Shopping Centers Today December 2015
The global appetite for new retail and entertainment is keeping the pipeline full and developers busy.— SCT December 2015
The Common Area
Yet another e-tailer has acknowledged the importance of physical stores — and not just any e-tailer either. This is Amazon.com, which opened its first bookstore, at Seattle’s University Village shopping center.
News MakersMore >>
Lowe’s seems to be betting that a scaled-down version of the traditionally massive home-improvement format it recently introduced in New York City will meet the special needs of the urban dweller.— SCT December 2015
The Bottom Line
Retail property prices are hitting a plateau, but this portends no imminent industry downturn, according to experts at ICSC’s NOI + Asset Management Conference, in Dallas.— SCT December 2015
Portland’s 55-year-old Lloyd Center is getting its glamor back thanks to a renovation and expansion.
On the Ground
A downtown renaissance creates one of the most-sought-after retail districts in New England, featuring an eclectic mix of quirky boutiques and well-known brands, such as Anthropologie and Urban Outfitters.