Whatever length of time has passed, it's undeniable that Milwaukee’s stores have left their mark on the city’s residents far beyond their lifetime. It’s made us at the Journal Sentinel wonder about the city’s most missed stores. In fact, in 2023 we took a look at some of the most high-profile bars and restaurants we miss. Now we want readers to tell us about the stores they wish were still open. Please fill out the survey in the article below. The most popular responses will be compiled into a future story examining the impact that many closed stores still have on the city. #milwaukee #closedstores #survey #milwaukeenews
Milwaukee Journal Sentinel’s Post
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Red Oak includes 20-40 acre entertainment districts as part of its master communities… We have been pushing city councils and others to understand that we are in the midst of a major paradigm shift in the retail segment as it relates to retail SQFT and concepts. People want an experience, the artesianal offering, interconnectedness to community, and something far different than the big box corporate chain offering. Micro retail, local vendors, hawker food centers, food truck courts, outdoor eating, is the future. Two successful examples of this shift: Oxbow Public Market in Napa, Ca Harvest Hall in Grapevine, Tx The time is now for city officials and planners to take note
The American Store Is Shrinking
wsj.com
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The interface between the DIY entrepreneurial drive of migrants -- who have little options other than the informal economy (Le Systeme D) to carve out a dignity and economic self-sufficiency -- and municipal government is rarely a thing of harmony. This development is just dreadful, preventable, and worthy of political pressure among advocates for #publicspaces #socialenterprise #publicmarkets and #dignity ... The League of Kitchens Slow Food USA
Corona Plaza in Queens deserves better. Last fall, we surveyed vendors, plaza users, and storefront businesses, obtaining a wealth of information about the marketplace's contributions to the community's economic and social life and gathering ideas for improving the plaza's design. City policymakers should use this report (found here: https://lnkd.in/gdt_Jfsf) to understand the tragic impact of its closure and adopt a new policy to legalize community vending marketplaces. #placemaking #marketcities #publicmarkets
City Clears Out Corona Plaza's Popular Street Vendor Market - Hell Gate
hellgatenyc.com
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When you think about larger grocery-anchored or large power centers you usually have co-tenancies (Whole Foods, Trader Joe’s as examples) that attract other National tenants. It creates a waterfall effect of tenants that like to locate next to one another. When you have an unanchored retail center; you are typically reliant on traffic and visibility. It is certainly easier to attract mom/pop tenants as the center will not fit into the national tenancy criteria. I think what is generally harder to assess/calculate from afar are what I consider mini-anchors (i.e. the popular local neighborhood restaurant). They also drive traffic, eyeballs, bring the local community together and can be great to locate next to. Should we create a new classification for these mini-anchors in our (void) analysis ?
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Foxtrot and DOMs is a great example of how an MBA from Kellogg or Booth does not guarantee success in running a company. It takes more than just a degree to lead a business to success. Passion, drive, grit, empathy, resilience, and resourcefulness are essential qualities that can't be taught in a classroom and not always depicted on a resume. #MBA #Kellogg #Booth #entrepreneurship #leadership
Dear Dom’s Kitchen & Market and Foxtrot Customers, It is with a heavy heart that we must inform you of a difficult decision we have had to make. After much consideration and evaluation, we regret to announce that Foxtrot and Dom's Kitchen & Market will be closing their doors starting on April 23, 2024. The closure affects 2 Dom’s stores and 33 Foxtrots across Chicago, Austin, Dallas, DC areas. We explored many avenues to continue the business but found no viable option despite good faith and exhaustive efforts. This decision has not been made lightly, and we understand the impact it will have on you, our loyal customers, as well as our dedicated team members. We want to express our sincerest gratitude for your support and patronage throughout the years. It has been our highest honor to elevate the everyday and create a remarkable shopping experience for people who love food as much as we do. It has been a privilege serving you and being a part of your everyday lives. We understand that this news may come as a shock, and we apologize for any inconvenience it may cause. We genuinely appreciate your understanding during this challenging time. We would like to take this opportunity to thank each and every one of you for your loyalty and trust in Dom's and Foxtrot. It has been an honor to serve you, and we will cherish the memories we have created together. We would also like to thank our team members who have committed themselves over the years to providing a unique selection of quality foods and creating an outstanding in-store customer experience. Lastly, we would like to thank our many partners, without whom we would not have been able to build such a strong brand. You can access FAQ’s on our website. Once again, thank you for your support, and we wish you all the best in the future.
