Highend Retailers – Designs By Janie http://designsbyjanie.com/ Tue, 21 Jun 2022 14:32:48 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://designsbyjanie.com/wp-content/uploads/2021/06/icon-2-150x150.png Highend Retailers – Designs By Janie http://designsbyjanie.com/ 32 32 Andiamo, a new cafe in downtown Milwaukee, opens next to Lupi and Iris https://designsbyjanie.com/andiamo-a-new-cafe-in-downtown-milwaukee-opens-next-to-lupi-and-iris/ Tue, 21 Jun 2022 14:30:17 +0000 https://designsbyjanie.com/andiamo-a-new-cafe-in-downtown-milwaukee-opens-next-to-lupi-and-iris/ Andiamo Coffee and Tea is now open for hot and cold drinks and downtown pastries, alongside its sibling, the new Franco-Italian restaurant Lupi et Iris. It sits in commercial space on the ground floor of the 7Seventy7 Building, the 35-story tower of upscale apartments at 777 N. Van Buren St. Chef Adam Siegel and Michael […]]]>

Andiamo Coffee and Tea is now open for hot and cold drinks and downtown pastries, alongside its sibling, the new Franco-Italian restaurant Lupi et Iris.

It sits in commercial space on the ground floor of the 7Seventy7 Building, the 35-story tower of upscale apartments at 777 N. Van Buren St. Chef Adam Siegel and Michael DeMichele own and operate the businesses.

The name of the cafe has a caffeinated resonance – it translates from Italian as “let’s go!”

Andiamo is in its soft opening phase. Hours may be adjusted later, but the cafe is now open 7 a.m. to 6 p.m. Monday through Friday and 7 a.m. to 2 p.m. Saturday.

Barista Sam Janisch makes a latte at Andiamo Coffee and Tea, 777 N. Van Buren St.

Stone Creek coffee and Rishi tea are served, hot or iced, including a range of espresso drinks that can be made with dairy, almond, oat or coconut milk. Italian sodas and lemonade are also on the menu.

The menu includes breakfast pastries from Matilda Bakehouse, including plain, chocolate, and ham and cheese croissants, sunny rolls (with orange), and fruit danishes. Pastries, including muffins and quick breads, range from $2.50 to $6.50.

Take-out coolers will be filled with sandwiches and salads, and a freezer will hold items such as pizza and ice cream, with the building’s tenants in mind.

Pastries sold at Andiamo Coffee and Tea on Mason and Van Buren streets include ham and cheese croissants.

Contact Carol at carol.deptolla@jrn.com or (414) 224-2841, or via the Sentinel Food & Home Journal page on Facebook. Follow her on Twitter at @mkediner or Instagram at @mke_diner.

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LETTER: On Greenwich Ave, short-term parking turnover is the blood of small retailers. https://designsbyjanie.com/letter-on-greenwich-ave-short-term-parking-turnover-is-the-blood-of-small-retailers/ Sun, 19 Jun 2022 20:35:35 +0000 https://designsbyjanie.com/letter-on-greenwich-ave-short-term-parking-turnover-is-the-blood-of-small-retailers/ Submitted by John Cooper, Greenwich My 96 year old stepfather lives with my wife and I and eats certain foods regularly. Over the past two weeks, I’ve been making trips to our local treasure, St. Moritz Bakery (opened 1939, on the avenue since 1960) in search of its beloved Florentine cookies. For the second time […]]]>

Submitted by John Cooper, Greenwich

My 96 year old stepfather lives with my wife and I and eats certain foods regularly. Over the past two weeks, I’ve been making trips to our local treasure, St. Moritz Bakery (opened 1939, on the avenue since 1960) in search of its beloved Florentine cookies.

For the second time in this period they didn’t have one, so I spoke up. “Any reason you’re not baking Florentine biscuits right now?” “Not enough business,” she replied.

As sad as it was to hear that, it made sense because it took me one flyover and two trips around the block to get a parking spot.

It wasn’t the owner, just a teller who knew intimately how slow business had become. When you drive down the avenue on a day as glorious as today and see hundreds of diners seated in what were once parking spaces, it hits you.

