Highend Retailers – Designs By Janie http://designsbyjanie.com/ Sat, 15 Jan 2022 06:31:28 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://designsbyjanie.com/wp-content/uploads/2021/06/icon-2-150x150.png Highend Retailers – Designs By Janie http://designsbyjanie.com/ 32 32 Silver Creek CA Luxury Designer Handbag Pawnbroker Fast Secure Payments Launch https://designsbyjanie.com/silver-creek-ca-luxury-designer-handbag-pawnbroker-fast-secure-payments-launch/ Sat, 15 Jan 2022 05:29:02 +0000 https://designsbyjanie.com/silver-creek-ca-luxury-designer-handbag-pawnbroker-fast-secure-payments-launch/ Silver Creek, California pawnshop R&J Jewelry and Loan (408-770-9774) has launched secure pawnshop services with designer handbags from Gucci, Louis Vuitton and Chanel as collateral. The pawnshop also serves Willow Glen, Campbell, and other parts of San Jose. San Jose, United States – January 14, 2022 — While jewelry is more often associated with pawning, […]]]>

Silver Creek, California pawnshop R&J Jewelry and Loan (408-770-9774) has launched secure pawnshop services with designer handbags from Gucci, Louis Vuitton and Chanel as collateral. The pawnshop also serves Willow Glen, Campbell, and other parts of San Jose.

While jewelry is more often associated with pawning, luxury handbags are becoming an increasingly popular item in pawnshops. Because designer handbags increase in value over time, R&J Jewelry and Loan has launched pawnbroking services for these investment items which can be sold, pledged for cash, or used for a collateral loan.

More information is available at https://www.randjjewelry.com

When the recent financial downturn caused by the pandemic hit the US economy, R&J Jewelry and Loan launched its new service to help Silver Creek residents access emergency funds. Newly added luxury handbag pawnshops join the company’s other service offerings, making the boutique the premier luxury pawnshop retailer in the region.

A new report from a pawnbroking industry authority has stated that the luxury handbag market is expected to be valued at $94 billion by 2028. This projected growth has in turn translated into an increase in pawnshop sales across the country. By introducing handbag expertise into their service lines, pawnbrokers can ensure their continued existence in the luxury market.

R&J Jewelry and Loan’s staff includes a team of handbag appraisal experts ready to help customers trade in their old bags for cash.

Customers can now bring a variety of bags into the store for review, including brands such as Luis Vuitton, Chanel and Gucci. Serving the community for over 40 years, the boutique’s reputation for prompt and friendly service is matched only by the family atmosphere. Care is always taken to ensure that quotes are given in a manner that respects customer privacy.

The pawnshop’s policy of offering customers the highest possible price for their high-end bags has made the establishment a trusted luxury pawnshop in the San Jose metro area. All handbags are appraised against their current market value and are checked for quality and authenticity. Customers who are not ready to part with their bags permanently are eligible to repossess their handbags after repaying their pledge loan during the borrowing period.

R&J Jewelry and Loan remains committed to providing our customers with safe and reliable methods of obtaining high value payments for their luxury items.

A company spokesperson said: ‘When money is tight, it can be hard to know where to turn for help, but the answer could be in your closet. Our store has a heritage of offering the highest cash payouts in the region and is dedicated to making the pawning process easier.

Interested parties can find more information about R&J Jewelry and Loan’s handbag shopping services by visiting https://www.randjjewelry.com

Contact information:
Name: Angel Manzano
Email: Send Email
Organization: Jewelry and R&J loan
Address: 1775 Story Rd #115, San Jose, CA 95122, USA
Phone: +1-408-770-9774
Website: https://www.randjjewelry.com/

Build ID: 89060046

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COMTEX_400554008/2773/2022-01-14T23:01:18

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Here’s a good tip: a mall operator https://designsbyjanie.com/heres-a-good-tip-a-mall-operator/ Thu, 13 Jan 2022 10:30:00 +0000 https://designsbyjanie.com/heres-a-good-tip-a-mall-operator/ If one misconception has survived in recent years, it’s this: shopping malls are on the way out. The huge indoor spaces that dominated much of 20th century retail grew mainly out of a tax code gimmick and the fact that they could offer indoor air conditioning at a time when few people had it. at […]]]>

If one misconception has survived in recent years, it’s this: shopping malls are on the way out.

The huge indoor spaces that dominated much of 20th century retail grew mainly out of a tax code gimmick and the fact that they could offer indoor air conditioning at a time when few people had it. at their home. Once that allure wore off, the malls carried on largely through their own momentum and the inexplicable success of Hot Topic.

But in recent decades, malls have suffered from the rise of e-commerce and the general shift of consumers from the suburbs to the mixed-use streets of cities. At least, that’s what we were told.

So buckle up, because here comes Paul Price with a strong “buy” on the malls, or at least a trader in the space.

