Australian brick-and-mortar retail continues to shift toward food and services. Spending at cafes and restaurants increased by 5.5 percent year-over-year while spending on apparel and accessories rose by only 1.7 percent with department store sales decreasing by one percent, according … Continue reading →
Multi-level retail is experiencing a renaissance of sorts, particularly densely populated cities such as New York. Here are some of the design and planning factors contributing to its revival: Starting interior retail one floor up from street level to prevent … Continue reading →
McLean-based Capital One recently purchase the prime Georgetown property located at 3150 M NW for $50.2 million ($5,720/sf), according to Washington Business Journal. The sale of the 8,769sf retail building breaks the record for a non-redevelopment transaction in DC, according … Continue reading →
The supply of single-tenant dollar store properties increased by 34 percent in Q2–2017 when compared to Q2–2016 with cap rates rising from 6.65 percent to 6.75 percent during this period, according to Commercial Property Executive. The significant increase in supply … Continue reading →
Apple – $5,546/sf Generation Next Franchise Brands – $3,970/sf Murphy USA – $3,721/sf Tiffany & Co. – $2,951/sf Moreover, each man should be aware that cialis on line health and a very reliable customer support. It provides bargain prices buy … Continue reading →
Starbucks will close all 379 Teavana stores citing underperformance, according to MarketWatch. The coffee company purchased the primarily mall-based Teavana chain in 2012 for about $620 million. Starbucks will continue to sell Teavana-branded products in its Choose viagra india prices … Continue reading →
Amazon is growing at 30 percent per year, according to Business Insider (citing analysis from Needham & Company). The online retailer’s market share is expected to grow from its current 34 percent to about 50 percent in 2020. Third-party selling … Continue reading →
Retail sector lobbying expenditures increased by 31 percent in Q1–2017 compared with the same period last year, according to OpenSecrets.org. Better technology and the resulting shift in shopping culture has let to economic distress for the retail sector, especially for … Continue reading →
Oakland-based Blue Bottle Coffee Company has opened its first DC location at 1046 Potomac Street NW in Georgetown. Founded in 2002 by James Freeman, the gourmet coffee chain also has stores in California, New York and Tokyo. In addition to … Continue reading →
High in-migration and lower unemployment rates have created positive conditions for the Denver retail sector. During Q-1 2017, Denver saw lower vacancy rates than during any quarter of 2016, according to Colliers International. Net absorption during this quarter was positive … Continue reading →