The candy shop retail industry is currently undergoing a renaissance. Many candy retailers are now beginning to introduce larger, more experiential-type stores in order to boost the fun factor and bring in traffic. Candy retailers tend to perform especially well in tourist-type locations, as consumers are already in a relaxed mood and are more likely More
Placer.ai just released its latest report, in which mall traffic intelligence data was analyzed over the last three years, from 2019 to 2022, at different types of retail centers (grocery anchored centers, open air lifestyle centers, etc.). Although many of the findings were predictable — such as traffic picking up at all types of retail centers from Black Friday until the end of December, or that the pandemic restrictions had a major impact on traffic overall — there were still some surprising results. More
Charging station development concepts are still in their infancy. Today, electric vehicle users can find charging stations sprinkled here and there in shopping center parking lots, especially in high-end suburban and urban retail center destinations in areas where EV car sales are high such as California, Arizona, Texas, Florida, Colorado and Washington, D.C. Within the More
Travel center development is on the rise. These large plot gas station/convenience store spaces are generally found along highway thoroughfares in order to attract both truckers and long car-ride vacation travelers alike and offer conveniences such as showers and laundry facilities. The travel center customer base continues to grow. As inflation continues to affect the More
The headlines continue to report on a bleak economic future in which consumers will be prioritizing cost cutting measures when it comes to their spending. However, not everyone will be affected the same. For example, in the middle- to upper-middle class suburban markets, even though the mom and the tween/teen customers will be forced to More
With impending inflation adversely affecting so many retailers, especially in the luxury apparel and home goods sectors, expect the off-price department stores to benefit with the lure of lower cost items. These types of stores, which carry sought-after brand name merchandise at steeply discounted prices, have a wide-ranging appeal to all customer segments from the More
What is the Generation Z audience all about? Because this age segment includes teens as well as adults up to age 25, many of whom still live at home and therefore have disposable income, it is only natural that retailers, restaurant operators and mall owners alike all hope to tap into that magic “je ne More
The latest shopping mall mixed-use redevelopment trends incorporate adding a new outdoor-oriented main street element with a town square feature, without actually making changes to the existing indoor mall itself. Instead, the redevelopment will occur on the outside periphery areas of the mall, usually by converting a large parking lot. On opposite ends of the More