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We had a LOT of data in this month's Downtown Raleigh Alliance showing signs of progress in our economy downtown. In 2023, we saw a - net gain of 31 new storefront businesses - 3,221 residential units under construction and/or delivered in 2023 - 4.6% increase in food & beverage sales - 1.7 million unique visitors in Q4 2023 Our report also includes an analysis of cell phone data showing Downtown is at 77.9% of its pre-pandemic weekday population, which is at or above many peer downtowns in NC and nationally. But this also means there is still a LOT of work to be done to close that gap fully, particularly in our Downtown core. Next month, recommendations to improve the Fayetteville St area come to City Council to help address that. https://lnkd.in/eDaJvMvi
New data affirms downtown Raleigh’s post-COVID rebound
https://wraltechwire.com
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🍑Edie Weintraub -Retail Restaurant Real Estate is quoted by Bisnow in this article on Retailers Struggling to Find Space in Historically Tight Atlanta Market. Read the full article to find out why shrinking store footprints are helping retailers achieve cash flow sooner with new locations. 🛍 🛍 👇 https://lnkd.in/eiCPfTEZ #RetailBusiness #RetailTrends #BusinessTrends
Retailers Struggling To Find Space In Historically Tight Atlanta Market
bisnow.com
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Went to three shopping centers today. Two shadow anchored by King Soopers (Kroger) and one with Safeway as a shadow anchor. There was no comparison interms of customer traffic and tenant quality.... Both King Soopers centers were full and had tenants like Orange Theory and Wingstop. One was a littler rougher but was still 95% occupied. The Safeway Center..... has two on site security guards. Homeless people wandering the center and was about 75% occupied. Rents were about half at the Safeway center as well. This scenario is pretty typical in the Colorado Market between these two. It's truly remarkable how one grocer can dominate in our market.
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It's challenging to be a retail tenant these days... Vacancy is at 7.9% across #northwestarkansas and it's much lower than that in the "prime retail" pockets - West Bentonville, West Rogers/Pinnacle, and North Fayetteville. If a business needs a drive-thru, there's going to be multiple offers to lease the same space and the owner will be juggling lots of different variables in evaluating which is the right deal. We recently helped a national restaurant tenant secure a drive-thru space when they were up against 5 other offers in Bentonville. If you or someone you know would like more information on the #NWAretailmarket, we would love to be a resource. #retailrealestate #tenantrepresentation
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KCnomics, LLC - New home to the original Red-Shoe Ecomomist specializing in CRE, Logistics & Ports, Affordable Housing and Property Tax Appeals
Retail - Top ranked grocery stores - BBQ-SAUCE on this one that ranks 7-11 #1. C-Stores and Grocery stores are not the same concept or format. King Soopers in Colorado - specifically Auroa - was ranked worst in the US. Having grown up in Colorado and traveling their annually on vacation and buying groceries for our mountain trips, I can affirm that there are many bad grocery stores in Colorado far worse than any King Soopers in Aurora. Where? How about in places like Alamosa, Fort Garland, Evergreen, Glenwood Springs, Pueblo, Wallenberg, etc. #cre #ccim #naiop #sior #retailrealestate #grocerystores #commercialrealestate #uli https://lnkd.in/gZ_wDzfc
Colorado Grocery Store Chain Named the Worst in the US
999thepoint.com
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