Tag Archives: retail

Back-to-school time already?

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JLL survey results reveal top 2018 back-to-school shopping trends

With the start of the 2018–2019 school season just weeks away, back-to-school shopping is already in full swing. Last month, JLL Retail polled more than 1,000 parents of school-age children in the U.S. to learn more about their back-to-school spending plans and discovered eight key takeaways:

  1. Overall, back-to-school spending is down this year, with approximately 62% of
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Five ways fast food restaurants are updating their look

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Even in the world of online grocery platforms like Instacart and the focus on healthy eating, consumer demand for fast food remains strong.

Quick-serve restaurant (QSR) sales increased 12.5 percent in the U.S. from 2015 to 2018—the largest jump out of any category in the food and beverage industry.But while the demand for quick service dining holds strong, consumer expectations around their eating experience are changing quicker than you can say, “Do you… Read More

Times Square retail is on a roll

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•Times Square continues to show signs of prosperity as availability in the corridor dropped to 5.9 percent in the second quarter, the lowest of all submarkets tracked by JLL Research.

•The area benefited from the marked decrease in asking rents that has been observed city-wide; the current average of $1,833… Read More

6 ways stores meet shoppers’ needs

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Shoppers today have more choices than ever. “Experience” has become a buzzword for the kind of interactive participation that encourages consumers to visit bricks-and-mortar stores.

But what makes for a good retail experience? And how important is it, really?

As it turns out, a powerful experience is very important to shoppers, according to JLL research. Brands that scored higher in categories related to experience outperformed their rivals in revenue growth, with the exception of mass… Read More

Ground floor availabilities smaller in Q1, potentially in response to changing retailer needs

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Following a city-wide trend of shrinking store formats, the average size for ground floor available retail space decreased in nearly all the prime submarkets tracked in the first quarter of 2018, according to JLL Research in New York. The lone exception was in Lower Fifth Ave, where it remained the same.

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Quick bites: 10 global food trends to watch

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JLL unveiled its Global Food Trends report at ICSC’s Food for Thought conference in New Orleans this week, presenting the results of its search for the world’s biggest innovations in food service. With Americans now spending more on dining than groceries, these mega trends are set to shape the retail, food and beverage industries of tomorrow.

Experience Economy: The aspiration of experience over ownership

  1. Dinertainment: Consumers are looking for ways to incorporate more
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Luxury brands opt for airport pop-ups

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If you were travelling through New York’s JFK Airport and thought you passed a giant blue Tiffany box, you were in fact correct.

The Tiffany installation was one of many examples of luxury brands popping up in airports as a way to draw in customers. Airports have long been synonymous with luxury retail outlets, but now a growing number of brands are choosing to showcase their wares in a more temporary, and eye-catching,… Read More

ICSC expands in NYC

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The retail climate is hot at ICSC 2017 – New York Deal Making, as retail industry experts gather to discuss navigating a somewhat unknown but definitely expanding frontier. Even this year’s conference is expanding –  attendance, exhibitor space and CRE technology have all expanded at the Jacob K. Javitz Convention Center to help retailers build brand loyalty, grow revenue and empower the next generation…all in less than 3 days.

According to Shopping… Read More

Retail provides value through versatility

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As Cyber Week comes to a close and the holiday shopping season continues, retailers trying to out-sell competitors are not only engaging consumers online with limited, customized discounts, but also enhancing their in-person shopping experience to help build brand awareness and create lasting customer connections. This integrated sales approach is known as omnichannel and is proving to be a success by providing more value to customers and growing retail revenue. However,… Read More

Confidence continues in the Manhattan retail market

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REBNY Research reports that the Manhattan retail leasing market is proving to be an outlier against the national retail slowdown. Increased interest from retailers has spread throughout Manhattan, showing that there is confidence in Manhattan retail overall.

As the market’s natural retail correction continues, Manhattan rental rates for 72% of… Read More