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Home Improvement Refresh: How Retailers Focus on New Store Growth
The last few years of home improvement projects have had home furnishing retailers in the black, primed for brick-and-mortar expansion. A recent survey found that 60% of homeowners plan to slow their...
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2023 Thanksgiving Weekend Shopping Results: Anticipating a 3.1% Holiday...
Over 200 million shoppers engaged in online and in-store transactions over the Thanksgiving holiday shopping weekend, a 0.4% uptick compared to 2022. The weekend saw a dual-channel approach, as 134.3...
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Retail Recorded: Episode 25: Neil Saunders, What’s in Store for 2024
In this month’s episode of Retail Recorded, Anjee Solanki and Neil Saunders, Managing Director and Retail Analyst at GlobalData Retail, discuss retail trends with a recap of 2023 and a forecast of...
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ICSC New York 2023 Recap
The Innovating Commerce Serving Communities (ICSC) conference returned to New York this December with the convergence of 7,500 professionals at the Javits Center in Manhattan from the Marketplaces...
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The Most Successful, Trusted Brands Seamlessly Intersect the Online and...
Trust is a critical element in consumer relationships with brands. In our recent Winter 2023 Retail Report: The Future of Retail in 2024 through Store Expansion and Investment Dynamics, we discovered...
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Retail Recorded: Episode 26 | 2023 Retail Highlights with Nicole Larson
In this month’s episode of Retail Recorded, Nicole Larson, National Manager of Retail Research at Colliers, joins host Anjee Solanki for a lively recap of retail highlights for 2023. From the Black...
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Season’s Earnings: A Recap of the 2023 Holiday Sales
A Mastercard report showed U.S. retail sales increased 3.1% between November 1st and December 24th as consumers sought last-minute Christmas deals amid big promotions. The rise in holiday retail sales...
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2024 Retail Outlook
2023 Year-in-Review The retail industry remained in expansion mode, as tenants leased over 250 million square feet of retail space in 2023. Leasing activity followed consumer spending patterns, as...
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Consumer Spending Ends the Year on a Sturdy Note | U.S. Retail Q4 2023
Retail sales ended the year on a solid note, as core retail sales, excluding gasoline, food service, and auto vehicle purchases, increased by 3.3% at the end of 2023. The holiday period saw consumers...
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A Swiftie Super Bowl: Uniting Sports, Music, and Consumer Culture
Super Bowl LVIII is the pinnacle of excitement for the National Football League (NFL). Held annually on the second Sunday of February, this championship event unites the finest teams from the AFC and...
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Robotic Tech Innovations and Their Impact on the Restaurant Industry
Earlier this month, senior leaders gathered at CES in Las Vegas to revel in the latest technologies set to revolutionize the global marketplace. The event’s theme was heavily influenced by artificial...
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Retail Recorded: Episode 27 | The New Face of Urban Offices: How Landlords...
In this month’s episode of Retail Recorded, Anjee Solanki chats with Michael Lirtzman, Colliers’ Head of Office Agency Leasing, on how retail supports office environments. Together, they discuss the...
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The Rise of Retro: Why 90s Style Is Back in Fashion and What It Means for...
This year’s hottest retail brands might strike a familiar chord. Gen-Z’s obsession with the decades before digital has revitalized 90s fashion. For the nostalgia-infused, younger generation discovering...
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Clicks, Bricks, and Clicks: The Transformation of Physical Stores in the...
The retail landscape in 2023, compelled by the stabilization of e-commerce, adapted its physical stores to accommodate changing consumer behaviors. National chains downsized their footprints, falling...
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The Foot Traffic Rebound: A Temporary Blip or a Lasting Trend?
Compared to previous years, 2023 saw a general improvement in foot traffic across multiple sectors, with some industries recovering faster than others. Driven mainly by a return to normalcy...
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And the Award Goes to….Retail! Honoring the Industry’s Oscar-Worthy Impact
The Awards season is here, and who doesn’t love regaling the glitz and glamor of Hollywood’s brightest stars dressed to the nines? And while the silver screen is the season’s star, we’d like to turn...
