Previous Retail News

PopStroke signed a 15-year NNN ground lease in early May for an outparcel pad that is a part of the Pavilions at Talking Stick, a shopping center in the heart of the Talking Stick Entertainment District in Scottsdale. The mini-golf putting venue, which will consist of two 18-hole courses, as well as a restaurant and More

Electric Gamebox Preferred Sq. Footage: 4,000 s.f. 12-Month Anticipated Openings: 100 (over two years) The London-based chain that creates interactive gaming centers for malls plans rapid expansion in the U.S. and U.K. with 100 new units in the works and over 1,000 locations planned by 2026. The chain just secured $11M in Series A2 funding More

We asked: What do you foresee happening with retail tenancy trends and consumer shopping habits in the second half of this year, and why? Michael Hirschfeld – Vice Chairman, National Retail Tenant Services, JLL There is clearly pent-up demand for being out and about, socializing, traveling and seeing friends, and this will positively impact shopping. More

Retail lending is returning to normal levels, especially as businesses are opening back up and consumers have money to spend. Some lenders and investors, however, caution that this boost in spending is only temporary. Select lenders will be slow to return if they were burned throughout COVID-19 but others, especially banks, are quickly re-entering the More

There are new brands of veterinary clinics popping up in more upscale urban retail spaces, attracting a large number of millennials who are open to pet ownership. During the COVID-19 lockdown, as childless millennials were craving companionship, there was an uptick of pet adoptions, at a rate of 15% more in 2020 than in 2019. More

Uncle Sharkii Poke Bar Preferred Sq. Footage: 400-600 s.f. 12-Month Anticipated Openings: 1-5 The quick-service poke chain will add five new units in Utah thanks to a multiunit franchise deal in the state. The first location opened in the City Creek Center mixed-use development in Salt Lake City last month. Units are also in the More

CycleBar, the premium indoor cycling fitness franchise, signed a lease for a unit in Bell Tower, an upscale open-air lifestyle shopping center. The fitness studio expects to be open by late summer. CycleBar is completely redesigning the space to meet its unique requirements, as its studio will provide music and entertainment from a state-of-the-art sound More

As more and more customers become comfortable with home delivery options, the technology for these methods has upped its game yet again, with drone delivery currently trending. Expect to see more drone deliveries from stores, restaurants and grocers in densely populated suburban neighborhoods, especially as a way to counteract the competition from Amazon’s Prime Air More