That’s why retailers are suffering, there are fewer spaces all along the avenue for shoppers to park.

When a diner takes over a space, that’s it for the full two hours, a leisurely lunch and a drink in the sun with no qualms about moving. Shoppers, trying to do errands like picking up a prescription, buying cookies, dropping off dry cleaning, etc., are likely in a space of no more than twenty minutes.

Turnover from short-term parking is driving small businesses. Retailers live off small purchases, unless it’s Betteridge, but high-end restaurants on the Avenue can drop a check for $200 for a table of 4. Weirdly, as all tables are taken outside , the tables inside are empty… until when?

A solution could be as simple as, for each block of parking spaces, 40% should be limited to 30 minutes, the rest to the full two hours.

A group coming to the avenue could be dropped off at their place and the driver could head to Mason or Benedict or another parking lot off the avenue, walk a few blocks and join their party.

Short-term spots would be constantly renewed, allowing shoppers to frequent stores suffering from a lack of activity. It might work until all those curbside dining gets pushed back to where it belongs, indoors. Last year that might have made sense, but the overblown expansion of street food this year doesn’t.

The pandemic is a fact of life going forward and the Avenue needs these spots put back to their intended use. I would hate to lose a local treasure like St. Moritz and if you don’t see it that way try to have Sarah Bernhardt like theirs anywhere else on earth…

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Cagr Status, Industry Growth, Trends, Analysis And Forecast To 2028 | Trek Bike, Derby Cycle, Giant Bicycle, MERIDA, Specialized Bicycle Components, etc. https://designsbyjanie.com/cagr-status-industry-growth-trends-analysis-and-forecast-to-2028-trek-bike-derby-cycle-giant-bicycle-merida-specialized-bicycle-components-etc/ Sat, 18 Jun 2022 01:34:30 +0000 https://designsbyjanie.com/cagr-status-industry-growth-trends-analysis-and-forecast-to-2028-trek-bike-derby-cycle-giant-bicycle-merida-specialized-bicycle-components-etc/ high-end-bike-market Premium Bicycle Market Report Coverage: Key Growth Drivers and Challenges, Regional Segmentation and Outlook, Key Industry Trends and Opportunities, Competitive Analysis, COVID-19[feminine] Impact analysis and projected recovery, and market sizing and forecasting. A detailed report on Global High-end bicycle market providing comprehensive information on the current market situation and offering strong insights on […]]]>

high-end-bike-market

Premium Bicycle Market Report Coverage: Key Growth Drivers and Challenges, Regional Segmentation and Outlook, Key Industry Trends and Opportunities, Competitive Analysis, COVID-19[feminine] Impact analysis and projected recovery, and market sizing and forecasting.

A detailed report on Global High-end bicycle market providing comprehensive information on the current market situation and offering strong insights on the potential market size, volume, and dynamics over the forecast period, 2022-2028. The research study offers a comprehensive analysis of critical aspects of the Global High End Bicycle Market including competition, segmentation, geographical advancement, manufacturing cost analysis, and pricing structure. We provided CAGRvalue, volume, sales, production, revenue and other estimates for global and regional markets.

Major Key Players profiled in the report include: Trek Bicycle, Derby Cycle, Giant Bicycle, MERIDA, Specialized Bicycle Components, Bianchi, SCOTT Sports, DAHON, Kona, Marin Bikes, CYCLING SPORTS GROUP, Santa Cruz Bicycles, Pacific Cycles, Samchuly Bicycle, XDS BICYCLES and more…

Download a free sample PDF including the full TOC, tables and [email protected]
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The regional study of the Global High End Bicycle Market explains how different regions and country-level markets are trending. Moreover, it gives a statistical representation of their progress over the forecast period. Our analysts used PPrimary and secondary research methodologies to compile the research study on the Global High-End Bicycle Market.

Market is split by Type, can be split into:
Mountain bike
Road bikes
Track bikes
Hybrid bikes
The market is split by Application, can be split into:
Specialized bike
Sporting Goods Retailers
Department stores and hypermarkets

Competitive Landscape: The competitive landscape of a market explains the competition in the High-End Bicycle market by considering price, revenue, sales and market share by company, market concentration rate, competitive situations, trends and market shares of the main companies. Strategies incorporated by leading market vendors such as investment strategies, marketing strategies, and product development plans are also included in the report. The research incorporates data regarding the producer’s product line, major product applications, and product specifications.

