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Retail Rents Falling From Manhattan To Los Angeles

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retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. These decreases are historic,” the Real Estate Board of New York wrote in a new report showing that average Manhattan retail asking rents fell in all of the island’s 17 retail corridors during autumn.

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Privacy And Personalization Clash For Retailers

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Retailers are facing a personalization paradox. Fifty-three percent of consumers want retailers to respect their anonymity in 2020; at the same time 61 percent want more personalization in marketing, messaging and promotions. That transaction has spawned major regulations in the European Union (GDPR) and California (CCPA).

Retail 202
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California Startup Brings Retailers To The Driveway

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After Ali Ahmed founded Dispatch , a service that allowed consumers to have goods delivered from retail stores through a text message, he noticed that customers would not buy fresh fruits and vegetables. Armed with this knowledge, Ahmed developed a mobile retail store concept that he calls the Robomart. Groceries and Beyond.

Retail 103
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How Video Games Are Helping Retailers Grow And Innovate

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Video games are helping to drive retail innovation and growth, and that includes the hot area of subscription commerce. Gaming is figuring out the upsell,” Burkhart told Webster, “and utterly changing the entire market.”. In-store sales, notably, is where the retailer needs to see growth.

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Women’s Luxury Watch Retailer Embarks On A Digital Adventure

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Mullin was bitten by the aviation bug when she was 14 years old and a freshman in high school in Burbank, California. From a marketing standpoint, it doesn’t make sense,” she said. Before the pandemic, a good deal of the company’s marketing and sales came from trade shows and events. She has already flown 80 types of airplanes.

Retail 267
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Today In Retail: Bed Bath & Beyond Inc. Enters Deal To Sell Cost Plus; Authentic Brands Might Buy Arcadia Group and Debenhams

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In today’s top retail news, Bed Bath & Beyond Inc. has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. Bed Bath & Beyond Strikes Deal To Sell Cost Plus World Market.

Branding 131
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Auto Marketing Will Support The Digital Shift

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In a time period dominated by retail sales declines, the hardest hit has been the automotive industry. While March retail sales dropped 8 percent overall, new cars dropped as much as 36.9 Second, it announced a special pricing program for essential California workers who need to travel during the crisis.

Marketing 195