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Are You Ready to Pay with Your Palm? The Rise of Biometrics in Retail
Biometric systems are making their way into the retail space and are gaining popularity as an authentication method for digital features online and in-store. As retailers enhance the customers’...
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ICSC’s Jazmen Johnson Leads the Charge for DEI Initiatives, Attracting Young...
To close out Women’s History Month, Anjee Solanki interviews Jazmen Johnson, Vice President, Diversity, Equity & Inclusion, ICSC, to discuss CRE career pathing and how DEI best practices can...
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The Store-in-Store Revolution: Redefining Retail in the Age of Partnerships
The store-in-store concept is a thriving retail strategy that has reached a wider audience and scaled businesses among big box retailers like Target, Walmart, and others. These retail giants are...
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Navigating the Market Dynamics Tightrope | U.S. Retail Q1 2024
The first quarter of 2024 was marked by notable tightness in retail fundamentals, driven by a significant decrease in new space entering the market due to tenant move-outs and a long-term trend of...
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Can Costco Maintain its Crown? A Look at the Retail Giant’s Strategy
Costco, the warehouse club giant, has carved itself a niche in the retail world. Beyond the aisles of bulk paper towels and mountains of clothing lies a carefully crafted business model prioritizing...
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The Retail Shift: Exploring Historical Changes in Store Footprints
The retail industry has undergone a significant transformation over the past five years, primarily influenced by the burgeoning rise of online shopping and shifting consumer preferences. As more...
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ICSC Las Vegas 2024 : Top 10 Key Takeaways from Colliers
The ICSC LAS VEGAS convention gathered approximately 25,000 industry professionals for deal-making, trend exploration, and networking. Legendary football coach Nick Saban delivered a motivational...
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The Ultimate Guide to the U.S.’s Coolest Retail Hotspots
For fashion enthusiasts, the thrill of discovering new trends is not limited to the high streets of international cities like London, Paris, Milan, and New York. In recent years, cities like Austin,...
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Retail Recorded, Episode 28 | Beyond Storefronts: A Holistic Approach to...
Join host Anjee Solanki on Retail Recorded as she sits down with Alberta Waller, Senior VP for Real Estate Management Services at Colliers, in a conversation about valuable insights on the effective...
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Fall 2023 Retail Report
A Guide to U.S. Store Expansion Strategies for Investors and Retailers The Fall 2023 report highlights the evolving nature of the retail industry, emphasizing that it is far from being obsolete. It...
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The Service-Driven Consumer Economy: Summer Retail Experiences
With significant restrictions placed on services during the early periods of the pandemic, consumers shifted their energy towards the consumption of goods. However, since the second quarter of 2021,...
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Quick Hits | MSCI August Update
Office Investors poured $2.9 billion into the office market in August, a slight uptick from July’s lows. Of all the asset classes, office remains the most out of favor. Deals north of $100 million are...
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A Global Perspective on ESG Commercial Real Estate Practices
The challenges of achieving environmental, social, and governance resilience (ESG+R) at a level accepted and capable of impacting change have become a definitive focus by retailers. The industry has...
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Quick Hits | 2023 Q3 MSCI Sales Update
After volume increased in Q2, the market reversed course, and sales decreased in Q3. Seasonality wasn’t a factor, as volume typically rises about 10% in Q3. However, it does demonstrate the continued...
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Amazon Prime Day Influences Consumer Spending and Other Retailers
Walmart, Target and Kohl’s hosted companion sales deal days to go head-to-head with Amazon’s Prime Days this October. An estimated 148.83 million consumers were expected to participate in the deal days...
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Retail: Recorded, Episode 24 | The American Dream is Retail Experiential
In our next episode of Retail Recorded, Anjee Solanki interviews Dimitri LaLagos, SVP of Leasing and Retail Development, at Triple Five, the holding company that owns and operates American Dream in New...
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Sustained Consumer Interest Drives Retail Momentum Upward | U.S. Retail Q3 2023
Despite longstanding concerns of a softening economy and eventual pullback in consumer spending, the U.S. retail market has remained resilient through the first three quarters of the year thanks to...