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The report authors have analyzed the developing and developed regions considered for research and analysis of the global High End Bicycle Market. The regional analysis section of the report provides an in-depth study on different regional and country-level High-End Bicycle industries to help players plan effective expansion strategies.

Regions Covered in Global High-End Bicycle Market:
The Middle East and Africa (GCC countries and Egypt)
North America (United States, Mexico and Canada)
South America (Brazil, etc)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)

Years considered to estimate the market size:
Historical year: 2015-2019
Year of reference : 2019
Estimated year: 2022
Forecast year: 2022-2028

Contents: Global High-End Bicycle Market Research Report 2022-2028

Chapter 1 Overview of the high-end bicycle market
Chapter 2 Global economic impact on the industry
chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing cost analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Analysis of market effect factors
Chapter 12 Global High-End Bicycle Market Forecast

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The report shares key information on:

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  • Market forecasts
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  • Main Drivers and Constraints
  • Regulatory scenario
  • Industry trend
  • New product approvals/launch
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  • Price analysis
  • Competitive landscape

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Fashion hasn’t been this fashionable since Sex and the City https://designsbyjanie.com/fashion-hasnt-been-this-fashionable-since-sex-and-the-city/ Thu, 16 Jun 2022 05:17:04 +0000 https://designsbyjanie.com/fashion-hasnt-been-this-fashionable-since-sex-and-the-city/ Placeholder while loading article actions After years of favoring casual over chic, fashion is coming back into fashion. But for how long ? The question is of more than sartorial importance. Many retailers are wrongly betting big on consumers continuing to slouch in their sweatpants; now they must decide whether the current revival of fancy […]]]>
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After years of favoring casual over chic, fashion is coming back into fashion. But for how long ?

The question is of more than sartorial importance. Many retailers are wrongly betting big on consumers continuing to slouch in their sweatpants; now they must decide whether the current revival of fancy dresses and smart suits is a post-pandemic flash in the pan – or heralds a renewed trend that will last a few more seasons.

Rising inflation and looming recession fears have hit retailing hard. Chains such as Target Corp. and Walmart Inc., for example, are struggling with a glut of inventory as consumers change their tastes or cut back on spending. But in the middle of the maelstrom, there is a bright spot: fashion.

On both sides of the Atlantic, shoppers are shedding loungewear and opting for sleek dresses and blazers. Ralph Lauren Corp., Nordstrom Inc. and Macy’s Inc. all reported an increase in demand for dressier items. Rent the Runway Inc., the high-end clothing rental service, was one of the few consumer-focused companies this earnings season to beat estimates and raise its forecast as it saw more women hire bold outfits for special occasions.

“Black tie is until 2022 while sweatpants was until 2020,” Rent the Runway co-founder and chief executive Jennifer Hyman told analysts last week.

It’s a similar picture in Europe. Inditex SA, whose strength is in interpreting catwalk trends for mass audiences, saw its sales between May 1 and June 5 increase by 17% compared to the same period in 2021. So much for the giant of the fast-fashion Shein Group Ltd. who killed Zara. Indeed, more refined dressing tends to favor high-end retailers over cheap chic. It wouldn’t be surprising to see Prada SpA’s Gucci and Saint Laurent and Kering SA benefit when they report next month, as they generate 20-30% of apparel revenue, according to Bernstein.

The swing of the pendulum towards beautiful clothes also has a wider resonance. As silhouettes change, there’s a need for new footwear – think high heels rather than sneakers. Even the underwear is enhanced. “Appropriate clothing” needs more structured lingerie. This could provide an additional boost to Victoria’s Secret & Co.’s own recovery efforts. The retailer recently halted a period of declining market share in bras, with a marginal increase.

The main driving force behind this pivot is that events have returned with a vengeance. People socialize in the evenings and on weekends. Some 2.5 million weddings are expected to take place in the United States this year – the most since 1984, according to The Wedding Report. Add in parties and long-delayed vacations, and that’s a whole lot of new outfits.

