You don’t need me to point out that many shopping malls are in crisis.
But did you know that one of the sector’s big underlying problems is this:
Mall owners typically know little about the individuals who shop with them.
Or what will trigger a specific person to visit the mall more often (and spend more when they do).
Many mall owners have few ways to (measurably) boost footfall and sales. Read more...
Mark Toro is admired as one of America’s smartest commercial real estate developers.
So you’ll be surprised to learn he doesn’t think of himself as a developer per se.
That’s despite having developed over 9 million square feet of mixed-use projects since founding North American Properties Atlanta in 1996.
Those millions of square feet have included retail, office, multifamily and hotel space. Read more...
Crispin Kelly is a man on a mission:
To prove that superb architecture is a vital part of commercial real estate development.
Since launching Baylight Properties 30 years ago, he’s focused on multifamily and office developments in central London. Read more...
Are you interested in the SPECIFIC ways a successful New York property developer built his business?
If so, you cannot afford to miss this interview…
Starting from scratch, Scott Metzner has spent the past thirty years building a substantial property development business in Manhattan.
Beginning with a single walk-up, Janus Property now develops and reinvigorates entire city blocks.
And right now, Scott is in the middle of his largest project yet. Read more...
Is the physical store still relevant in an age of online shopping and remote working?
According to today’s guest, the answer is an emphatic yes.
Doug Stephens is a retail futurist who, as CEO of Retail Prophet, advises the leadership of global brands on what’s next for retail.
His client list includes Walmart, IKEA, Disney, LVMH and Microsoft.
He’s also the author of the best selling books ‘The Retail Revival’ and ‘Re-Engineering Retail’.
In a nutshell, Doug’s view is that the future is bleak for physical stores selling mundane items that are easier (and cheaper) to buy online.
But when it comes to high-interest products, he thinks consumers are hungry for physical stores.
Especially ones that brim with imaginative experiences. Read more...