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    Children’s hair salons are a growing niche

    Child-centric retail tenants can frequently be hot one moment and then considered “uncool” the next because the younger customer is fickle and fads for this audience are prone to change. One constant, however, is the service-oriented tenant for this age segment. Haircuts, especially, are a service that children, including tweens, will always need to get. A fairly new category in the hair cutting realm is the salon that is specifically geared to children. More

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    Utah’s dirty soda shops cause a stir

    Even though the Utah-based “dirty soda” concept has been around for the last 10 years or so, it was only within the last two years that the rest of the country began to take notice of the unique non-alcoholic drink concoctions. The dirty soda craze really took off in 2022 when TikTok-ers began posting photos of their dirty soda creations, piggybacking off of the popular Gen Z singer Olivia Rodrigo, who started the trend by posting her own dirty soda drink from Utah. More

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    IKEA hopes to revitalize urban spaces

    San Francisco’s downtown region saw the recent exodus of numerous retail entities, including the Westfield- owned San Francisco Centre mall after the departure of Nordstrom, but a glimmer of hope may be on the horizon thanks to Ingka Centres’ development plans in the city’s Mid-Market neighborhood. Ingka Centres, the Netherlands-based mall-management sister company to IKEA, purchased a six-story 256,000-s.f. glass building in the struggling neighborhood back in 2020 in order to create a new entertainment-themed mall, tentatively titled Meeting Place. More

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    Anatomy of a Lease: Sprouts Farmers Market in Rio Rancho, N.M.

    Sprouts Farmers Market will occupy a former Bed Bath & Beyond space within a community shopping center in Rio Rancho, a growing suburb located about 15 miles northwest of Albuquerque, N.M. After doing extensive renovations of the space, Sprouts predicts an opening date of Q2 2024. The shopping center currently houses high-traffic tenants such as T.J. Maxx, Michaels, PetSmart and Ross Dress for Less. More

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    Jewelry tenants have a sparkling future

    One bright spot in a sometimes dismal outlook for shopping centers is the jewelry tenant. Foot traffic is a given because customers need personal assistance from a salesperson. In-store visits are necessary for any personalization additions such as engravings or sizing adjustments, as well as layaway paperwork considerations. Square footage for the jewelry tenant tends to be smaller, and preferred spaces include retail street-front units and lifestyle centers. More

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    Multi-entertainment centers are ready to roll

    Much like a phoenix rises from the ashes, so too has the multi-entertainment center concept recovered from setbacks over the last few years to once again be in growth mode. These one-stop, multi-game entertainment venues offer a wide assortment of activities — arcades, bowling, bocce ball, dining and drinks — that appeal to all age segments, from families to college-aged Gen-Zers to the after-work millennial crowd. In addition, these entertainment centers cater to large group gathering events such as office holiday get-togethers or birthday parties. More

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