Sentences with phrase «retail square footage»

Acquiring the necessary approvals to begin turning raw acreage into retail square footage took two years of intense negotiations with local, state and federal governmental bodies, according to Ron Gimple, CBL senior vice president and general counsel.

«For example, «the US has nearly 40 % more retail square footage than its Canadian neighbors to the north,» the FBIC report said.

«Many people get confused, thinking of retail square footage as a commodity like office space or multifamily units,» says Wolstein.

But as much as e-commerce has succeeded in meeting customers» needs, it also exacerbated a lingering problem in the U.S. retail sector — too much retail square footage per capita.

«Retail square footage per capita is at an all - time high in the United States, and building continues,» he explains.

What makes that sobering is if we look at the retail square footage per capita.

Insurers price liability premiums according to a variety of measures; revenue and retail square footage are common ones.

Not exact matches

Many retailers today are looking to activate unprofitable square footage, and partnering with outside brands is one way to attract shoppers and differentiate the store's merchandise mix.

As traffic at Nike's key wholesale partners continues to slow (hundreds of department stores and specialty sports retailers are closing their doors, resulting in less square footage for Nike products), it is working to boost its direct - to - consumer channels.

Retailers need ample square footage to turn existing aisles or backrooms into storage for online orders, and slower turnover in order to convert excess inventory to online orders.

Along with opening new formats, industry experts predict that as retailers» leases expire, many will opt to shrink their overall square footage by closing stores or trimming their size.

The discount retail giant plans to open 730 stores this year, representing a staggering 6 % square footage growth, with another 875 stores to be relocated or remodeled.

This month, amid that backdrop, The Real Deal ranked New York City retail firms by the amount of square footage they leased between October 1, 2016 and September 30, 2017.

The monthly fee, of course, depends on the square footage required, as well as the cost of real estate in whichever market the customer decides to open the retail store.

But same - store sales, a key measure of retail performance that strips out the effects of square footage changes, rose only slightly, by 1.1 per cent excluding gas.

«Retailers are lapping a year of significant square footage growth and several got dented pretty badly.

Retailers, it seems, are fitting a larger number of items in the same square footage; efficiency, as we know, is their mantra.

For pet retailers, shelf space may be the ultimate commodity; square footage is fixed, and smart retailers try to wring the greatest value from every inch of their display areas.

A retailer lacking the square - footage to dedicate a large space to oral - care products should take advantage of point - of - purchase displays, shelf talkers and other literature provided by suppliers.

The disparity between revenue and square footage is largest for dry items for dogs, which get just 36 percent of shelf space but generate 67 percent of sales; trouble is, retailer profit on these items is generally meager, so it may take double the revenue to make them pay dividends.

Square - Enix's upcoming Final Fantasy: Dissidia title has reportedly broken its retail street date in Japan with first gameplay footage included.

Within the industry, retailers are talking about reallocating existing square footage toward so - called in - store «experiences.»

The additional square footage is diluting the sales per square foot and the performance of every retailer,» says Greene.

Property owners had more leverage a few years ago when retailers promised Wall Street that they would expand square footage by 30 % a year, says Kimberly Greenberger, a retail analyst with Lehman Brothers.

Large retail formats are boosting total square footage in new community centers across the country.

Rentz: Retailers will continue to reduce their square footage into smaller, more efficient footprints.

Vista, Calif. - based Pan Pacific Retail Properties has acquired six shopping centers with an aggregate square footage of more than 975,000 sq. ft. for $ 66.3 million...

The success of retail clinics notwithstanding, Scott says they do not represent the best real estate play for landlords and investors who are considering adding or expanding the medical share of square footage in their centers.

Instead, the $ 126 billion telecom titan opted for a third strategy involving at least some of that square footage: spearhead projects featuring retail shops, condos and, most notably, co-working spaces.

RLT uses targeted marketing solutions to put you in contact with retailers that are interested in your property based on factors like square footage, location, building type, etc..

Charter Oak Partners is one company that is hoping to stretch its healthy sales figures to new retail space, even if it means finding creative ways to carve out additional square footage.

Overall, the three retailers occupied 258 stores and accounted for a quarter of the Simon Property's total US square footage in 2Q17.

«With the strategic addition of these seven assets to the Starwood Retail Partners platform, we have significantly increased the number of properties under our brand and expanded the square footage of our portfolio by approximately 38 percent,» Scott Wolstein, CEO of Starwood Retail Partners, said in a release.

To play up the rooftop's expansive square footage and unbeatable views, Atlanta design firms Bjork Studio and Kolo Collection collaborated with outdoor textile giant Sunbrella (which the latter retails) to create a collective dream of a Hollywood - glam outdoor party space.