Retailers Add Lockers to Capitalize on Online Sales

One of the latest trends in online sales is actually taking place in person. Online order pickup lockers are being installed in physical locations, something Amazon has been doing for a while now. The latest company to do this is do-it-yourself superstar retailer Home Depot, which, as Bisnow reports, has begun installation of their own pickup lockers at many locations. The lockers, which are designed to let customers order online and then come in to […]

Grab a Bite to Eat and CoWork, Too? Restaurants Jump into CoWorking

When you think about it, it makes sense to turn restaurants into CoWorking spaces. The CoWorking model emerged after 2008 when the economy was in freefall and unemployment was in the double digits in many places. Coffee shops became the place to network, start a business, do freelance and contract work – anything to make money when there were no jobs. Thos café entrepreneurs soon began launching businesses to great success. Many who left the […]

Retail is Still Thriving: These Brands are Opening Stores

Retail isn’t all doom and gloom—there are plenty of retailers that are opening stores instead of closing them. Moreover, many are planning to expand beyond this year. However, there is a fundamental change that is happening causing this weird paradigm where there are brand named box store closings everywhere while simultaneously brand named stores are opening and expanding. The need for enormous department stores and outlet buildings has passed. These days retail is getting smaller […]

5 Reasons to View Flexible Space as an Amenity to Attract Tenants

WeWork started the concept but it has only grown and expanded from there. The co-working or flex space model which began in NYC is fast becoming the new Uber of commercial office space. With large corporations abandoning the traditional work model for more flex space, it is changing how landlords attract and retain tenants. Recently, landlords are discovering that they can use their building’s flex space as an amenity to attract tenants. Flex space isn’t […]

Industrial Cold Storage: 5 Things to Know

Amazon’s growth into grocery is transforming industrial cold storage from a niche CRE market into a necessary link in grocery supply chains. According to the numbers, millennials will affect overall online grocery sales with some predicting that within seven years, 70% of people will buy their groceries online. A rising tide of new online grocers as well as traditional grocers is getting into same day delivery in order to meet that demand – increasing the […]

Should Traditional Distribution and E-Fulfillment Live in One Building?

If you live in the U.S., there is an Amazon warehouse less than 20 miles from you, according to L2, Inc. E-commerce made warehouses, distribution centers, and fulfillment centers “sexy” again. The cloud and wireless technology has transformed clunky cement buildings into data centers and now, ULI (Urban Land Institute) puts warehouses and fulfillment centers at the top of their Emerging Trends Report for 2018. However, while vacancy rates have been well below average for […]

Bridging the Gap between Online and Physical Retail: Warby Parker

They started online, selling high-end glasses for a fraction of the cost at a traditional eyeglass store. Buyers could even pick five frames to be shipped – free of charge – to try on and send back. The ones that they didn’t want, they returned. The ones they wanted to buy, they kept. It was a pretty smart idea to fill a gap in the e-commerce market. For three years, they were an internet sensation. […]

Trending Fitness Concepts Coming to a Neighborhood Near You

From indoor climbing gyms to ping-pong clubs and ballet studios, there has been a big push for unique “fitness concepts” in recent years in vacant shopping centers and malls. We expect this trend to continue into 2018 and beyond with a variety of new fitness concept trends coming to a neighborhood near you.   Charlotte Country Club, Fitness Center, and Resort In-One In Charlotte, unique fitness concepts are taking over the city. One fitness concept […]

Retail Roundup: Arooga’s Sports Bar Plans Second LI Location

Nassau County is getting another place for games and grub. Joe Alagna plans to open the second Arooga’s Grille House & Sports Bar franchise on Long Island — this time in Rockville Centre, said Gary Huether, co-founder and president of the Harrisburg, Pennsylvania-based chain. Alagna also owns the first Arooga’s on Long Island, which opened in 2016 in Patchogue. Arooga’s is taking over the space that Cannon’s Blackthorn, an Irish pub, occupied before closing in March. While no opening […]

Will Small Format Retail Be the Next Big Thing?

Small format stores may not be the next “big thing,” as much as they are a natural step in retail’s revolution, given you understand the role physical retail will play in the future. Mega-retailers like Macy’s, WalMart, Whole Foods, Best Buy, Nordstrom, Kohl’s and Target are among the few making headlines for their downsizing efforts. A lot of these smaller format retailers are downsized by over half the size of their traditional store formats, and […]