Harris Khan’s Post

Hear some words about the event from one of the event's panelists!

Pittsburgh Yards is lighting the way for retailers to transform SW Atlanta and our community, where the emergence of Retail Media Networks is reshaping the very core of marketing in the retail industry. Step into a future where your brand takes the lead with its own trailblazing advertising platform. Trailblazing Retail Marketing: Nestled in the bustling heart of Atlanta, Pittsburgh Yards provides the perfect launchpad for retailers to initiate and grow their advertising networks, transforming every interaction into a chance for brand engagement and expansion. Adaptable Retail Spaces: Our flexible pad sites are designed to accommodate the grand visions of retail pioneers, offering the adaptability to construct a space that’s not just focused on sales, but on forging enduring connections with your audience. Fusing Commerce and Creativity: At Pittsburgh Yards, your retail strategy is bolstered by a community that cherishes innovation and sustainability. Here, marketing evolves into a vibrant conversation between your brand and the lively culture of Atlanta. Sculpting the Future of Retail: Take the lead in the retail revolution with Pittsburgh Yards. Discover how your brand can flourish in this new marketing epoch by visiting the link below. #AccelWorks #EachPadIsAVibe #PittsburghYards #InvestInAtlanta #RetailHub #CommercialRealEstate https://lnkd.in/gcucuHBg

A BATTLE OF THE BRANDS brewing in Detroit? With U of M’s new Innovation Center underway in Detroit, some might wonder if the strength of the University of Michigan’s global brand might dwarf or shade some of Detroit’s other iconic brands. Michigan’s national championship would only add to such concern. Locating in the District Detroit, the home of such brands as Little Caesars, the Red Wings, Tigers, Lions, and Google, and in proximity to GM, the Rocket Companies and the like, other globally significant brands abound. But the bandwidth for brand recognition growth for each of those will only be enhanced by the addition of the University’s brand. The Innovation Center’s focus of granting degrees in emerging technologies and disciplines to help develop, attract and retain talent in all of Michigan, but especially the greater Detroit area, will effectively add the wind of U of M’s global brand to the sails of every other employer and business with offices or facilities in Detroit and Michigan. As exciting as the last few weeks have been around here, we should expect a lot more excitement through a BETTERING OF THE BRANDS long before we would see any battles. #Goblue #GoDetroit. #GoMichigan

On November 2nd at the State of Downtown event at the The City Club of Cleveland, Downtown Cleveland Inc. released their Downtown Cleveland Retail Strategy with the help of Streetsense, a New York City based consulting firm. The 15 point revitalization plan includes retail attraction and retention, public realm improvements, and marketing, promotion and activation that put a special focus on the hubs and connectors of downtown including the Gateway District, Warehouse District, the East 9th St. bridge, Euclid Ave.,and Huron Rd. The plan includes establishing a night market that caters to visitors and residents through an expansion of downtown offerings. According to the plan, “Night markets offer low barriers to entry for small, often undercapitalized businesses while giving them an opportunity to develop a following that might support moving up to a brick-and-mortar space.” Recently, The Land caught up with two small downtown retailers to find out what they thought of the plan, how their businesses are going, and what’s next for them and downtown retail. Read more of this story by community journalist Rachelle Miller:  https://lnkd.in/e3uFJMJQ #theland #thelandcle #thelandcleveland #cleveland #cle #downtowncleveland #downtown #clevelanddowntown #downtownclevelandbusinesses #downtownretail #downtownclevelandretail #downtownclevelandretailers #clevelandbusiness #clevelandbusinesses #smallbusiness #smallbusinesses #clevelandsmallbusinesses #communityjournalism #communityjournalists #pandemicshutdown #downtownclevelandbusiness #clevelandgatewaydistrict #clevelandwarehousedistrict #thelandcommunityjournalism

Oh no! My passionate San Francisco cheerleading is hitting a big bump. Macy's has announced that they will be closing their iconic Union Square store in the next two years. I saw the headline and immediately cringed in anticipation of the onslaught of snide remarks from the San Francisco cynics and naysayers. I will confess that I did have a moment of "what the heck?". Yet if we read the entire article and other similar articles the story is clearly not so much about the woes of downtown San Francisco, thought that is a part of the story. It is primarily another chapter in the story of the evolution of retail in America. I use that term "evolution" literally. It is perfect evidence of our friend Charles Darwin, survivial of the fittest. Macy's has struggled for decades to find their legs as a mass retailer. At one point they were going upscale, then focus on designers, then a push to middle America as the surviving national department store and more recently expansion into off price. The bottom line is that they have never figured out how to truly adapt and move beyond the 20th century (maybe even 19th century) department store legacy. If there have been recent questions, these announcement prove it, Macy's is essentially going out of business. They will continue to cut costs, save investment, tweak and try new ideas, but the future value is primarily in their real estate and to a minor amount tied to their brand. So, yes it is another bruise to downtown San Francisco, but we are in no way on the ropes, or even stunned. Who is going to bet against the ability of the San Francisco market to adapt? Really, the modern day captital of innovation and resilience? Lots of work ahead for sure, but Macy's departure is another opportunity for The City by the Bay to come back even stronger. Chris Wilson Garrick Brown James Cook John T Chang Bryan Ley #sanfrancisco #cre #retailrealestate #trustedadvisor

