Retail Posts

4 Trends in Experiential Retail CRE Players Should Watch

The retail landscape has been changing for quite some time with the largest impact coming from online retailers and more purchases being made on the internet. Retailers are coming up with different ways to attract customers to their stores. One of these ways is by creating “experiential” retail locations or locations that are an experience for the customer. These experiential stores can help to reimagine the retail landscape and how retail spaces are being utilized.

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3 Big Trends from the Retail Sector in 2016

The retail sector has seen some dramatic shifts in the past years as technology and the presence of online shopping continues to evolve and grow. While online shopping has changed the way that consumers consume, there is still desire and demand for brick and mortar. 

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The Internet Isn't Killing Malls - Better Malls Are

Fred Schmidt, CBC President & COO, recently commented on brick-and-mortar retail for a feature story in Racked. The story, titled “The Internet Isn’t Killing Malls – Better Malls Are”, explores how retailers and malls that offer amenities, high-end stores and experiences are beating out traditional shopping malls.

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Retail Renovation Spurs Construction Growth in 2016

Retail construction is leading all other property types, growing nearly 25% in 2015 over the previous year. The hard-hit retail sector is coming around, and a large portion of the building going on in retail is renovation rather than new construction. This trend is expected to continue, with estimates for retail construction growth coming in at 9% (120msf) for 2016. The added value will be about 10% ($20 billion).

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