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The American Dream is Retail Experiential
Ten years ago, Don Ghermezian, CEO and Founder of Triple Five Group, had a vision of the American Dream. For those who may not know, American Dream is an entertainment and shopping complex five miles...
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The Christmas Creep: Consumers Continue the Trend of Early Holiday Shopping
Six weeks ahead of the traditional holiday shopping season, retailers already kicked off and extended their promotions and sales to capture early-bird shoppers. Some retailers started the shopping...
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New Trends, New Tides: Retailers Ride the Wave to Miami over New York
The competition among cities to attract retailers has always been fierce, with New York long being considered the epicenter of retail and trendsetting. However, lately the sunny, vibrant streets of...
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Pouring Progress: The Shift in Sipping Habits
Today’s consumers are curiously driving a significant shift in the food and beverage landscape. The proliferation of multicultural flavors has cultivated a sophisticated palate; with it, consumers...
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Social Networks as Marketplaces: How Social Commerce is Reshaping the Retail...
In the era of digital transformation, the landscape of online shopping is swiftly evolving, with social commerce emerging as a revolutionary trend. Social commerce seamlessly integrates the convenience...
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Demand Surge and Steady Vacancy Rates Drive Growth | U.S. Retail Q2 2024
As the first half of 2024 unfolds, the U.S. retail market continues to exhibit resilience in the face of varied economic headwinds. The second quarter has provided both challenges and opportunities for...
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Retail Recorded, Episode 29 | Harnessing Human-Driven Data: How Spatial.AI is...
Lÿden Foust, CEO of Spatial AI, joins Anjee Solanki for this month’s episode of Retail Recorded. One of retail’s biggest challenges is identifying its core consumers; Spatial AI works with brands to...
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Quick Hits | Everybody’s Gotta Eat: Retail Spending on Food Remains Strong
Leasing remains concentrated in smaller spaces of under 2,500 SF, where activity is overwhelmingly driven by growth from quick-service restaurants and personal services. Tenants such as Starbucks,...
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Taste the World: How America’s Changing Demographics Are Shaping Our Food
The rapid growth of the Asian American population in the U.S. presents a significant opportunity for the food service industry. With their roots spanning over 20 countries, Asian Americans are driving...
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How Subscription Models Like “Fast Pass” Are Revolutionizing Retail Sales
Retailers have offered services like BOPIS, self-checkout, and loyalty rewards for free to enhance the shopping experience. A potential shift in this model could involve charging customers a...
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Back-to-School Shopping in 2024: A Look at Retail’s Past, Present, and Future
Get ready for a deep dive into the fascinating world of retail. We’ll explore the back-to-school forecast trends while also taking you on a journey through the history of retail. From the ancient...
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Retail Recorded, Episode 30 | Designing the Future of Retail from Concept to...
In this episode of Retail: Recorded, host Anjee Solanki interviews Claudia Humphrey, a project manager with Colliers Engineering & Design. They discuss the critical elements of project management,...
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Weekday Shopping Trends: How Hybrid Work is Changing Retail Patterns
Hybrid Work Growth and its Impact In the post-pandemic world, hybrid work models have transformed where and how people work and their shopping habits. With more flexible schedules, many workers are...
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The Retail Foot Traffic Battle: Harnessing the Power of Omnichannel Strategies
Over the last year, nearly every retail segment experienced an upward swing in visitations. Shoppers returned to stores in force with mall foot traffic experiencing a boost, right along with downtown...
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Limited Supply Drives Stable Vacancy Rates and Rising Rents | U.S. Retail Q3...
As we enter the year’s final quarter, the U.S. retail market continues to demonstrate impressive resilience, with vacancy rates holding steady and fueling confidence in the sector’s performance....
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C-Store Revolution: A Change of C-nery in Retail Convenience
The convenience store sector has emerged as a retail powerhouse, achieving $860 billion in sales in 2023. Following a record 534,262 square feet leased in 2021, store leasing activity remains robust,...
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Retail Capital Market Trends: East vs. West Coast – A Tale of Two Regions
Commercial real estate, particularly retail investments, has become increasingly attractive to investors as cap rate spreads have widened across all asset classes. Retail investments offer a compelling...
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