Luxury retail has been a haute ticket of late. In fact, strong growth in the high-margin luxury segment has been sustenance for the industry during the so-called "retail apocalypse." In 2019, luxury rose above other non-commodity, non-discount retail, growing 4% year-over-year to about $309 billion, according to a Bain & Co. Luxury Study. Luxury customers […]
Physical retail locations competing with ecommerce evolved dramatically since the coronavirus entered our lives. Concepts such as mixing physical retail with ecommerce platforms proved necessary for most current retail brands. Curbside and delivery are also essential to continued success. However, that might not be enough to keep shopping malls alive. Malls that have thrived have […]
The future of the retail industry revolves around technology, and that doesn’t just mean a shift to e-commerce. Proptech real estate companies are transforming the brick-and-mortar shopping experience and how landlords run their shopping centers. Investors are pouring funds into new retail formats, in-store technology, supply chain solutions, and much more. Combined, retail tech funding […]
Did you know that the average American drinks about 26 gallons of beer every year? And this year, besides drinking their favorite beverage, people are trying their best to support their local communities through this difficult time. Always a cozy place for drinks and dinner, many brewpubs now offer to-go bottle or keg service served […]
Are you striving to fill vacant space in your shopping center? If so, it may be time to reboot your marketing strategy. Digital and email marketing for commercial real estate can help you reach the right prospects in your quest to fill your space. By leveraging technology, you can eliminate duplication of effort, streamline and […]