“When upscale mall operator Macerich (Mac) – Get Macerich company report reported last month, the news was all good,” Price recently wrote on Real Money. “Funds from operations (FFO), the preferred metric for valuing real estate investment trusts, exceeded estimates. So did revenue, which was up 14.2% over 2020 revenue.”

He noted that few industries were as badly hit by covid as shopping malls after the government imposed strict closures and protocols which combined to reduce customer visits.

Yet somehow, “after sitting at home during this time, people were more than ready to return to malls. My own trips to local malls have seen very few available parking spaces and similar or larger crowd sizes than before March 2020.”

Macerich shares were hit hard, Price noted. “It was forced to issue shares at less than favorable prices last year to ensure the stability of its balance sheet when cash flow dried up. Business has improved significantly since then and the shares have gone from an absurdly low panic floor of $4.80 to around $17 on Dec 13, 2021.”

What is MAC really worth?

Price pointed out that in the pre-Covid years from 2013 to 2019, MAC’s average P/FFO was around 16.9 times. Its typical return was around 4.55% in those years.

In addition, “the average payout ratio of MAC (dividends as a percentage of FFO) was around 70%. Management cautiously cut the dividend during the closing period to 15 cents per quarter from 50 cents. That rate is now likely to start climbing again, as the 2021 payout rate is now just 30.6% of 2021 FFO.”

Those are good numbers, and Price thinks they’re likely to improve.

Get more trading strategies and investing insights from Real Money contributors.

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Chairish introduces European inventory to the US market https://designsbyjanie.com/chairish-introduces-european-inventory-to-the-us-market/ Tue, 11 Jan 2022 14:04:10 +0000 https://designsbyjanie.com/chairish-introduces-european-inventory-to-the-us-market/ SAN FRANCISCO – The premium and vintage home furniture online marketplace Chairish is adding some 200,000 European items to complete its 650,000 household pieces. This international expansion follows two years of growth for the San Francisco-based company and builds on its acquisition in 2021 of Pamono, Europe’s leading luxury vintage market. “Chairish connects high-end sellers […]]]>

SAN FRANCISCO – The premium and vintage home furniture online marketplace Chairish is adding some 200,000 European items to complete its 650,000 household pieces.

This international expansion follows two years of growth for the San Francisco-based company and builds on its acquisition in 2021 of Pamono, Europe’s leading luxury vintage market.

“Chairish connects high-end sellers and affluent design enthusiasts with the most comprehensive and chic selection of home furnishings available in the world,” said Gregg Brockway, Co-Founder and CEO of Chairish. “Enabling Chairish to showcase Europe’s best sellers is an important step in our quest to be the global design community’s source for the world’s best design objects. “

Chairish saw 39% year-over-year revenue growth in 2020, and with the addition of Pamono, 54% year-over-year revenue growth in 2021. Officials believe that momentum will continue in 2022, the category of resale furniture is expected to increase by 54%. over the next five years, 3.5 times faster than traditional retail.

In 2021, Chairish began offsetting 100% of its estimated carbon emissions from global shipping and released its first-ever Home Furniture Resale report on the state of re-commerce in the home furnishings industry. . The report, released in September 2021, details the growing popularity of re-commerce, which buyers increasingly appreciate for its more sustainable approach to interior design, and describes the online growth of the furniture industry in his outfit.

“Chairish is well positioned at the intersection of e-commerce and re-commerce, two seismic upheavals that are shaking the home furnishings industry,” said Brockway. “We have benefited from the boom in online shopping and the growing demand for vintage items, due to the slow supply chain for new products and the growing consumer interest in sustainability.”

Other 2021 highlights include Chairish’s first-ever TV ad campaign, the launch of Chairish Magazine, the first annual sitewide sale “Chairish The Days”, the introduction of the “Buy Now Pay Later” program from Chairish with Afterpay and the launch of Chairish’s Android Application.

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Powerful luxury brands take control of the luxury market in 2021, leaving little room for anyone https://designsbyjanie.com/powerful-luxury-brands-take-control-of-the-luxury-market-in-2021-leaving-little-room-for-anyone/ Sun, 09 Jan 2022 17:06:18 +0000 https://designsbyjanie.com/powerful-luxury-brands-take-control-of-the-luxury-market-in-2021-leaving-little-room-for-anyone/ LONDON, ENGLAND – DECEMBER 27: A woman holds a Louis Vuitton shopping bag on Clifford Street on … [+] December 27, 2021 in London, England. Retailers have seen a decrease in footfall amid a recent spike in COVID-19 cases across the UK due to the Omicron variant. (Photo by Hollie Adams / Getty Images) Getty […]]]>

Bain and Company and the Italian trade association Fondazione Altagamma release their 2021 study on the global luxury market.

Based on a preliminary assessment covering both sales in the luxury goods market and experiences in nine main categories, it indicates that total revenues will increase by 13% to 15% in the pandemic year 2020. to end at 1.14 trillion euros ($ 1.3 trillion).

