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Placer.ai’s Mall Index report: one-stop shopping has stopped
The Placer.ai Mall Index, which analyzes data from 300 malls in both urban and suburban shopping centers in the U.S., including top-tier indoor malls, open-air centers and outlet malls alike, just released its March 2024 Recap report. Luckily, the results indicate a favorable foot traffic trajectory in the mall space overall. In March 2024, traffic […] More
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Under the radar, on the rise: Pop Mart
China-based toy retailer Pop Mart continues to gain buzz in the trendier regional U.S. malls. Over the span of a little more than a year, there are now seven Pop Marts sprinkled throughout the country. Even though Pop Mart has about 450 stores in 30 countries, it first began penetrating U.S. markets in December of […] More
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The Picklr, Boll & Branch and other buzzed-about tenants to watch
The Picklr Preferred Square Footage: 25,000-35,000 s.f. 12-Month Anticipated Openings: 20-25 This pickleball venue concept began franchising last year, and now has enough franchisees signed to open up to 120 new venues, starting in 2025. States to see new venues include Arizona, Nevada, Utah, Colorado, Texas, Minnesota, Illinois, Tennessee, Virginia, the Carolinas, Georgia and Florida. […] More
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Day spas massage a path toward expansion
Traditionally, the day spa was only for the very upper crust clientele. But now, even ultra-luxurious day spas are appealing more and more to the general public. This is because over the last three to four years, natural holistic wellness therapies have been embraced by the masses. The day spa tenant works best in a […] More
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Kansas mall kicks off rad updates
Everything old is new again. This is the attitude embodied by Cody Foster and David Callanan of financial service company Advisors Excel, which acquired the indoor West Ridge Mall in Topeka, Kan., last September. The firm will embrace this theme as they promote the mall’s redevelopment to the local community through a free concert this […] More
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Anatomy of a Lease: Launch Entertainment in New Jersey
Launch Entertainment, a trampoline-based indoor family fun entertainment concept, signed an NNN lease for space in the rear portion of a neighborhood center. The unit formerly housed an H Mart but became available after the grocer relocated to a different spot in the front portion of the retail center. The interior of the unit appealed […] More
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Elevated sandwich shops are ready to rise
Sandwich/bakery tenants remain popular, especially those brands that provide elevated artisan food, as well as a café-like ambience that emphasizes fresh baked bread and unique dessert treat items. Look for these establishments to provide food and drinks beyond the standard sandwich fare in order to appeal to the “off hours” customers who want a treat […] More
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D1 Training, Sugaring NYC and other health, beauty & fitness tenants to watch
D1 Training Preferred Sq. Footage: 2,000-10,000 s.f. 12-Month Anticipated Openings: ~50 Although D1 Training has only been expanding via franchisees for almost eight years, the athletic-training concept opened its 100th unit in January, with 100 more locations currently in development. All markets in the U.S., with the exception of Washington state and Hawaii, are being […] More
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Anatomy of a Lease: Fogo de Chão in Paramus, N.J.
Fogo de Chão signed an NNN lease for its first restaurant in the state of New Jersey, which will be a 7,648-s.f. space in the upscale Westfield Garden State Plaza indoor shopping mall in Paramus. The deal came to fruition before the pandemic hit, and everyone involved worked diligently to push it to completion. The […] More
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A toast to the champagne bar trend
Ironically, even amidst news of inflation causing everyone to tighten their purse strings, there have been increasing numbers of champagne bars sprouting up nationwide. There have always been pockets of the country that have dabbled in champagne bar concepts, especially in Northern California’s wine district regions and the surrounding San Francisco Bay Area neighborhoods, as well as in Chicago and New York City. But this new champagne-themed tenancy trend seems to really be bubbling up lately and should continue throughout 2024. More
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in Premium, Retail NewsOnline gaming retail venues increase presence in 2022
During our country’s lockdowns over the last two years, competitive online gaming proliferated. Because there were closures of both schools and organized sports programs, the youth in America were forced to find alternate modes to channel their need for competitive play and socializing. Thus, the online gaming industry took off. Consequently, for 2022 and beyond, […] More