Shopping center

  1. The Exciting Future On The Horizon For Shopping Centers

    The Exciting Future On The Horizon For Shopping Centers

    Shopping Centers are undergoing a transformation just like everything else in this digital age.

    Many people keep predicting the death of the mall and shopping centers.

    But don't think for a second that shopping centers and physical stores are going to give up and go away.

    Shopping centers are about to take a digital leap and undergo a major transformation that will breathe new life into old-fashioned stores.

    And they will be incorporating all the newest technology, such as Artificial Intelligence and Augmented Reality, to make this happen.

    Instead of focusing on a shopping destination, retailers will now refocus on a shopping experience.

    A shopping experience that is better at meeting the precise needs of shoppers, and also gets them excited about visiting a store.

    After all. As we have seen over the years, people like to get out of the house and go shopping, either downtown or at a mall.

    But relying on the old bricks and mortar model

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  2. Shopping Center Demand in 2015 to Grow as Space is at Tightest Levels in Past Eight Years

    Shopping Center Demand in 2015 to Grow as Space is at Tightest Levels in Past Eight Years

    Demand for shopping center space is on the rise and that's great news for the US economy

    Like everything, shopping center demand is cyclical. Up times. Down times. If you look at the latest data that's coming out, it's starting to look like a positive upswing is about to hit the industry real hard.

    That's great news for the economy. That means more investment, more construction and retail jobs, more ancillary effects such as an increase in outdoor commercial furniture, trucking and local taxes.

    Retail research company CoStar recently issued a report indicating that shopping center vacancies continue to drop and space is at its tightest level in the past eight years.

    So there's the demand. Where's the response to that demand? CoStar says only 60 million square feet of

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  3. Malls find success in adding popular eateries to their menu

    Malls find success in adding popular eateries to their menu

    Malls are now adding popular restaurant

    There are basically three truisms that now affect the construction of malls. People still love to get out of the house. People still love to shop. And people love to eat.

    Malls owners are changing their mindset for how they choose tenants and many are now adding high-end or popular restaurants as a way to attract more shoppers.

    That's great for towns plagued with vacant space. That's great for malls looking to pull shoppers back from their computers. That's great for the economy as more restaurant workers, retail employees and construction workers get to work, more constructional materials and commercial site furnishings have to be manufactured and more stores get to stay in business.

    At one time, malls seemed protective of their food courts and mainly focused on finding big anchor stores such as Sears, Macy's or Dillard's.

    Those stores still have pulling power.

    But with the popularity of the Food Channel

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  4. Investing in Commercial Property Surges Which Means More Buildings, Jobs and Demand for Products from Floors to Commercial Grade Outdoor Furniture

    Investing in Commercial Property Surges Which Means More Buildings, Jobs and Demand for Products from Floors to Commercial Grade Outdoor Furniture

    Demand for commercial property is on the rise. This in turn increases the demand for related products such as appliances and commercial grade outdoor furniture

    There's promising news in the real estate markets about the rising values of commercial property. And that promising development is positive for the US economy as well. It will mean an increase in construction, decrease in employment and the demand for more products, including commercial grade outdoor furniture.

    The

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  5. Commercial Outdoor Furniture Can Add New Life to an Old Mall

    Commercial Outdoor Furniture Can Add New Life to an Old Mall

    Malls start to see rise in occupancy rate

    Malls are making a comeback and for mall managers, spring is the time to add more commercial outdoor furniture such as planters, benches, bike racks and outdoor ashtrays to keep that momentum alive.

    In spite of a misled consensus that malls were doomed, the latest stats from the International Council of Shopping Centers shows that mall occupancy rates are now at the highest they have been in 27 years.

    That's three, long, wrenching decades of recovery. Nearly 30 years of battling everything from recessions to smartphones shoppers.

    "The 2014 data paints a very strong picture of the shopping center industry for the year ahead, and is especially promising in the mall segments," said ICSC spokesperson Jesse Tron. "Record growth in key indicators

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