Friedman's has been selling shoes in South Downtown Atlanta since 1929. #downtownatlanta #retail #cre #commercialrealestate
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Saker Properties expanded their ownership of several ShopRite stores throughout Ocean & Monmouth counties by acquiring the Manahawkin Commons Shopping Center, this past December, for $36.5 million. This acquisition includes the Manahawkin ShopRite located at Stafford Square Mall and extends Saker's ownership to other ShopRite stores in Ocean County that were previously owned by Perlmutter, purchased in 2021. These include locations in Toms River, Lacey, Waretown, Manchester, Jackson, and Bayville. Currently, Manahawkin Commons has multiple vacant spaces, notably the large Kmart store that shut down in 2017. The future plans for the retail center by Saker have not been disclosed, as no official proposals have been filed with the Stafford planning board. Previously, there were discussions about filling the vacancies with major retailers like Burlington Coat Factory, Old Navy, and Ross Dress for Less. Manahawkin Commons continues to house several other tenants, including TJ Maxx/Home Goods, Regal Cinemas 10, Michael's, and Famous Footwear. Photo Creds: MCB Properties #CRE #NJProperties #NJRealEstate #NJRealtor #CommercialProperty
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A different perspective: One of the greatest challenges for retail in Wisconsin is a lack of vacancy. The acquisition of Rogan's Shoes by Shoe Carnival, Inc. will create opportunity for others. Consider how the many submarkets where both shoe retailers have storefronts. You can be certain that they will consolidate, eventually - making a storefront available to another business. The departure might be good news for the current landlord(s), who are likely to find a replacement tenant at a higher rent.
53-year-old Racine-based Rogan’s Shoes acquired by Shoe Carnival
journaltimes.com
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M&S’s Polo Some 30 years ago, BDALondon was working with M&S to help develop products that they could no longer make in their supply chain in the UK. At the time, 99% of goods sold in M&S were made in the UK, but they were under price stress from competitors sourcing from the East. Quality and styles had been compromised to hit commercial price points. We landed in Hong Kong (still a British colony) with lots of product ideas around 1990. One of the M&S buyers (or selectors, as they were called) for the leisurewear department (known as T28) was thrilled to have discovered the factory that made the polo shirt for Ralph Lauren, which was the gold standard at the time for quality, style, and fit. M&S developed a very similar polo with the said factory and realized they could hit a retail selling price of circa £5*, compared to RL's £25*. *These price points are what I remember, so don’t quote me, but it gives you an accurate relativity. (Please, anyone in my network, help with more accurate price pointing.) The assumption was this superior quality, fit, and style would offer the M&S customer such great value that sales would grow exponentially. However, what wasn’t factored in was the old dark arts of marketing! As you’ve probably guessed, there was no significant change in sales. The same guys came into the same store and bought the same amount of polos that they’ve always needed. From both brands. The strength of the M&S brand was so strong that customer loyalty drove a perception that M&S quality was always superior to anyone else’s. The strength of Ralph Lauren doesn’t need explaining. #innovation #offshore #sustainabilty #bdalondon #trendhub #marksandspencer #ralphlauren
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BREITLING CEO George Kern on retail « We have 230 boutiques around the world, we have roughly 25 boutiques in the US, we even have four boutiques in New York. People want to live the experience; people want to have the “360” of the brand. They want to talk to our great colleagues here; they want to understand the brand — they want to see the whole collection… And in particular, young people want to see it. And it's still a physical purchase. So it's not about e-commerce. You get the information on our website or the web, and then you buy physically in boutiques ». #watchretail #retailing #georgekern #breitling
Breitling CEO on 'crazy' growth in watch market; why Rolex-Bucherer deal isn't a threat
finance.yahoo.com
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The people have spoken... Forbes has compiled a list of the best men's polo shirts from stylish to sporty. And bonus, several of these can be found at our properties! What is your favorite? #retail #retailtrends #mensretail #cre #shoppingtrends
The Best Polo Shirts For Men, From Stylish To Sporty
forbes.com
