Owners of shopping centers and other retail spaces are again increasingly looking to novel uses, including distribution and warehouse uses, sometimes called “fulfillment centers”, to fill growing vacancies. These emerging...more
8/12/2020
/ Brick-and-Mortar Stores ,
Commercial Property Owners ,
Commercial Tenants ,
Coronavirus/COVID-19 ,
Landlords ,
Multi-Family Development ,
Real Estate Development ,
Restaurant Industry ,
Retail Market ,
Retailers ,
Urban Planning & Development ,
Warehouses
Coronavirus Disease 2019 or “COVID-19” continues to dominate national and international discussion. News outlets in Boston, New York, London, Mumbai, Rio de Janeiro, Tokyo, and every other city and town in the world continue...more
3/13/2020
/ Brick-and-Mortar Stores ,
Business Continuity Plans ,
Business Interruption ,
China ,
Coronavirus/COVID-19 ,
Crisis Management ,
E-Commerce ,
Emergency Management Plans ,
Force Majeure Clause ,
Global Market ,
Goods or Services ,
Health and Safety ,
Infectious Diseases ,
Internet Retailers ,
Manufacturers ,
Public Health ,
Retail Market ,
Retailers ,
Risk Management ,
Suppliers ,
Supply Chain
On January 13, 2020, Goulston & Storrs PC hosted a panel discussion featuring leaders in the fashion industry’s movement towards more sustainable practices. The panel was organized by Jen Furey, a member of Goulston & Storrs...more
It may have been unthinkable ten to fifteen years ago, but the shift in consumer shopping patterns from brick-and-mortar stores to online platforms has resulted in the emergence of retail-to-industrial conversions over the...more
10/10/2019
/ Brick-and-Mortar Stores ,
Commercial Leases ,
Commercial Tenants ,
Conversion ,
E-Commerce ,
Industrial Space ,
Internet Retailers ,
Real Estate Development ,
Retail Market ,
Retailers ,
Shopping Centers ,
Urban Planning & Development
Apparel merchandisers are predicting that resale will soon become a force in the industry and retailers are beginning to take notice. Increasingly, young shoppers are turning to online, resale and rental for their clothing...more
In recent years, the extensive disruption to the retail real estate landscape caused by the expansive growth of e-commerce (such as altered consumer shopping habits, increased brick-and-mortar vacancies, and big box retailer...more
The Las Vegas Convention Center hosted ICSC RECon 2019 this week from May 19-22. This year’s conference was held under the motto “Less traditional. More Innovative”, reflective of the dynamic changes taking place in the...more
In the past few years, many industries have poured resources into exploring how they can use blockchain to grow. The retail industry is no exception. ...more
5/9/2019
/ Blockchain ,
Counterfeit Goods Regulation ,
Customer-Loyalty Programs ,
Data Management ,
Distributed Ledger Technology (DLT) ,
Food Supply ,
Grocery Stores ,
Logistics ,
Peer-to-Peer ,
Popular ,
Retail Market ,
Smart Contracts ,
Supply Chain ,
Transparency
It’s no secret that retailers have access to more information about their target consumers than ever before. This information can help retailers not only to target their broad market but also to tailor the communications they...more
What’s old is new again. The intellectual property of legacy brick-and-mortar retailers is increasingly being repurposed for decidedly modern ventures. Although the fate of Toys "R" Us, Inc. has captured the most media...more
The 48th annual US Shopping Center Law Conference was held last week from October 24-27 at the JW Marriott Orlando Grande Lakes in Orlando Florida. The conference saw a near-record number of attendees, where almost 1500...more
As competition between brick and mortar stores and online shopping continues, retailers with physical stores are using cutting edge technologies to offer unique shopping experiences and added service to consumers....more
Recent trends such as pop-ups suggest that consumers and retailers alike are not prepared to give up on brick and mortar stores, but that they are looking for more creative alternatives to the traditional arrangement....more
The growth of e-commerce over the last two decades has forced traditional brick-and-mortar retailers to rethink their operations in order to remain competitive in a rapidly evolving market. ...more
The Las Vegas Convention Center hosted ICSC RECon 2018 last week from May 20-23. Upon their entry into the Convention Center’s Central Hall, this year’s RECon attendees were greeted by the ICSC Innovation Exchange. This...more
It seems that everywhere we turn, there is another story about how the traditional, enclosed shopping mall is facing a slow and painful death. Big box and other brick and mortar stores are closing, and mall landlords are...more
Amazon has entered the grocery store space with a bang. From the recent opening of its AmazonGo store, to its acquisition of Whole Foods last August, Amazon has threatened to disrupt the grocery store industry and has jolted...more
We’ve all read about the question marks floating around the fate of brick and mortar retail in America. Factors like the strength of e-commerce and shifting consumer preferences (such as the popularity of urban centers over...more
Despite all of the noise about the rise of e-commerce and omni-channel distribution and the demise of brick-and-mortar, 85% of retail sales are still made in physical stores, and physical stores will continue to be at the...more
In addition to gigantic warehouses that e-commerce companies are constructing away from population centers where real estate is limited or too pricey, shopping malls and former shopping mall sites are well poised to be the...more
Hybrids of many sorts have been trending in countless industries throughout the years and show no sign of fading away anytime soon. Toyota announced that it sold its 10 millionth hybrid car this year, twenty years after...more
The ICSC New England Conference & Deal Making was held from July 18 through July 20, 2017 at the Hynes Convention Center in Boston. Registered attendance at the Conference was strong again this year, with over 1,200 people...more
E-commerce businesses have changed the relationship between consumers and retailers through the advent of expedited and low-cost home delivery services. Now, many consumers anticipate both free shipping with their purchase,...more
Retailers have always had to balance a number of different competing factors in order to stay competitive, including location, marketing and convenience. As discussed in this space, in today’s market, many retailers are...more
With a growing percentage of retail sales shifting online, brick-and-mortar retailers are adopting novel approaches to enrich the experience of avisit to their stores.
In some cases, stores are using novel technologies...more