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February 20, 2013

  Top Story 
 
  • U.K. retail experiments with outdoor, entertainment offerings
    A retail center set to open in England's countryside, called IntoOutdoors, marries the retail experience with the great outdoors. The complex has traditional retail co-existing by two fishing lakes, a cycle track and a skateboard park. This trend is seen in other retail developments in the U.K., with the addition of country walks and multiscreen cinemas. The Wall Street Journal (2/20) Email this Story
Auction.com to auction $30 MM in Retail Properties
Auction.com, the Nation's Leading Online Real Estate Marketplace, are pleased to auction 47 retail properties nationwide. Auction.com, LLC. 1 Mauchly, Irvine, CA 92618, (800) 499-6199. Visit our site for licensing information and to see more info about our auctions.
  Industry Tracker 
  • Report: Europe's retail rents set to fall
    Retail landlords in Europe will likely need to cut rents in the next few years as tenants continue to cope with weaker spending and sales lost to online rivals, with Spain's property owners facing the biggest risk, according to AXA Real Estate. "For some retail units where profits are, in an economic sense, exceptional, rents will be maintained, but for others, affordable rents could drop close to zero," the report says. Reuters (2/18) Email this Story
  Retail News 
  • OfficeMax and Office Depot to join forces
    OfficeMax and Office Depot will merge in a stock-for-stock deal that would better position both brands to compete with rivals including Staples and Amazon. Office Depot operates 1,675 stores around the globe, and OfficeMax has 900 stores in the U.S. and Mexico; combined, the retailers employ about 68,000 workers. The deal reportedly may result in some store closures. Reuters (2/20), SCT Newswire (2/20) Email this Story
  • Household demographics shift demands product, marketing rethink
    The shifting demographics of households within the U.S. have many businesses rethinking how they develop, package and market their products. As single-parent, multi-generational, non-family, and one-person households are chipping away at the norm that was mom, dad, 2.5 children and a dog. This article details what ZIP codes around the U.S. are seeing the greatest shift and what the "new normal" might look like in the years to come. SmartBrief/SmartBlog on Leadership (2/18) Email this Story
  • Secondhand luxury stores on the rise in China
    Chinese luxury fans are fueling the rise of secondhand shops for high-end designer goods like bags from Bottega Veneta, Prada and Hermes. "We all grew up wearing our big sister's or brother's worn clothes, so if you think that way, the whole concept of buying secondhand goods is kind of green," said English translator and secondhand shopper Cecilia Zhang. China Daily (Beijing) (2/16) Email this Story
  Business Best Practices 
  • Learning to say "no"
    Saying "no" to colleagues is a professional skill that requires practice, and the right mindset, Peter Bregman writes. You'll feel less guilty if you remind yourself that you're not rejecting the person, just his or her request. Be polite and appreciative, but push back against people who are persistent, Bregman writes. Harvard Business Review online/HBR Blog Network (2/15) Email this Story
  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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  SmartQuote 
We deceive ourselves when we fancy that only weakness needs support. Strength needs it far more."
--Anne Sophie Swetchine,
Russian mystic


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