However, the report also states that the total market will remain 9% to 11% below 2019 levels, largely due to a lack of experiences.

Luxury hospitality, fine dining and fine dining, fine arts, private jets and yachts will remain below 2019 levels, although up from 2020. Only luxury cruises are down by compared to 2019 and 2020.

On the other hand, luxury cars – the largest category with 551 billion euros ($ 626 billion) – will end the year at or slightly above 2019 levels. Only fine wines and spirits (77 or 88 billion euros) and high-end furniture and household items (45 or 51 billion euros) will exceed 2019 levels, up respectively by 12 to 14% and by 13. at 15%.

Personal luxury will creak by 2019

The report has the most ink for the personal luxury market, the second with 283 billion euros ($ 322 billion) in sales, up 29% from 2020 to end the year + 1% before 2019 .

Overall, the Americas (31% SOM) and China (21% share) will overtake 2019, up 12% and 3% respectively, but Europe (-10% with 25% share) and Japan (-9% with 7% share) stay underwater.

Described as the “core of the core” in the luxury market, personal luxury has “come back with a vengeance” after experiencing a V-shaped recovery.

Within the personal luxury segment, only shoes (23 or 26 billion euros), jewelry (22 or 25 billion euros) and leather accessories (62 or 70 billion euros) will exceed the 2019 results , up 5%, 3% and 4% respectively. .

Beauty (60 or 68 billion euros) and watches (40 or 45 billion euros) will remain stable and clothing (57 or 65 billion euros) will remain down -5% compared to 2019.

Despite the uneven recovery in personal luxury goods, it is expected to show a CAGR of between 6% and 8% and reach sales of 360-380 billion euros (409-432 billion dollars) by 2025.

That concludes the jaw-dropping report of the study of last year’s top luxury results, saying: “There has never been a year of performance rising to match 2021.”

And yet, beneath the early results are other findings that should give pause, particularly how the balance of power in the luxury market is now firmly in the hands of ‘power’ brands, like former Steve Sadove. CEO of Saks and currently a consultant. to Mastercard

MY
, describes them.

To the winner goes the booty

The “sudden recovery” Bain talks about only applies to brands of potency. Two percent market share is all small brands (<€ 200 or $ 277 million) ordered in 2021. And even more troubling, only seven brands control a third of the personal luxury goods market. .

As the report states that “there is always a place for ‘rising stars’ in the industry,” one wonders where?

Before Covid, emerging luxury brands hoped to find ground online where big brands were reluctant to venture, but that has changed. Big brands have aggressively entered the online space over the past two years, which has grown from 12% personal luxury market share in 2019 to 22% in 2021, an astonishing 38% increase since then. 2019.

Additionally, around 40% of the online segment is now controlled by single-brand websites, rather than multi-brand marketplaces. The share of single-brand websites increased from 30% in 2019.

Online success depends at least in part on the amount of advertising dollars injected into online channels. With increasing digital advertising spending and more powerful brands entering the space – Magna reports global digital media has grown by almost a third year-over-year in 2021 – small brands can’t begin to match the online marketing muscle of big brands.

Distribution shrinks

The pandemic has literally closed the doors of physical retail and they only partially opened in 2021. Specialty retailers have grown from 20% of the personal luxury goods market share in 2019 to 16% in 2021, a 10% drop in sales. Department stores fell 8%, from 18% SOM to 15% in 2021.

Even more troubling, they are expected to continue on a downward trend until 2025, when they will only hold a 10-12% stake each.

Sadove suggests that these numbers may not be as striking as they first appear. “The customer wants a seamless experience to shop anywhere, anytime. Physical stores are distribution centers for online. It’s not a question either-or but both. Distribution is a complex discussion.

What Sadove sees evolving in distribution is an evolution towards more concession models in retail, moving from traditional distribution from wholesale to retail. But that, too, will favor powerful brands that have long practiced concessions, leaving emerging brands behind.

Restructure the luxury retail ecosystem

“High-end brands want to control their own fate and the way they appear and are presented in the store,” he said, adding, “So we’re not going to move away from department stores but change the economic relationship that they talk to them for concessions.

Rather than wholesaling in stores and losing margin, powerful brands will instead pay rent, as they are already doing in their single-brand stores which are up 3% from 2019 to capture 32% share. Steps.

Over the past twenty years, the wholesale market share has fallen from 72% in 2010 to 51% in 2021, with the largest decline starting in 2019 when it fell from 60%. Now the distribution is divided almost in the middle, half by the wholesale and the other half by the retail.

While Bain doesn’t predict where wholesale and retail will end by 2025, it is almost certain that the twenty-year trend away from wholesale will continue.

“The economic model will continue to evolve. The customer goes shopping and goes shopping in different ways, ”says Sadove.

