With cold months behind us and COVID cases on the decline, we are entering into a new season: a season of hope. Retailers are reflecting that hopeful attitude by opening more locations. Hope is permeating as vaccines are widely available and as a nation we are shrugging off the hardships of enduring over a year… Continue reading Expanding Retailers to Bring to Your Shopping Center
Category: Coronavirus
Utilizing an Open Space Concept as a Leasing Agent
Open outdoor space integrated among retail has become a highly sought after luxury during the COVID-19 pandemic, while requiring ample amount of open space for social distancing. Though we may be on the tail end of the pandemic, the commodity of open outdoor space in shopping centers will be a desirable trend moving forward and… Continue reading Utilizing an Open Space Concept as a Leasing Agent
COVID Impact on Breweries
Over the past decade craft beer has often seemed like a sure bet when it comes to growth and stability. In 2010 there were just 1,759 craft brewers in the US. In 2019, there were almost 7,500. The industry also saw 4% growth in production year over year, increasing the craft segment’s market share of… Continue reading COVID Impact on Breweries
How COVID affected the demand for Pizza
According to consumers, take out and delivery is most commonly associated with pizza. To be precise, when consumers were asked, 63% reported they wanted pizza. The pandemic has hearkened in a new age for restaurants in many respects. One aspect all restaurants have had to learn early on to survive financially in 2020 is that… Continue reading How COVID affected the demand for Pizza
The Future of Childcare Centers Post Pandemic
The pandemic forced sweeping closures of daycare facilities across the country earlier this year, and while many have re-opened, it seems almost 40% of childcare centers and family childcare programs remain closed nationwide. Those that remain open are operating at very low capacity. But don’t count them out as potential tenants. While challenges are present,… Continue reading The Future of Childcare Centers Post Pandemic
Retail-to-Industrial Conversions Find Traction Amid Pandemic
Retail industry experts have promulgated the idea that the pandemic and subsequent lockdowns simply sped up the inevitable demise of shopping centers, malls and retailers that for years had struggled to survive. It also could be said that the health crisis has accelerated another trend that was gaining momentum: establishing last-mile e-commerce logistics hubs at… Continue reading Retail-to-Industrial Conversions Find Traction Amid Pandemic
How COVID-19 has changed Nordstrom’s Store Revamp Plans
Nordstrom is certainly not the only department store that has taken a hit from COVID-19, but their reputation as having highly experiential retail and in-depth customer service and engagement mean it can be harder to open during a highly contagious pandemic.Nordstrom had already announced it would permanently close 16 of its department stores in response… Continue reading How COVID-19 has changed Nordstrom’s Store Revamp Plans
4 Retailers Exceeding Expectations during Covid-19
The early days of the pandemic provided some brands enormous success, especially if they still had toilet paper to sell. Other brands during lock down suffered tremendously. As COVID raged through our nation, a few brands unexpectedly did better than anticipated. In this battle to keep alive, these businesses, with a mixture of preparedness and… Continue reading 4 Retailers Exceeding Expectations during Covid-19
How Quick Service Restaurants (QSRs) are Winning during Covid-19
As the fallout from the COVID-19 pandemic continues, customers continue to be wary of large group gatherings, and many are facing economic hardships. But eating out, or at the very least take out, seems somewhat pandemic proof. In their recent report, McKinsey ran down the current reality of the restaurant business. The verdict? Easy take-out… Continue reading How Quick Service Restaurants (QSRs) are Winning during Covid-19
Walgreens and Publix make the best tenants during the Covid-19 Pandemic
In our recent survey of shopping center managers across the country, we asked them which retailers had been most difficult to deal with during the Covid-19 pandemic. Unsurprisingly, 28% of the respondents told us a restaurant had been their most difficult tenant. In the same survey, we also asked which tenants had been the best… Continue reading Walgreens and Publix make the best tenants during the Covid-19 Pandemic