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 […]
10 retail trends to watch in 2020
RetailDive.com, January 6, 2020 From the evolution of pure-play e-commerce to the purpose of brick and mortar, the Retail Dive team serves up their predictions for 2020. By Kaarin Vembar, Ben Unglesbee, Cara Salpini, Daphne Howland, Caroline Jansen The on-again, off-again, maybe-on-again of tariffs that got on retailers’ last nerve in 2019 serve as a neat […]
Chasing Amazon, Retailers Are Caught in an Arms-Race
The economy is relatively strong, and consumers are spending. So why are things so tough for some retailers? Amazon is part of the picture… New York Times, By Sapna Maheshwari and Michael Corkery Nov. 25, 2019 Retailers are trying everything they can to keep up with Amazon. Macy’s offers same-day delivery and in-store returns for online purchases. Black Friday […]
Enjoy Chick-fil-A Without Talking to Anyone
MSN Money, Michael Tedder It’s no secret that fast food orders take longer than they used to these days, but Chick-fil-A may have found a way to speed things up. After a limited test run in five markets last year, this week Chick-fil-A debuted “dine-in mobile ordering” that will eliminate the need for customers to wait […]
Walmart Shows How to Compete Against Amazon
November 14, 2019, Sarah Halzack | Bloomberg The uncertainties for Walmart Inc. were piling up in the third quarter, both external (tariff whiplash, recession fears) and internal (a management shuffle in the U.S.). But judging by its Thursday earnings report, the big-box giant was unruffled by all the change. Walmart boosted its full-year earnings outlook […]
Will Healthcare Become Big Business for Best Buy?
Best Buy is known as the largest U.S. specialty electronics retailer, but some day, it may be better identified with healthcare instead. By Andria Cheng, Senior Contributor, Forbes.com As Best Buy has said, health monitoring services for seniors and other digital health initiatives mark a key part of its growth strategy. The retailer over the […]
It Is EASIER To Go From Digital To Physical Retailing Than Vice Versa
Chris Walton, Forbes.com One of the prevailing fallacies within the industry right now is that it is easier for a physical retailer to learn digital retailing than it is for a digital retailer to learn physical retailing. It is an enticing argument to make — physical stores make up a larger proportion of sales than […]