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February 18, 2013

  Top Story 
 
All retailers have a Market Knowledge System. WHAT'S YOURS?
Six of the top 45 retailers have implemented ENTERPRISE Market Knowledge Systems resulting in huge ROIs and competitive advantage. Learn how this merging of mobile, online and cloud technology is changing the way retail real estate is done. Join this brief, informative webinar to learn what these companies are doing and how it can benefit you. (More)
  Industry Tracker 
  • Siam Future Development eyes more retail centers in Thailand
    Siam Future Development Plc plans to develop two or three new retail centers in Thailand over the next five years. The company still sees room in the Bangkok market for community retail development. It is seeking both local and international partners for the projects and is currently in talks with Japan's Aeon Group. Bangkok Post (2/18) Email this Story
  • U.K. developers bet £350 million on bricks and mortar
    The £350 million Trinity Leeds shopping centre will be the only major U.K. retail mall to open this year. The 1-million-square-foot, glass-domed covered mall is already 90% leased to retailers including Primark, Next, M&S and Topshop, and will feature free Wi-Fi, pick-up spots for online orders and plenty of digital screens. "Retail is not just about shopping. It's about taking the best from online, the high street and events venues and bringing it into one place," said marketing manager Paul Smith. The Guardian (London) (2/16) Email this Story
  Retail News 
  • Retail forecaster feels outlet malls' heat
    Outlet malls were hot in the 1980s, a trend that led to overbuilding and a distinct cooling in the '90s, says retail forecaster Chris Boring. The surviving outlet malls grew stronger and recent economic downturns led to rapidly growing popularity, making outlets hot once more, says Boring, who has dubbed "Outlet Mall Mania" the top hot trend of the year. The Columbus Dispatch (Ohio) (2/17) Email this Story
  • Target to tailor Canada stores to local tastes
    Target already has plenty of fans in Canada who travel to the U.S. to shop at the chain's stores, but it also has plans to cater specifically to Canadians when it opens its first stores north of the border next month. "If we came up to Canada and didn't offer ketchup-flavored potato chips, then we would have looked like we didn't know what we are doing," said Target Canada President Tony Fisher. Star Tribune (Minneapolis-St. Paul, Minn.) (2/15) Email this Story
  Hot Topics 

Top five news stories selected by ICSC SmartBrief readers in the past week.

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The Buzz(CORPORATE ANNOUNCEMENTS)

If Kids Can Play, Will Mom Shop? Wall Street Journal Reports on PLAYTIME "Shopping-mall designers see indoor shopping mall playscapes as a way to lure in more shoppers and get them to stay longer," reports the Wall Street Journal. Learn more about PLAYTIME! Download a brochure, or contact David O'Niones (DavidO@Playtime.com, 303-662-0302). More

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  Business Best Practices 
  News from ICSC 
  • 2013 Foundation scholarship opportunities
    The ICSC Foundation is accepting applications for graduate and undergraduate scholarships for real estate and related studies. Selected recipients receive tuition assistance and attendance at RECon, The Global Retail Real Estate Convention, in Las Vegas this May. Email this Story
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Paradise is here or nowhere: you must take your joy with you or you will never find it."
--Orison Swett Marden,
American author


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