Wildcards

Second-hand luxury goods sales are not included in Bain’s estimate of the size of the personal luxury goods market, but in 2021, Bain reports that they will be 33 billion euros or $ 38 billion. in sales, up 27% compared to 2019.

It is already about half the size of each of the three main categories of personal luxury goods – leather accessories, beauty products and clothing – and its growth of 27% from 2019 leaves all other categories of items. luxury in the dust.

It can be argued that the buyer of second-hand luxury goods is not the same as the primary market buyer. But with the future of the luxury market now on the shoulders of next-generation customers, who are expected to account for 70% of global purchases by 2025, and those sustainability-conscious customers, we can expect a shift in products from first-hand luxury to second-hand luxury goods.

And finally, Bain’s positive growth projections depend on Chinese consumers and their continued appetite for luxury brands. They are expected to account for between 40% and 45% of purchases by 2025, when mainland China overtakes the Americas and Europe as the world’s largest market.

But because of its vast cultural and geopolitical differences, China can be a risky bet for Western luxury brands. Daniel Langer, founder of the luxury consultancy firm Equité and contributor to Daily Jing, warns against “chic China”.

“Young and wealthy Chinese Gen Z consumers find local brands much more ambitious and desirable than Millennials or Gen Xers,” he wrote, observing that native Gen Z consumers are exceptionally proud of their Chinese cultural heritage and its future potential.

Although he believes that Chinese luxury brands will not suddenly replace the aspiration of Western luxury brands, he cautioned, “There are clear signs that a fundamental change is happening and, like so many disruptions in the luxury space, it’s driven by Generation Z.. “

“Chinese chic is just a problem for brands that continue to do what they have always done. Competition will intensify, new players will emerge, and consumer preferences will change rapidly. Agile and proactive brands that are radically customer-centric have a chance to win, ”he advised.

These wild cards – pre-owned luxury, next-gen consumers and China – could continue to test the “strength, resilience and agility” that Bain says have enabled luxury brands to weather the “enormous turbulence” of the two. last years. But with more turbulence to come, powerful luxury brands are in the best position to pull through.


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Police issue alert for another round of retail thefts on and near the Magnificent Mile – CBS Chicago https://designsbyjanie.com/police-issue-alert-for-another-round-of-retail-thefts-on-and-near-the-magnificent-mile-cbs-chicago/ Sat, 08 Jan 2022 02:02:00 +0000 https://designsbyjanie.com/police-issue-alert-for-another-round-of-retail-thefts-on-and-near-the-magnificent-mile-cbs-chicago/ CHICAGO (CBS) – Police on Friday warned of three retail thefts from high-end stores on or near the Magnificent Mile this week. In each incident, thieves broke into a store and took high-end merchandise, before getting into a waiting getaway car and driving off. READ MORE: Talks continue, legal filings fly as CPS courses stay […]]]>


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Factbox: U.S. automakers line up electric vehicle models to take on Tesla https://designsbyjanie.com/factbox-u-s-automakers-line-up-electric-vehicle-models-to-take-on-tesla/ Wed, 05 Jan 2022 22:50:00 +0000 https://designsbyjanie.com/factbox-u-s-automakers-line-up-electric-vehicle-models-to-take-on-tesla/ A logo of electric vehicle maker Tesla is seen near a shopping complex in Beijing, China on January 5, 2021. REUTERS / Tingshu Wang / File Photo / File Photo Register now for FREE and unlimited access to Reuters.com Register Jan. 5 (Reuters) – Demand for electric vehicles prompted U.S. automakers last year to reveal […]]]>

A logo of electric vehicle maker Tesla is seen near a shopping complex in Beijing, China on January 5, 2021. REUTERS / Tingshu Wang / File Photo / File Photo

Register now for FREE and unlimited access to Reuters.com

Jan. 5 (Reuters) – Demand for electric vehicles prompted U.S. automakers last year to reveal plans to spend billions of dollars to electrify gasoline-powered models or introduce electric cars and trucks with the aim to catch up with market leader Tesla Inc (TSLA.O).

General Motors Co (GM.N) and Ford Motor Co (FN) are among those leading the chase. Ford’s market value last week surpassed GM’s for the first time in five years, a sign of growing investor confidence in its electrification strategy.

Brokerage firm Wedbush estimates that the electric vehicle (EV) market could be worth $ 5,000 billion over the next decade. Here is a list of the top U.S. electric vehicle companies, along with their models and shipments, if applicable:

Register now for FREE and unlimited access to Reuters.com

TESLA INC

** Tesla, led by billionaire Elon Musk, sells four models of electric vehicles: the Model S luxury sedan, a cheaper Model 3 sedan, the Model Y SUV, and a Model X luxury SUV.