Excellent panel at today's ULI Retail Renaissance Luncheon at the Junior League of Houston. Thank you to representatives from Sueba, Pearland Town Center, and Weitzman Group who attended with me. My top three takeaways are as follows: It is important that retail developers, managers, and stores work together, and with the community, to create something special. Events. Landscaping. Architecture. Public art. Post-COVID, people want fun, unique, meaningful experiences in beautiful, interesting, welcoming and temperate-conscious places. Also, they conveyed the importance of driving tenant performance rather than thinking only about signing leases and filling spaces. For example, develop highly digital marketing micro-events to support your smaller tenants. More local niche stores need more support. Property owners and managers should collaborate and build strategies to train tenants for success. Lastly, autonomous ride share and AI, AGI specifically, may, if successful, revolutionize retail and the overall economy within the next 5 years. It could turbocharge productivity and usher in the greatest deflationary period in history, which will reduce capital costs significantly. While retail evolved rapidly during covid, technology innovation is going to further excelerate that trend. We want a new experience. It seems like we are going to get it.

RETAIL MARCH MADNESS: A glimpse of how Phoenix's retail market stacks up against the hottest areas in the country compliments of Costar. Markets were divided into four regions patterned after the men’s and women’s NCAA college basketball tournaments: South, West, East, and Midwest. The country's 42 largest retail markets, each with at least 115 million square feet of retail inventory space, were selected for the tournament. Scores were calculated based on the relative ranking of a market against the other 41 largest retail markets in the country. With a final score of 98 points, Tampa defeated Phoenix in the final match. However, Phoenix came in a close second with many similarities including the continued influx of new Arizona residents, a growing job market, industry-leading growth in IT, manufacturing, aerospace, renewable energy, bioscience, hospitality and tourism...all translating to record-low retail availability and strong demand. Supporting small business, focusing on water solutions, advancing their position as a global stakeholder, and keeping an eye on business development are all steps in the right direction for Arizona. What have you seen Phoenix do to position itself in continued growth mode for the future? #arizona #phoenix #retail #costar #commercialrealestate #cre #development #growth ULI Arizona Phoenix Business Journal Women in Commercial Real Estate - #womenincre#womenincre Retail Brew Retail World Magazine GPS Commercial Advisors

What if I was to tell you that a convenience store with a precious logo convinced a frothy marketplace that they deserved a fintech valuation amidst the drunken apex of total addressable market, where 'grow-or-die' and 'category disruption' were substitutes for profit and fundamentals. A mere neighborhood bodega reimagined? No, a logistics hub; a tech-enabled, app-supported EXPERIENCE(!!!) with squeaky clean signage. With Branding that beguiled the adoring masses, many mouth-agape retail fan boys and girls who would invoke their expansion as proof positive that retail is not dead, just evolving. Just their logo on a site plan ensured we need look no further- things are about to get cool. Come ye Boba, Putt-Putt, Jeni's and Cro-Nut, this intersection has arrived! Margins? Who cares if we can bamboozle the urban/urbane masses to buy a soggy breakfast taco and an $18 Yeti cup. Stay a while! Note the lighting fixtures, the hardwood floors, the marble counter that provides the same safe reminder of being like that one co-working space. Enjoy your $87 bottle of Angel's Envy. Rent is but a number! Unit economics are for 7-11 to worry about with their square primary colors and gasoline revenue. That it ended before the suburbs of America diminished it is perhaps for the best. https://lnkd.in/gyvF5rtT

This Macy's has been a retail landmark in San Francisco since the 1940s and now it is closing. It's the latest in an endless line of falling business dominos as Americans become less and less prosperous and struggle to afford clothing, food and housing, let alone regularly shopping at fancier places. Reporting from the place on the map that locals call The City is now an endless and sad story of poverty, shoplifiting, the ethical scandal of Americans losing their homes, and business closures. As a longtime Local SEO and local business advocate, I look at this trend and think about economic policy that fails to see that ALL businesses, large and small, fundamentally want a large, prosperous customer base. Right now, we're going in the opposite direction of that, nationwide, and its effects are being felt not just by everyday people, but within the largest economic lobbies. How bad does it have to get before change happens? Thoughts? https://lnkd.in/g-jRKbSh

Can we save Smith & Caughey's? A call for you to share your ideas! I'm deeply saddened to read the news just now that the iconic Smith & Caughey's is announcing plans to close https://lnkd.in/gS3ZeGqk Having lived in the UK for 10 years, I returned to New Zealand with hopes that Smith & Caughey's might have evolved to be NZ's version of Liberty's smooshed up with Selfridges – beloved institutions with a rich history and loyal following. Unfortunately, it hasn't quite reached those heights, but it could! I don't want to see Smith & Caughey's close. What if we came together as a LinkedIn community to help build a new vision for the board to consider? What changes would you make to keep this incredible brand alive? - Relocate? Move out of the city centre and close the Newmarket store. Focus on one key store in a high foot traffic area? - Streamline range : Reduce the range of products and concentrate on the best-selling lines? - Inject new life: Introduce offerings to revitalise the brand? What would you do to reinvigorate this piece of NZ retail history? Share your thoughts and let's see if we can create a compelling vision to save Smith & Caughey's. #RetailRevival #SmithAndCaugheys #NewZealand #Retail