It is 2017 and not even the retail industry is safe from fake news. We have all seen the headlines declaring a “Retail Apocalypse” and that “Retail is Dead.”
brick and mortar
Just because the doors close doesn’t mean the party is over. Retailers are using their brick and mortar stores to host after-hours events.
Amazon continues to make huge moves in every direction. Almost immediately following their recent acquisition of Whole Foods, Amazon began advertising for yet another service: Prime Wardrobe.
The most common reason tenants lease space instead of buying a location is because of availability – or a lack thereof. 95 percent of all commercial space is for lease and not for sale.
It’s about trust. Customers are loyal to brick-and-mortar locations because they trust you’ll provide the best prices, top-tier service and always take care of their personal information.
Brick and mortar retail isn’t going anywhere anytime soon. However, the industry as a whole is going through a tremendous period of change.
Since 2009, gift cards have remained one of the most-requested holiday gifts. Now that the holiday season is over, those gift cards will be making their way back into your store to be redeemed.
Milk, eggs, cleaning supplies… your list is complete and you’re eagerly waiting to check out and get home.
New technologies continue to disrupt the marketplace, making predictions about the future of omnichannel retailing precarious.
Do you have enough parking spaces for your customers, you and your staff? It’s a common problem The Lease Coach sees with both new and established businesses.