers Network is a nationwide group of retail commercial real estate brokerage firms. My company and I have been proud members for over fifteen years. Retail Brokers Network Member: Eastern PA, Southern NJ, Northern DE Information The Retail Brokers Network (RBN) members are an agent’s best source of information. Getting on the national […]
Burlington Exits E-commerce to Focus on Brick and Mortar
A recent article in Retaildive.com by Ben Unglesbee points out that Burlington is exiting e-commerce in favor of its brick-and-mortar stores. Burlington Stores is shutting down its e-commerce site to focus on its brick-and-mortar business, CEO Michael O’Sullivan told analysts Thursday, according to a Seeking Alpha transcript. “In our business, which is a moderate off-price […]
Off-price continues to be on point
Nordstrom Rack now sells Rent the Runway apparel, a prime example of why this sector is poised to have yet another good year. RetailDive.com, Daphne Howland, Jan. 28, 2020 Apparel retail has never been for the faint-hearted, and today the segment has retailers by their throats. Customers don’t want to pay full price for apparel […]
Mall Owners Are Buying Retailers
A mall owner is buying Forever 21 because it doesn’t want more vacant storefronts FastCompany, Michael Grothaus, Feb 3, 2020 If you’ve stepped into a mall recently you might find it not too surprising that malls are dying. There’s plenty of blame to go around for that too: Amazon, the changing shopping habits of internet-savvy […]