Friday Feels March 16

The looming Toys “R” Us D-day is upon us. If you read my previous post, my thought process has changed drastically. Big box retail is an interesting market these days and we are seeing a drastic shift in the overall approach to these spaces throughout the country.

Below are a few articles that I found interesting this week both locally and on a national scale:

Why The Toyota Music Factory Can Never Be Replicated

Construction starts on Deep Ellum apartment tower on the edge of downtown Dallas

LA and D-FW are at the top of investors’ property beauty list FILED UNDER

Blue Apron is heading to the grocery store as customer retention remains elusive

Shopping center occupancy, NOI up in 2017

McKinney And Cole Avenues To Become Two-Way Streets Once Again

Mall owner to acquire four Sears stores

One More Corporate Relo For The Burbs

CRE Opinion: The Impact of Blockchain Technology on Real Estate

Aldi And Kohl’s: Strange Bedfellows Or A New Era Of Retail Partnerships?

Ross to open 100 stores in 2018

Tween/teen accessories retailer reportedly close to filing Chapter 11

Kroger’s $400M offer gets rejected, what’s next?

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Marcus & Millichap and Tim Lepore are not affiliated with these organizations.

Photo Credit

Friday Feels March 9

The Amazon effect is back in full swing this week. After Jeff Bezos was announced as the richest man in the world earlier this week, things are again on the upswing for Amazon.

Amazon Checking could be the new craze: “Love online shopping but don’t have a bank account? Amazon hopes it can fix the problem. The e-tailing giant is in talks with banks to create a financial product akin to a checking account to serve its customers, according to the Wall Street Journal. Doing so would give data-hungry Amazon access to new information about people’s shopping habits and enable the company to cut fees it currently pays to banks and payments processors that handle credit and debit cards transactions.”

MARKETS Next Up for Amazon: Checking Accounts

Amazon may be looking at creating its own checking accounts

The Amazon Effect: What Would Happen to Apartment Rents if Your City is Picked for HQ2?

The evidence is piling up that Amazon will choose Washington, DC, for its HQ2

Below are a few articles that I found interesting this week both locally and on a national scale:

Commercial Real Estate Development Is More Important To Texas Than Any Other State

Report: Foot Locker to close more than 100 stores

2017 Deliveries Total A Jaw-Dropping 8M SF

Construction starts on Deep Ellum apartment tower on the edge of downtown Dallas

D-FW topped Texas in home sales in 2017 with almost a third of the state’s buys

Frisco’s Wade Park project dodges Tuesday foreclosure sale

Atlanta developer will build $350 million Carrollton mixed-use transit project

Libitzky Property Cos. And Sunwest Real Estate Group Bought 200K SF Of Office Space In Plano

Malls and the future of American retail

Abercrombie & Fitch to close 60 more stores

Nordstrom rejects initial takeover offer from Nordstrom family for $50 per share

After A Promising Year, Can J.C. Penney Meet Expectations In 2018?

Walmart pushes its meal-kit business with plans to roll out to 2,000 stores this year

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Marcus & Millichap and Tim Lepore are not affiliated with these organizations.

Photo Credit

Friday Feels March 2

While mattress giants such as Mattress Firm close their doors to hundreds of stores, online retailers like Casper are coming in hot. With a cutting edge concept and 15 pop-up locations coming this year, my bet is that Casper will have a location in Knox-Henderson before 2018 comes to a close!

“The direct-to-consumer business, which has been selling its items in Target stores and via its own temporary shops (16 of them), joins a growing list of e-retailers deciding to invest in bricks and mortar to build brand awareness and offer shoppers the opportunity to touch and feel products. Names such as Warby Parker, Allbirds, Away, M.Gemi, Everlane and Birch Box have also established a presence in SoHo within the past year.”

Online mattress start-up Casper just opened its first store. You might want to move in

Casper to open 15 pop-up stores across North America

Mattress-maker Casper plans brick-and-mortar stores

These photos of empty stores show why Mattress Firm could be on the verge of closing hundreds of locations so numerous it spurred a wild conspiracy theory

Below are a few articles that I found interesting this week both locally and on a national scale:

Study: Real estate assets are ‘surprisingly resilient’

Fast-casual sandwich chain growing fast

Best Buy to close all 250 of its smaller, mobile phone stores

JC Penney announces management shakeup and cuts 360 jobs

Starbucks’ Schultz: We’re opening more stores because ‘rents are coming down!’

Amazon’s Ring acquisition to boost its delivery service allowing couriers in your home: Credit Suisse

Redevelopment Continues To Draw Tenants

Two Things Driving Downtown Dallas To The Top And One Thing Pulling It Down

Lowe’s deepens its partnership with Sherwin-Williams in the paint aisle

Allen’s Foundation Is Firmly In Place For Growth

How Albertsons Paves A Path For Amazon To Buy Express Scripts

Walgreens and AmerisourceBergen deal talks have cooled as takeover looks unlikely

Pizza Hut tapped as new NFL sponsor after Papa John’s fallout

Survey reveals No. 1 reason people shop at convenience stores

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Marcus & Millichap and Tim Lepore are not affiliated with these organizations.