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
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
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
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
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
Retailers would be wise to pay close attention to the upcoming tax-plan deliberations of the 115th U.S. Congress. A proposal currently being considered would adjust the U.S. corporate tax by making imports a non-deductible...more
2/2/2017
/ Border Adjustment Taxes ,
Children's Toys ,
Electronics ,
Fashion Industry ,
Importers ,
Imports ,
Manufacturers ,
Retail Market ,
Retailers ,
Tax Deductions ,
Tax Rates ,
Trump Administration
The growth of high-end food halls is taking off around the country as consumers seek fast, fresh, high-quality, chef-driven meals with a local touch, and as landlords seek to cash in on the continued growth of fast-casual...more
Bitcoin and blockchain technology have been gaining publicity in recent years, and although they are primarily known for their use as a digital payment system, there are also promising uses in many areas where trust, cost and...more
12/8/2016
/ Bitcoin ,
Blockchain ,
Digital Currency ,
Distributed Ledger Technology (DLT) ,
Financial Institutions ,
Foreign Investment ,
Popular ,
Real Estate Investments ,
Real Estate Transactions ,
Retail Market ,
Retailers ,
Technology ,
Technology Sector ,
Virtual Currency
The 2016 ICSC Law Conference was held last week at the Diplomat Resort in Hollywood, Florida. Attendance was very strong this year, with over 1425 lawyers, paralegals, lease administrators, brokers and other retail real...more
Selfies are everywhere. From selfie sticks to photo editing applications, people are looking for new and better ways to take photos of themselves. At the same time, retailers are creatively taking advantage of our selfie...more
8/18/2016
/ Amazon Marketplace ,
Brand ,
Corporate Branding ,
Facial Recognition Technology ,
Google ,
Market Research ,
MasterCard ,
Mobile Apps ,
Photographs ,
Retail Market ,
Retailers ,
Selfies ,
Technology