While more and more shoppers are beginning their shopping expeditions online, not all of their buys are happening online. In fact, one new trend is for shoppers to do product research and price comparisons through browser storefronts and apps and then make purchases in-store. One expert offers advice on how merchants can take advantage of
Tag Archives: stores
Holiday Retail Outlook: Traditional Bargain-Hunting, Rising Mobile App Use Expected to Help Boost Sales Both Online and in Stores
Credit: Simon Property Group With an extra shopping weekend on the calendar and consumer confidence standing at a 17-year high, nearly all retail analysts are anticipating very solid 2017 holiday shopping results for both online and brick-and-mortar retailers. Forecasts range from a 3.8% increase in holiday retail sales from 2016 by the International Council of
Closing of Weakest Stores by Retailers Ultimately Expected to Benefit US Shopping Center Performance
Developers of mixed-use projects such as Sunnyvale Town Center in Silicon Valley, which will include 900,000 square feet of new shopping space, are hoping to tap into continued demand for newer high-end retail properties. The U.S. national retail vacancy rate ticked up 10 basis points for the second consecutive quarter to reach 5.2% in the
Sunoco LP (NYSE: SUN) is getting out of the convenience store business. The Dallas-based c-store operator and fuel distributor has agreed to sell a majority of its convenience stores to 7-Eleven Inc. for $ 3.31 billion in cash plus fuel, merchandise and other inventories. 7-Eleven is owned by Tokyo-based Seven & i Holdings Co. Ltd.