A principal from the private equity firm that’s backed companies such as Authentic Brands Group and John Varvatos says investors and landlords have to look beyond traditional retail metrics to gauge the strength of a brand.
There were mixed signals at the ReCon conference in Las Vegas, including reticence on the part of may retailers to expand.
JLL’s 2016 “Destination Retail Report,” released during ReCon, cited Manhattan as the most attractive U.S. city for cross-border luxury brands.
Such sites of retail and mixed-use plays are fitting backdrops for the authentic experiences the industry craves and Millennials now demand.
Retailers and shopping center owners are adjusting their expectations and ideas of what makes the right tenants or co-tenants. At the end of the day, it’s all about getting people onto a property.
The Millennial male lifestyle brand wants to meet its customers wherever they are whether that be in store or on a phone.
Centers and retailers must deliver on the “fundamental brand promise” without getting so bogged down in tech that creativity is stifled, the executive said during ICSC’s annual retail real estate conference.
As they head to the International Council of Shopping Centers’ ReCon conference, taking place next week in Las Vegas, mall and city street landlords are figuring out ways to reuse space and entice shoppers with entertaining experiences while remaining profitable.
Related Cos. enticed Neiman Marcus to its transformational Hudson Yards project with numerous unique
design elements and a distinct culinary component.
The ceo of developer General Growth Properties says the key to successful mall operation is having the right amount and the right mix of tenants.