** Musk said the world’s most valuable automaker aims to deliver its second-generation roadster and semi-electric utility truck in 2023. read more

** Production of his highly anticipated Cybertruck is slated to begin at the end of this year, with volume production in 2023, he said. Read more

** Tesla delivered 936,172 electric vehicles in 2021 read more

GENERAL MOTORS CO

** GM has suspended retail sales of its Chevrolet Bolt EV after a series of fires last year. It delivered 24,828 Bolt EV / Bolt EUV in 2021. read more

** GM, which was recently dethroned as the No. 1 U.S. automaker by Toyota Motor Corp (7203.T), aims to introduce 30 new electric vehicles to the world by 2025.

** The company began deliveries of GMC Hummer electric pickup trucks in December. Read more

** GM chief executive Mary Barra told CES’s annual tech conference on Wednesday Wednesday that the Chevrolet Silverado electric pickup will launch in two stages in 2023. read more

** The first deliveries of GM’s electric Cadillac Lyriq are expected to begin in the first half of 2022.

** GM started shipping the EV600 van last month and will add the smaller EV410 at the end of 2023.

FORD CO ENGINE

** Ford sold 27,140 electric Mustang Mach-E crossovers last year. Read more

** It plans to deliver the F-150 Lightning electric pickup truck in early spring of this year. Read more

** Its 2022 E-Transit van is slated to go on sale this year.

RIVIAN AUTOMOTIVE

** The company (RIVN.O) introduced its premium R1T pickup truck and R1S SUV in 2018 and started selling both models in 2021. read more

** Rivian EDV (electric delivery van) deliveries began last month with Amazon.com Inc as the first customer.

NIKOLA CORP

** Nikola Corp (NKLA.O), which has been embroiled in legal and management issues, began deliveries of its Tre battery-electric truck on December 17.

** The company says its hydrogen fuel cell electric truck with a range of up to 500 miles would be available from 2023.

LUCID GROUP

** Lucid (LCID.O) began deliveries of the Lucid Air Dream Edition luxury sedan on October 30.

** The company announces that it will start expanding into European markets in 2022 and plans other plans to reach 20,000 vehicles this year. Read more

Register now for FREE and unlimited access to Reuters.com

Reporting by Aishwarya Nair, Kannaki Deka and Akash Sriram in Bengaluru; Editing by Arun Koyyur

Our Standards: Thomson Reuters Trust Principles.


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What to buy in January https://designsbyjanie.com/what-to-buy-in-january/ Tue, 04 Jan 2022 00:51:00 +0000 https://designsbyjanie.com/what-to-buy-in-january/ Here’s what to buy to save big in January. Tax software Even though April 15th may seem like a long time away, it will be here before you know it. Buy your tax software now. There are offers for early risers. Set some money aside now if you are considering hiring a pro. A high-end […]]]>

Here’s what to buy to save big in January.

Tax software

Even though April 15th may seem like a long time away, it will be here before you know it. Buy your tax software now. There are offers for early risers. Set some money aside now if you are considering hiring a pro.

A high-end television

Watch the Super Bowl on KY3, with a brand new TV. If you want a high-end TV with bells and whistles, now is the time to buy. You’ll always find discounts the week after the big game, but the selection might not be that great.

Plan Presidents’ Day sales in advance

These sales begin next month. This will be the best time of year to buy major appliances like refrigerators, washers and dryers. The same goes for mattresses.

Training equipment

You won’t see such low prices on workout gear until June. Also consider buying used. It might help you decide if a treadmill is a better workout companion or a place to dry clothes.

The Horizon 7.0 AT Treadmill is a best buy from Consumer Reports and $ 999 from Horizon Fitness. CR says some high-end ellipticals can cost over $ 2,500, but you can get a good machine for less than half that price.

The Schwinn 470 elliptical retails for $ 999 at Amazon, Walmart, and Best Buy.

If you are thinking of purchasing a fitness tracker to help you reach your New Year’s resolutions, there are plenty of options to suit all needs and budgets. Some have fancy features like sleep tracking, while others are much simpler and stripped-down and will count your steps and give you just the right amount of other data.

The Garmin Forerunner 35 fitness tracker is another CR Best Buy. It costs $ 120 at Walmart, passes most CR tests, and has a claimed nine-day battery life.

Ways to save on a gym membership

Request a free trial offer. Request a free lesson. Ask if you can bring a friend. Ask About Discount — Military, Teacher, Student or Senior Discount. Check with your insurance or your employer. Agreements could mean free membership.

Do not rush. Take your time. Read the fine print. Historically, you’ll save the most if you sign up in the last week of January. Gyms want to hit quotas, and you could be successful with a little negotiation.

Also, order those Valentine’s Day roses now. Or you’ll pay top dollar in a few weeks.

To report a correction or typo, please send an email digitalnews@ky3.com

Copyright 2022 KY3. All rights reserved.