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PRICE PSYCHOLOGY I came across two stores in town that were selling Timberland imitations. To my surprise, the same imitation brand was priced differently. In Store A the shoe was $35 and in Store B it was $65. A week later (today) I passed by the same stores again to my surprise store B (priced higher) had run out of stock of this shoe and store A (priced lower had a few left). Logic would have made any of us assume in a low-income economy like ours customers would rush to buy the cheaper option but alas. Here is my observation to this: Timberland enthusiasts want clothing that is durable. This is automatically associated with a higher price. So, although a customer knew that both stores were selling imitations, shop B's Timberland had a higher price, and customers assumed it had to be of better quality than that of shop A. This assumption is cemented by the reality that Original Timberlands are pricey. As I am writing this, even with this knowledge, I am also still inclined to buy from Shop B. Deep down I feel it will be a better investment than buying a Timberland Imitation from Shop A. The cheaper price will not always attract more sales, rather it can raise suspicion. When pricing take into account the type of product, underlying customer beliefs, and your profit margins. Strike a balance between these and you will win the market. What has been your experience with price? Share below and let us learn from you as well. Art by Guy Bulliot #Branding #Marketing #Pricing #Business #Price #Sale #Sells #Sales #Grow #entreprenuership
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Handbag Wars: Coach vs. Michael Kors is Now Coach Michael Kors. #Tapestry, the parent company of #Coach, Kate Spade, and Stuart Weitzman, is set to add Michael Kors, #Versace, and Jimmy Choo to its bag after striking a deal to acquire Capri Holdings in a deal reportedly worth some $8.5B. The 6 brands netted a collective $12B in #revenue last year and, according to Tapestry CEO Joanne Crevoiserat, will combine to create “a new powerful global luxury house”, presumably with an eye on competing with European behemoths like #LVMH and Hermès. Michael Kors is very much the jewel in the Capri crown. In the last financial year, MK’s bags, #accessories, and #clothing accounted for ~70% of Capri Holdings’ #sales, and the company eked out a 22% operating margin on those sales, better than the 14% managed at Versace, and the 6% for Jimmy Choo. #Coach and Michael Kors have been locked in a handbag war that has raged for nearly a decade. In recent years, Coach has gained the upper hand thanks to a careful strategy: don’t over-expose in department stores, re-target the younger demographic with pop-up shops and new designs, and use more sustainable materials. That trifecta has worked, with Coach able to steadily raise prices — hence some analysts seeing this deal as a final victory for Tapestry. But, negotiations were presumably fierce and Tapestry is having to reach very deep into its #luxury purse. The agreement has been struck at $57 for every Capri share, a whopping 59% premium over the average from the last 30 days. [email protected] 818-914-9271 #tradecreditinsurance
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Carhartt has recently broadened the scope of its Carhartt Reworked resale initiative, allowing customers throughout the United States to send in their used items by mail in return for store credit. This move is part of a strategic effort to engage with the secondhand market and highlight the brand's commitment to sustainability. Initially rolled out as a trial in early 2023, the program began accepting trade-ins at 35 of its retail locations starting in July. It seeks to capitalize on the rapidly expanding resale market, which, according to the Ellen MacArthur Foundation, generated $1 billion in revenue in 2022 and is expected to account for nearly a quarter of all fashion sales by 2027. Learn more: https://bit.ly/3PuOFrn PC: Carhartt Reworked Gretchen R. Valade GreenBiz Group #sbndetroit #sustainablebusinessnetwork #sustainablebusinessnetworkdetroit #sustainablebusiness #environmentaljustice #climateaction #sustainabledetroit #southeastmichigan #detroit #conventioncenter #exhibitspace #ballroom #eventindustry #honeycombstrategies #environmentalstewardship #sustainabilityinitiatives #sustainablefuture
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We can't keep this secret any longer: Aritzia is coming to Legacy West this summer! Known for everyday luxury, this Canadian apparel company promises an unmatched shopping experience with trendy clothing & accessories. Noor Adatia, Staff Writer at Dallas Business Journal, shares about our exciting new tenant in the article article below. https://lnkd.in/gV_be4K4 #retail #realestate #leasing #prismplaces
Canadian clothing co. selling 'everyday luxury' zeroes in on third DFW location - Dallas Business Journal
bizjournals.com
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Even our furry clients like to rock our merch🤩 Check out America sporting our cozy winter hat. A big thanks to Topdeck Apparel & Promotions for getting us these beauties. Comment below if you’d like one for yourself!🌲 . . . #kelseyandcorealestate #merch #realtor #realtorlife #ctrealestate #ctrealtor #ctrealestateagent #realestateagent #realestate #advertising
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