RETAIL NEWS

Globe St

How the Pandemic is Reshaping Central Florida's Retail Market
With fewer visitors to eat, shop and stay, and unemployment numbers in the double digits, Central Florida retailers are navigating uncharted waters and trying to stay afloat.
- 2 days ago 7 Aug 20, 12:32pm -
NAIOP Survey Shows Deal Improvement Despite Rising Pessimism
Contributing to the pessimism could be the increase in number of reported coronavirus cases in the country, delays in development and obtaining permits, delays in financing, and supply shortages
- 2 days ago 7 Aug 20, 11:41am -
Where Are Retail Rents Heading?
Retail rent trends are hard to predict and could vary between essential and non-essential retail tenants.
- 2 days ago 7 Aug 20, 9:00am -
Certain Net Lease Sectors Remain Strong Despite COVID-19 Uncertainty
Investor activity in the net lease space has remained strong for necessity-based uses, publicly-traded companies with strong financial positions, and uses such as quick-service restaurants with drive-thrus.
- 3 days ago 6 Aug 20, 8:34pm -
Still Facing Double-Digit Declines, Full Service Restaurants Must Transform To Survive
FSRs tried to pivot to save their businesses by ramping up delivery programs, streamlining their menus, and repurposing their parking lots as temporary drive-thru's, however, the shift to service their customers off-premises was difficult and costly.…
- 3 days ago 6 Aug 20, 11:54am -
Despite Steady Q2, 'Darker Clouds Ahead' Predicted for Retail

- 3 days ago 6 Aug 20, 11:35am -
Recession Furthers Downward Spiral of Some CRE Sectors

- 3 days ago 6 Aug 20, 9:00am -
Mixed-Use Ecosystem to Boost Collaboration, Creativity and Entrepreneurship
With amenities such as a conference center and wet labs, the repurposed development Pegasus Park will open in early 2021 and feature four components: a biotech plus hub, a social impact hub and entertainment/dining venues.
- 3 days ago 6 Aug 20, 9:00am -
Investors Are Flocking to Essential Use Retailers
SRS closed a VCA Animal Hospital in Fountain Valley at a record-breaking cap rate, just one example of the demand for essential-use properties.
- 4 days ago 5 Aug 20, 7:00pm -
New Rent Study Paints A Bleak Picture for NYC Restaurants and Bars
Of the respondents who replied that they were able to pay some of their rent, 53% said they were able to pay half, while 29.8% expected to pay less than half.
- 5 days ago 4 Aug 20, 11:41am -

Chain Store Age

Study: Retail ‘winners’ recognize need to respond to pandemic
Retailers who outperform their peers are much more likely to see a wide variety of remedial steps for COVID-19 as important.
- 3 days ago 6 Aug 20, 5:00am -
Yankee Candle ignites subscription program
The Yankee Candle Company smells an opportunity for predictable revenue.
- 3 days ago 6 Aug 20, 5:00am -
ICSC: Back-to-school shopping spend to rise; will extend into September
The average consumer expects to spend more on back-to-school items this year than in 2019, despite continued uncertainty over school openings amid COVID-19.
- 3 days ago 6 Aug 20, 5:00am -
Dick’s Sporting Goods’ store expansion includes new outlet concept, pop-ups
Dick’s Sporting Goods is opening 11 new stores in August.
- 3 days ago 6 Aug 20, 5:00am -
Costco’s July sales rise 14.1%
Costco Wholesale Corp.’s robust e-commerce growth helped fuel strong comparable sales in July.
- 3 days ago 6 Aug 20, 5:00am -
Commercial real estate bankruptcy legislation introduced
Legislation has been introduced that would make "meaningful" temporary changes to bankruptcy laws, related to commercial real estate.
- 3 days ago 6 Aug 20, 5:00am -
The Top 10 COMEBACK Retail Center Experiences: No. 10 Plaza del Lago
High-end, locally owned tenants took the concept of “open air” to a new level.
- 3 days ago 6 Aug 20, 5:00am -
Japanese eyewear retailer fits into virtual try-on trend
Jins Eyewear is the latest specialty eyewear retailer to enhance its online shopping experience with augmented reality technology.
- 3 days ago 6 Aug 20, 5:00am -
Walmart health care chief departing
A key executive in Walmart’s new health care focus is leaving.
- 3 days ago 6 Aug 20, 5:00am -
Kroger tests contactless payment
The Kroger Co. is piloting a variety of near-field communication (NFC)-enabled payment solutions in its QFC stores.
- 3 days ago 6 Aug 20, 5:00am -

Retail Dive

Ascena writes down Ann Taylor again as sales plummet
The bankrupt retailer has chosen to center its premium brands in its turnaround as it shrinks in order to survive.
- 2 days ago 7 Aug 20, 4:46pm -
Unemployment falls to 10.2%, but pandemic foils rapid recovery
The improvement could mean little to retailers if the federal benefits for out-of-work consumers, which ran out last week, aren't renewed soon.
- 2 days ago 7 Aug 20, 3:43pm -
Retail profits won't rebound until 2022 at the earliest, Moody's says
Analysts with the ratings agency expect operating profit in the industry to take a dip of up to 30% this year, and things are even worse in some sectors.
- 2 days ago 7 Aug 20, 3:08pm -
Michaels adds new perks to its rewards program
The arts and crafts retailer aims to strengthen relationships with its customers digitally.
- 2 days ago 7 Aug 20, 2:57pm -
Retail Therapy: Cheetos Mac n' Cheese gives humans a ray of hope during apocalypse
The pasta comes in three flavor varieties and is made with "authentic Cheetos cheesiness."
- 2 days ago 7 Aug 20, 2:42pm -
Fashion industry says purchase order cancellations will endure in Q3 and beyond
Despite reduced optimism about the industry's future, 90% of survey respondents plan to increase hiring over the next five years.
- 2 days ago 7 Aug 20, 2:09pm -
Spin Live launches shoppable video service in Shopify's app store
A two-click process gives influencers access to a merchant's products that can be sold via livestream.
- 2 days ago 7 Aug 20, 1:39pm -
EBay partners with LendingPoint for merchant loans
During the pilot program, the tie-up lets eligible sellers on the e-commerce platform borrow up to $25,000.
- 2 days ago 7 Aug 20, 1:00pm -
How retailers can succeed with subscription-based services
As brands look to capitalize on the demand for subscription-based services, a key aspect of retaining loyal customers hinges on creating an experience that deepens the customer and brand relationship.
- 2 days ago 7 Aug 20, 9:18am -
Amazon's online grocery sales triple in Q2 as Prime spending swells
To accommodate the influx of customers, Amazon increased delivery capacity by 160% and tripled the number of grocery pickup spots.
- 3 days ago 6 Aug 20, 3:41pm -