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Dewey Beach Enterprises agreement extended by one month https://designsbyjanie.com/dewey-beach-enterprises-agreement-extended-by-one-month/ Fri, 31 Dec 2021 12:04:02 +0000 https://designsbyjanie.com/dewey-beach-enterprises-agreement-extended-by-one-month/ Dewey Beach Commissioners tabled a vote to accept a Fifth Amendment to the Mutual Agreement and Release between Dewey Beach Enterprises and the town that would remove DBE’s retail space requirement. Based on discussions at the executive session of the Dec. 17 Commissioners’ meeting, Mayor Bill Stevens said the lawyer advised the commissioners to postpone […]]]>

Dewey Beach Commissioners tabled a vote to accept a Fifth Amendment to the Mutual Agreement and Release between Dewey Beach Enterprises and the town that would remove DBE’s retail space requirement.

Based on discussions at the executive session of the Dec. 17 Commissioners’ meeting, Mayor Bill Stevens said the lawyer advised the commissioners to postpone the vote to work out the details, so a vote will be taken. at the January 21 meeting.

The Fifth Amendment to MAR would remove the requirement for DBE to have 4,000 to 8,000 square feet of retail space originally planned on the first floor overlooking the Baywalk.

In the meantime, the commissioners voted to allow General Manager Bill Zolper to extend the temporary use of space in the structure as event space from its deadline of December 27 to January 27, 2022, as a sign of good faith, Stevens said.

Speaking on behalf of DBE, attorney Vince Robertson said he hoped to shut down the MAR, which he said was unintelligently drafted about 10 years ago, with a fifth and final amendment striking down the retail requirement.

DBE currently pays the city $ 37,500 per year, Robertson said, and would be prepared to increase the annual payment from $ 5,000 to $ 42,500, with the hope that the additional funds will be used for beautification efforts.

The original MAR cited a spa, gym, restaurant or other public attractions as possible retail establishments, Robertson said, but the area is not a commercially viable location.

In the Ruddertowne complex, which predated DBE’s residences, hotel, restaurant and event center, retail businesses failed, Robertson said, with high turnover and lined storefronts.

DBE tried to lease the retail space, with no success, Robertson said, possibly due to rental rates reflecting the high-end project.

“You can’t have this juxtaposition with cheap t-shirt stores, candy stores,” Robertson said. “Things like that won’t work because they can’t pay the rent, and there isn’t enough foot traffic there.”

Rather than remain a vacant storefront, Robertson said, the space would be better used as breakout rooms for the conference center.

The city would only lose the annual retail license fee of $ 273, and the hotel contributes far more than that to the local economy, Robertson said.

The agenda for the January 21 Commissioners meeting has not yet been established.


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Expert: Show of force, key to vigilance in defending against organized theft in the retail trade https://designsbyjanie.com/expert-show-of-force-key-to-vigilance-in-defending-against-organized-theft-in-the-retail-trade/ Wed, 29 Dec 2021 21:55:48 +0000 https://designsbyjanie.com/expert-show-of-force-key-to-vigilance-in-defending-against-organized-theft-in-the-retail-trade/ Fresno’s Fashion Fair Mall has been the scene of attempted thefts as well as gun-related incidents this year. An expert says that overloading security is the strongest option for store owners, even if it is expensive. Photo by Breanna Hardy Organized retail theft has taken the form of flashmob-style thefts, which are widespread across the […]]]>

Fresno’s Fashion Fair Mall has been the scene of attempted thefts as well as gun-related incidents this year. An expert says that overloading security is the strongest option for store owners, even if it is expensive. Photo by Breanna Hardy

Organized retail theft has taken the form of flashmob-style thefts, which are widespread across the country and particularly in California. The Central Valley has plans to keep businesses safe and to be proactive against theft.

Governor Gavin Newsom recently announced his “real public safety plan,” which focuses on strengthening the local law enforcement response to gun violence and drugs. But the plan also designates funds to tackle organized theft in retail. Some $ 255 million in grants to local law enforcement over the next three years are aimed at increasing presence in retail stores and helping fight organized retail crime.

It will include a permanent Smash and Grab Enforcement unit, operated by the California Highway Patrol, which will target retail, car and rail thefts in major areas of the state, including the Central Valley.

The grant money will also help small businesses recover from the financial loss of large-scale theft.

Last month, Newsom ordered the CHP to increase its presence in high-traffic malls as a preventative measure against theft.

The California Retailers Association applauded Newsom for its efforts.

“ORC (Retail Organized Crime) is on the rise across the country and California is one of the hardest hit states. There is no easy fix to reverse this trend, but the Governor’s budget for retail theft is an important first step towards eliminating the ORC that has victimized our employees, customers and customers. communities we serve, ”said Rachel Michelin, president and CEO of the California Retailers Association.

Michelin said none of these expanded measures would be possible without the association’s partners in enforcing local laws.

