Blog

Category: Retail & Office

JCPenny Sales Traffic is Up

September 19, 2016

JCPenny’s match up with Sephora has improved JCPenny’s earnings. According to JCPenny’s CEO Marvin Ellison, JCPenny opened 27 new locations during the quarter with plans to add 4 more stores in the fall. Sephora shops are being added to a broader range of locations, including more-rural areas. Sephora will be adding the Clinique brand to […]

Parking Downtown San Antonio Could Be Taking a Turn

August 25, 2016

Parking in downtown San Antonio can be a struggle. Two people are trying to change this view. GrayStreet Partners and AREA Real Estate are coming up with various strategies to help with this need. GrayStreet Partners is renovating Travis Park Plaza parking garage by emphasizing different modes of transportation. They are looking at investing in […]

JCPenny’s Customers Spoke and They Listened

August 18, 2016

Going beyond apparel, JCPenny is expanding their home-goods selection. Customers are spending more money on home beautification and JCPenny is looking to improve in this sector. During the third quarter JCPenny will add dishwashers and other major appliances to 1,000 stores. With 1,200 major appliances online, customers will be able to smoothly order online and […]

Protect Your Center From a Storm

August 17, 2016

With all the rain this past week it is good to know that most shopping centers have a severe-weather emergency policy in place. In 1999 The National Weather Service commenced a voluntary Storm Ready program to motivate communities and business to be prepared for tornadoes, hurricanes and similar storms by setting up disaster plans. The […]

Foot Locker Lighting up Time Square

August 8, 2016

Renovation is happening everywhere but I would have never thought of the iconic Times Square. Foot Locker’s redeveloped four-level store of 36,000 square-feet was named “The Most Significant Retail Deal of the Year for 2015”. The Store is scheduled to open this holiday season. This is the first time a major Times Square retailer has […]

Store Technology is Becoming a Difficult Choice

August 3, 2016

Ever feel like big brother is watching over you? According to the “Rich Relevance ‘Creepy or Cool?’ Survey”, Seventy- Five Percent did not like the idea of being greeted by name after a store identified the consumer though facial recognition technology. Most consumers do enjoy using fingerprint technology, scanning products, receiving pop up offers, digital […]

Second Biggest Shopping Season Is Approaching

July 29, 2016

According to an ICSC research report, back to school shoppers are planning to spend $657 per household. 95 percent plan to shop in a physical store with nearly 80 percent expect to spend more money this year vs last year. Back to School shoppers are planning to spend more due to new wardrobe and school […]

A Game Changer for Tenants Paying Rent

So many mistakes can happen when handling money manually. The slightest difference, in the amount, or a number out of place can have huge effect on the overall spreadsheet. At DDR Corp. Tenants can make their payments online and track reports though SnapPay RE. According to Kevin Moss, DDR’s Chief Information Officer, there is a […]

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