MANGO’s Post

of Retail "JLL Appoints Matt Betterman as Senior Vice President of Retail, Formerly of Newmark" Read the full article below..

Gotta get #physical to be #omnichannelretail! "Rothy's is betting big on #brickandmortar in the new year. With 18 #stores in operation, the sustainable company plans to open at least another 10 in the U.S. in 2024. This year, Rothy’s opened four stores, and the #locations helped fuel a 37 percent increase in #retailsales to date this year. Going forward, key markets include Texas, #Florida and the Northeast region." #larrytheleasinglawyer #shoppingandtheretailindustry #retailleasing

Exciting News! Retail dreams fulfilled at Part GF, 18 Stanley Street, Auckland CBD, leased by Pieter Venter from Frank Commercial in conjunction with Ruby Duan from Barfoot & Thompson. Ready to elevate your business? Let's make it happen! #RetailSuccess #AucklandCBD #LeaseComplete" 

A well-run business with a keen eye for customer needs will always surge ahead of the mediocre

What's Shaking in Retail Real Estate This August? 🏢✨ 📉 Remember Quiznos? Boasting 4,700 stores around 2007, Quiznos the sub shop is now down to just 150. But they're making a comeback, partnering with convenience stores to expand their reach! 🥪🏪 🇯🇵 Daiso USA is Growing! The beloved affordable Japanese-inspired home decor, stationery, and food store is opening three new locations in California and Texas. 📚🍱🏠 🚪 Big Lots Store Closures Originally planning to close 35-40 stores, Big Lots has now identified about 135 stores across more than two dozen states for closure—over three times the initial number. 📉🛒 🛢️ Chevron's Big Move Chevron is relocating its headquarters from California to Texas, growing its Houston workforce from 7,000 as corporate functions transition from San Ramon. Despite the move, Chevron’s California core operations will continue as usual. 🌍➡️🤠 🇨🇦 UNIQLO Expands in Canada UNIQLO is opening four new stores this fall in Toronto, Mississauga, Brampton, and Langley, bringing more of their stylish and affordable clothing to Canada! 👕🛍️🍁 #commercialrealestate #retailrealestate #retailnews

It is generally all doom and gloom when business media write about department stores. This article by the FT strikes a more positive, balanced tone. I particularly like the quotes by ex-Selfridges employee and current Fenwick’s CEO, John Edgar: “When I first started working at Selfridges . . . it was like a stage set being reset every morning for the performance of the day and that’s a different mentality to somebody just unlocking the door and saying ‘Right, now we’re open, can we take some money?’” “That’s what we try and do in this type of business and that’s what department stores are about — it’s about a performance for the day to entice people to excite themselves.” “We’re trading on experience . . . exclusivity, uniqueness, and hospitality.” …to which I would add sustainability. There is something about the theatre, longevity and community-building powers of department stores that simply cannot be replicated by any other type of business. Don’t write us off just yet.

Last week's UK retail updates brought some significant news and insights. From department store leadership changes and restructurings to new store openings and impressive financial results, there's a lot happening in the industry. These developments are a clear sign of how UK retailers are adapting and innovating in response to market dynamics. What are your thoughts on these recent trends and their potential impact on the future of UK retail? #RetailInsights #Leadership #MarketTrends #UKRetail

Our fearless leader Edie Weintraub was recently featured in a Bisnow article all about the obstacles Atlanta retailers are facing. “While most of the drop was attributed to the lack of availability, many retailers are opening smaller-than-expected locations. Shrinking store footprints are helping retailers achieve cash flow sooner with new locations.” Click the link below to read the full article: https://lnkd.in/eG-zXMVt #CRE #BusinessFeature #BisNow #AtlantaMarket

🔹 Attention all professionals and industry insiders: Carpetright has announced the closure of most of its shops, resulting in the unfortunate loss of nearly 1,600 jobs. This move comes as a significant development in the retail sector, highlighting the challenges faced by traditional brick-and-mortar stores in the current market landscape. As we witness this shift, let's reflect on the industry's resilience and adaptability in the face of change. Join the conversation and share your insights on the future of retail. #Carpetright #RetailSector #AdaptabilityNeeded https://ift.tt/gi7yKs0

Another bumper haul from the last seven days coverage from Retail Week Big week of #departmentstore exclusives, spearheaded by the one and only George MacDonald. 👚John Lewis & Partners restructuring its buying and merchandising teams in an effort to "turbocharge" growth: https://shorturl.at/hTQ17 👨💼 Fenwick names department store veteran Nigel Blow as new CEO as it prepares for "next phase" of business development: https://shorturl.at/Uftd9 🛍 Sticking with the department store theme, George's column thundered 'Department store leadership merry-go-round shows a sector adapting to change': https://shorturl.at/GTte4 📈 The long-read last week from Ellis Hawthorne ranked the UK's most productive department stores with luxury London destination Selfridges coming out on top: https://shorturl.at/Dd3Rk 🌦 Next issued its results last week, beating all expectations despite a wet, windy and cold start to summer: https://shorturl.at/1TbS3 🏬 Megan Robinson visited Southside Shopping Centre in London in Wandsworth to see how the site has been investing in its mix to take the fight back to Battersea Power Station: https://lnkd.in/eawjyFy8 🍭 Chloe M. sat down with Candy Kittens co-founder and CEO Edward Williams to discuss the brand’s growth, the importance of retail partners, why every business wants B Corp status and the secrets to its sweet success: https://lnkd.in/eHpyH5RE 👟 Ritika Bhoora sat down with JD Sports Fashion global managing director Michael Armstrong in the retail giant's new Westfield Stratford flagship to discover why the store is becoming the blueprint for its global roll out: https://lnkd.in/ewCEf3Qa 🧘♀️ Alo Yoga's new flagship store on Regent Street also opened last week, featuring its “studio-to-street” collection and, of all things, a live tree: https://lnkd.in/e9AaaS22 🏪 I had a look at which retailers are eyeing off the more than 200 stores being left vacant by the collapse of Carpetright: https://lnkd.in/ezJ4YW9S 🌭 Greggs CEO Roisin Currie alos discussed price rises, eyeing up new stores, winning share from the fast-food giants and whether the Euros and Olympics have boosted footfall and sales: https://lnkd.in/eXNTbnCZ 🤖 Lisa Byfield-Green's column was on Amazon and how the retail titan is feeling the heat from the likes of Temu: https://lnkd.in/e4K_cxbD