“We are delighted to support the Governor’s Retail Flight Program and look forward to working towards its passage in the Legislature. We need to send a message to these thief networks that California will not tolerate organized crime, ”Michelin said.

The measure is an effort to make small businesses and customers feel secure, but opinions are divided on whether money is the solution.

Rocky Pipkin, CEO of Pipkin Detective Agency, said that in his humble opinion, this measure would not help.

Pipkin has worked as a private investigator since 1987 and consults with business owners on their loss prevention practices.

“It’s all about responsibility. And liability means if you’re going to rip someone off, you’re stealing something from them and there’s no consequence – that’s the problem, ”Pipkin said.

Proposition 47, approved by voters in 2014, has been widely blamed for the recent wave of large-scale thefts. The prop. 47 prevented petty theft from being charged as a felony. If the value of the stolen goods is less than $ 950, the felony is a misdemeanor and the jail term is minimal.

“In essence, they took the responsibility away from the crooks of having to spend time in jail, of having to do whatever they could to compensate their victims,” Pipkin said.

Pipkin said it was best for store workers not to interfere with a theft in order to keep people safe.

The solution, he says, is to invest in a security team, although he admits it’s expensive.

“People are worried, especially when you see what’s going on in some of the bigger cities. It’s actually happening to some extent here in the valley, but not as bad with the number of people rushing into the shops, ”Pipkin said.

He said it would be difficult to prevent this level of theft, but his suggestion for department stores or high-end retail stores would be to have increased security.

“You have to watch your parking lots, you have to watch people,” he said.

It’s important to look for the first signs of these thefts, such as when a person or group of people walk into the store to look around and leave quickly after spotting the items.

“A lot of people who work in retail can tell when someone is there to shoplift simply by their body movements, or they are there for some purpose other than finding a particular item.” , said Pipkin.

Small businesses don’t face the same level of threat as big box stores. But many jewelry stores, high-end retailers, or those with a lot of money are in danger.

Pipkin said law enforcement agencies in the Central Valley are very proactive, although it is difficult to put and keep these people in jail longer than it takes to get their fingerprints and save them.

“It’s about being vigilant and being open about everything and letting crooks know you’re taking precautionary measures,” he said.

In order for mall owners to be in their best shape while on vacation, they need to get their tenants together and make sure they know a safety plan.

Depending on the size and amount of traffic malls attract, property managers need to saturate premises with security.

But realistically, using this level of security is expensive, and vendors can’t afford it around the clock.

Gary Yervan, owner of The Vault Fine Jewelers in Fig Garden Village, said he was happy with the way the security team is monitoring the mall.

“The mall seems to be doing a good job on the security side,” Yervan said. “We are very grateful.”

He is very happy and says the customers seem to feel safe. Security members walk around the mall and have faster transportation on the property as well.

Fig Garden Village has been the victim of thefts in the past, most notably at its Lululemon store in 2018, which recorded a loss of $ 10,000 in sportswear.

Property managers at Fig Garden Village, Visalia Mall, Fashion Fair Mall and River Park Mall did not respond to questions about the organized retail theft.

But Fresno Police Chief Paco Balderrama sent a clear message this month that law enforcement will not tolerate crowd theft. The department launched its “Operation Christmas Presence” to prevent theft this holiday season – a partnership between the Fresno Police Department, the Fresno County Sheriff’s Office and the California Highway Patrol.

Balderrama said there would be an increase in policing in shopping malls in a variety of ways, including undercover, by car, bicycle, motorbike and air assistance.

“You see it all over California. But we are ready, we will arrest you, we will hold you accountable. We will not allow crowds to rob our community, ”Balderrama said.


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Beloved New York jeweler MISH moves to Palm Beach after thirty years in Manhattan https://designsbyjanie.com/beloved-new-york-jeweler-mish-moves-to-palm-beach-after-thirty-years-in-manhattan/ Mon, 27 Dec 2021 23:40:40 +0000 https://designsbyjanie.com/beloved-new-york-jeweler-mish-moves-to-palm-beach-after-thirty-years-in-manhattan/ The interior of the new MISH store in Palm Beach Photo by Carmen Brantley Courtesy of Brantley Photography 2021 After three decades of living in New York for his eponymous business, Mish Tworkowski closed his Manhattan office on Bond Street and headed to South Florida, Phipps Plaza in Palm Beach to be precise. While it […]]]>

After three decades of living in New York for his eponymous business, Mish Tworkowski closed his Manhattan office on Bond Street and headed to South Florida, Phipps Plaza in Palm Beach to be precise. While it would be easy to attribute this decision to Covid-19, it took a long time, according to the jeweler.

“Joseph Singer, my life and business partner, and I love the idea of ​​change. It wasn’t necessarily just a business decision, ”said Tworkowski in a phone call from Palm Beach. He and Singer had a home there for years and began exploring the idea in 2018 before Covid upended the status quo model of many small businesses. “We started looking for spaces, but there was never any pressure because they were only available at the end of New York,” he notes.

