Tag Archives: Retailers

Comparing top retail spending neighborhoods in Los Angeles

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Within Los Angeles, Venice leads the pack with $17,351 per capital spent on retail annually.

PowerPoint Presentation

We could expect increases in per capital spending on retail goods in downtown as retailers continue to flock to the area.

For more information contact Kevin Carroll

Visit the JLL Los Angeles Research webpage for additional market insight.

Source: JLL Researchand ESRI Business Analyst Online
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Millenials driving retail industry to revisit in-store sales strategies

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Note: The following article originally appeared on JLL’s Retail Blog

Retailers and mall owners have their in-store sales strategies centered right on Millennials, the generation ages 18 to 34. This fast-growing consumer segment totals 80 million Americans who spend approximately $600 billion annually. Knowing how to attract Millennials’ money is the name of the game for retailers and retail owners and investors attending the International Council of Shopping Centers (ICSC) Real Estate Conference (RECon) this week… Read More

What makes the southern California retail real estate market so competitive?

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GlobeSt.com featured JLL LA‘s Craig Killman in their article ‘Southern California Retail Strong in Coastal Towns.’

Craig Killman weighed in on some of the reasons why SoCal is a monumental and cut-throat retail real estate market. When the recession hit and the single-family housing market fell, residents found themselves renting in high… Read More

​Retail real estate development grows with energy sector

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US cities with strong energy industries have experienced increased employment and burgeoning housing demand. This means retail real estate development is on the rise as well. View the infographic below to see how these factors combine, and what markets are seeing the greatest brick-and-mortar growth as a result.

Retail revival energy infographic

Tweet this: #retail development is on the rise in US cities with strong #energy… Read More

5 strategies to drive retail sales this holiday season

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When the holiday season officially kicks off the day after Thanksgiving, retailers will be scurrying to make the most of a compressed shopping season that is six days shorter than last year. In addition to timing considerations, increased competition is also pushing retail operators to re-evaluate their strategies and service offerings this year. Our retail experts have identified 5 key strategies retailers should employ this holiday season to capture and maximize… Read More

Meeting the needs of the “me” generation: The new normal of retailing

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Technology has catapulted the evolution of retail. As Gen X, Y and the Millennials change the way goods are consumed, JLL’s retail experts, embarking on the ICSC Real Estate Conference (RECon), highlight 10 key trends sure to change the course of the retail industry.

“For the retail industry to succeed, a multi-channel strategy will need to be adopted to meet the ever-changing needs of consumers.” Greg Maloney

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Distribution operations for major retailers and large third-party logistic firms (3PLs) seek space across the region

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GlobeSt.com had an exclusive interview with Americas President, Industrial Brokerage Craig S. Meyer, SIOR, FRICS on the West Coast industrial sector.

Craig shares his thoughts on how our West Coast industrial operations are scaling up to meet growing client demand. In Southern California, we identified… Read More

Retail: Renovate and rebuild to retain

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Craig Killman, Senior Vice President, discusses his outlook on how consumer confidence impacts the retail market in an exclusive thought leadership video on GlobeSt.com. After the 2008 financial meltdown consumer confidence slipped to 41 points. We hope to end 2013 increasing to 74 points which is a far cry from the 107 points in 2005-2006.

2013-Killman_Craig-Retail-development-video-screenshotRead More