Summer 2010 Features
Cashing In on the Feel of Cashmere
Dave Coury, of Cashmere Elegance in Erie, PA, is ramping up sales with a newly unveiled owner-operator program. Continue reading...
Latest News
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Anniston, AL - Despite the challenges of growing competition and an economic recession, the Quintard Mall is not shrinking, but expanding its retail offerings.
The Oxford mall is in the middle of a year-long, $2.35 million revitalization plan designed to bring in more retail businesses and keep shoppers from spending their money elsewhere. Read more...
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Ontario, Canada - There’s a flurry of sales happening at Canada’s outdoor malls, and it has nothing to do with back-to-school savings.
The malls themselves are being snapped up by investors who crave the steady returns generated by shopping centres with large tenants such as Wal-Mart, Canadian Tire and major grocery chains. Read more...
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East Wenatchee, WA — It wasn’t smoking’s devastating health effects or its wallop to the wallet that sent Brian Adkinson searching for the perfect product to puff.
The 35-year-old owner of The UnSmoker, an online business with a kiosk in Wenatchee Valley Mall, hated the pariah-like aspects of being a smoker — being banned from public places and forced to go outside in cold, wind, rain and snow to light up a favorite Camel Light. Read more...
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Indianapolis, IN - Shares of Simon Property Group (SPG) rose 1% on Tuesday after the real estate investment trust completed its latest acquisition.
Simon Property Group, the largest mall owner in the U.S., said late Monday it completed its $2.3 billion acquisition of 21 outlet shopping malls from Prime Outlets Acquisition. Read more...
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Grand Junction, CO - As smoking becomes more and more socially unacceptable in public, and more expensive, many smokers are looking for alternatives to traditional cigarettes.
The new Colorado E-Smokes kiosk at Mesa Mall is providing that alternative in the form of an electronic cigarette. Read more...
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Vancouver, Canada - Avison Young, Canada's largest independently-owned commercial real estate services company, announced today that it has negotiated British Columbia's largest open-air mall retail investment transaction in Western Canada thus far in 2010.
Grosvenor Americas and its institutional investors have sold South Point Exchange shopping centre (3033-3191 152nd Street) in Surrey, BC to a Canadian private investor for $91 million. Read more...
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AnnaMack Hardison opened her handmade gifts kiosk, Mama Always Said, in January 2010. Her tiny kiosk sits in the upscale, Denver-area Park Meadows Mall. Read more...
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Old Orchard Beach, ME - Months of perfect weather in northern New England have helped the region's tourism industry rebound from a dismal 2009, but consumers still wary of the economy have been tight with their money and shopping for bargain-basement prices. Read more...
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Birch Run, Michigan -- With school starting in just about a week, parents across Mid-Michigan are shopping for school items.
New stores like Toys 'R' Us Express and Esprit, known for its youth and fashionable style, had their soft grand opening.
Kids and parents could be found shopping and arguing about what to buy. Read more...
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Santa Monica, CA - The Macerich Company (MAC - Analyst Report), a leading real estate investment trust (REIT), has recently announced the opening of a specialty fashion retail store by Nordstrom Inc. (JWN - Analyst Report) in Santa Monica Place, a shopping mall in Santa Monica, California. Read more...
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Summer 2010 Issue
- Dave Coury, of Cashmere Elegance in Erie, PA, is ramping up sales with a newly unveiled owner-operator program.
- A visit to shopping centers in Argentina gives us lessons we could translate to retail here in the United States.
- Whether you're an established specialty retailer with many cart locations or just looking to start out, it's always a good idea to revisit the basics before signing a new lease agreement.
- New franchise offers snack alternatives for the health and budget conscious foodie.
- See what factors contribute to the success of the first inductees into Specialty Report's Hall of Fame.
- Visual merchandising with props and custom secondary fixtures makes a big difference in the look of your RMU, kiosk or inline store. Creating something specific for the products you are selling ensures that the display will be unique, eye-catching, and will drive sales.
- Bath Bakery products from the Happy Hippo Bath Company look good enough to eat. With reasonable prices and attractive displays, they are poised to whet more customer appetites.
- As a specialty retailer you accept credit and debit cards every day. Here are five important points to remember that will help you get the most out of these transactions.
- PAYware Mobile allows retailers to process credit card transactions from their iPhones.
- What trends do you see in specialty retail today?
- Through hundreds of self-serve kiosks, Detroit-based Sweet City is racking up profits one quarter at a time.
- This year's SPREE was a spectacular success. The annual tradeshow for the specialty retail industry recorded a 30% increase in attendee traffic and nearly sold out of booth space. Attendees created a positive energy on the show floor that clearly signaled good things ahead for specialty retail and the overall economy.
- The recession has forced retailers and mall developers to develop innovative business strategies. Quite a few malls around the country are trying creative leasing ideas—including launching a karate studio and even a library extension at the mall. Even as the mall expands its role to community builder, there are some concepts that have stood the test of time: customers still want a good product at a good price. Equally important, while shopping habits might have changed, consumers are seeking products that fulfill particular niches. Here's a rundown of a few trends in specialty retail.
- A patented plush toy can be deflated for easy storage—and pumped up for easy sales.
- Canadian apparel company attracts techies and the shoppers who love them with "i"-Culture T-shirts.