Additionally, he attributes the move to the nearly four months he and his partner spent in Millbrook, NY during the pandemic. “It was not only a business decision, but also a personal one,” he explains. Being in the north of the state surrounded by nature made it possible to spend a peaceful and calm time on a daily basis to think about decisions rather than “going from A to B automatically”, as was the case with the day-to-day management of affairs. At New York. “Covid has enabled us to make good, solid business decisions that also make lives happy,” he adds. In addition, Tworkowski is a gardener who is inspired by nature. “I like the idea of ​​gardening all year round, drawing inspiration from the colors and the light on the flowers.”

Working with local Sotheby’s broker Jeff Cloninger to find commercial properties, the couple were particularly drawn to the area around historic Phipps Plaza. The plaza was home to prominent neighborhood architects such as South Florida’s Mediterranean Revival designer Addison Mizner and John Volk. They moved into a building that housed Palm Beach’s first department store and housed Bonwit Teller, Brook Brothers and others for the past hundred years.

“Many believe Palm Beach is the most beautiful city in the United States,” he said, noting that the strict zoning laws have helped preserve the appearance of the small island. “It has an upscale clientele with some of the more expensive real estate, but it’s also cultural and educational. Palm Beach ticks all of those boxes,” he notes.

Cloninger, Senior Global Real Estate Advisor for Sotheby’s International Realty, Palm Beach Brokerage, introduced them to commercial properties. Having worked in the area for over 25 years, he recently noticed a change. “The Palm Beach shopping scene has seen a huge leap forward over the past two years. Over the decades, retailers and galleries in New York City, the Hamptons and Greenwich, CT wanted to have a side location here to complement the locations. major in the Northeast, ”Cloninger explains, adding,“ What has changed is that these same companies now see Palm Beach as a primary market for their retail operations, a change from there were. just a few years ago. That’s because many of their clients consider Palm Beach their primary home and spend more time here than the traditional winter season. ” He attributes this residential displacement to several factors; the northeast tax brackets, the beauty and attractiveness of year-round life in Palm Beach, and the realities Covid has brought to the fore. “These have all mixed together to make Palm Beach so much more than its old title ‘America’s Winter Capital‘,” says Cloninger.

According to the jeweler, the historic Phipps Plaza looks like a London Square. It’s also a bit of a reboot thanks to the jeweler. The next opening will be the Carriage House dinner club similar to Annabel’s in London, housed in buildings by Mizner and another famous Palm Beach Maurice Fatio. The store was designed by Singer, who worked with local architect Smith Kellogg to execute according to preservation guidelines. It was decorated by New York interior designer Katie Ridder.

Tworkowski came with a knowledge of the region’s rich history. He and Singer have funded the Preservation Foundation of Palm Beach for the past ten years and have participated in jewelry and jewelry watercolor exhibitions and lectures on his designs.

“We gathered a clientele there, I suppose because we felt part of the community,” had written notes emphasizing their kindness. “Since the opening, people have left us Christmas presents telling us that they are happy that we are here,” referring to a particularly thoughtful gardening book. “Even though it’s the capital of glamor, it’s a lovely little town filled with people who have time to think about the things that matter.”

On Christmas Eve, a generally busy time for jewelers, they weren’t expecting many customers in the newly opened space. However, at least 15 people attended throughout the day, and it was not due to marketing efforts. “Some we knew, but not as customers; friends and clients referred others. It was all word of mouth. “

Those who cannot get in easily will now find their favorite jewelers online. After hesitating for many years, believing it wasn’t right for their business, the jeweler launched a full e-comm site last June. The results immediately proved that the decision was wise.

“It was an old-fashioned thought, but we’re not old-fashioned people, so we struggled with it,” he admits. “Successful people don’t have a lot of extra time,” he said, acknowledging that their customers were everywhere, “We realized that we were doing our customers a disservice when they couldn’t shop when they were. wanted it. By the time we launched in a few hours, we had 5 or 6 sales in California. “

This has helped the Strawberry Flower collection inspired by time spent at Millbrook resonate with fans of the brand with its uplifting and happy mood. To mark the opening of Palm Beach, Mish launched the Why Knot? collection based on a piece of weathered rope found on the beach in Mauritius. Instead of a chain, gold takes the form of a rope, which makes rings, necklaces, earrings and more. One gorgeous piece is the one-of-a-kind Cabana Charm Necklace in Turquoise that the designer has collected for 12 years.

The jeweler will open an official cocktail party to celebrate the new location at the end of January. A portion of the Cabana Charm bracelet sale will benefit the Preservation Foundation of Palm Beach. The Omicron variant could change the course of the event although Tworkowski isn’t too worried. “We have a loggia attached to the building that faces Phipps Plaza so that we can move the event outside,” he says. Certainly not something possible in New York in the dead of winter.


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