Many people hadn’t bought formal wear in over two years. With so many shoppers restocking at the same time – and posting on TikTok and Instagram – it’s become a collective experience, creating the biggest fashion buzz since 1998, when Carrie Bradshaw strutted around in her knickerbocker pants at pinstripes in the original Sex and the City.

It helps that there are a lot of wearable trends going on right now. The dress’s popularity has been building for several years, but it now comes in a host of variations, including a comeback of the wrap style, which last enjoyed a burst of popularity a decade ago. Prints are also on display, and there’s myriad to choose from, whether you want flowing flowers or geometric patterns.

Bright colors have made a resounding comeback, perhaps reflecting our optimism about life post-pandemic. This works well for dresses, but also for matching tailored jackets and pants – another trend driving women’s fashion.

Men are not left out either. Menswear was the best performing category for Nordstrom in the first quarter of its current fiscal year. Even the costume shows new signs of life. UK stalwart Marks & Spencer Group Plc’s suit sales rose 39% in May from 2019 as its buyers bought outfits for the upcoming wedding season. Hugo Boss AG’s formal wear business is still below pre-pandemic levels, but is recovering, also reflecting the return to offices.

The big question now is: how long will the good times last?

Christmas should be another opportunity to shop for clothes, given that it’s usually the holiday season. This year could be even busier, following the disruption of omicron in December 2021. And the backlog of special events – The Wedding Report predicts 2.2 million more weddings in the United States in 2023 – means that there should have a tailwind next year as well.

But beyond that, the outlook is more uncertain.

The most affluent shoppers are leading the resurgence in clothing spending. They’re splurging on travel, another major driver of wardrobe refreshes. But they are not immune to external pressures. U.S. luxury is closely tied to stock market fortunes, and the S&P 500 entering a bear market on Monday, along with the sharp drop in cryptocurrencies, could undermine confidence at the high end.

Consumers also have more options for what they want to spend. The decline in interest in clothing over the past decade has coincided with an explosion of new technologies, restaurants and streaming services. While Instagram was first embraced by fashionistas, it also gave them competition as it featured travel, dining and beauty articles. Experiments will once again compete for a slice of people’s wallets, but it’s unclear if the next few years will see the same level of innovation. Otherwise, it could mean spending more on clothes, shoes and accessories.

A continuation of new fashion trends is also essential. After restocking their cupboards this year, consumers will need a boost to buy. Petah Marian, founder of consultancy Future Narrative, sees wellness fashion giving way to darker, sexier styles characterized by corsetry, sheers and leather as the mood shifts to party in a darker economic and geopolitical context. Miu Miu’s Micro Mini Skirt may be a taste of things to come. We’ll soon see if these looks sound as good to shoppers as the slew of accessible and timeless garments that have characterized this year.

After the misplaced bet on sweatpants forever, retailers need to beware of another wardrobe malfunction.

More from Bloomberg Opinion:

• Target’s oversupply problem should scare all retailers: Andrea Felsted

• Gen Z, Gen Y and Gen X all agree on remote working: Chris Hughes

• Do computers have feelings? Don’t let Google alone decide: Parmy Olson

This column does not necessarily reflect the opinion of the Editorial Board or of Bloomberg LP and its owners.

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times.

More stories like this are available at bloomberg.com/opinion

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The 100 best men’s clothing stores in the world https://designsbyjanie.com/the-100-best-mens-clothing-stores-in-the-world/ Tue, 14 Jun 2022 14:10:12 +0000 https://designsbyjanie.com/the-100-best-mens-clothing-stores-in-the-world/ What’s the vibe? Located on a tree-lined street in CDMX’s coolest neighborhood, Void’s original location – another has sprung up in Roma Norte – is something of a clubhouse for stylists, musicians and tourists who want to traveling for advanced Void curation. Why visit? To tap into the popping local style scene, and grab a […]]]>

What’s the vibe? Located on a tree-lined street in CDMX’s coolest neighborhood, Void’s original location – another has sprung up in Roma Norte – is something of a clubhouse for stylists, musicians and tourists who want to traveling for advanced Void curation.

Why visit? To tap into the popping local style scene, and grab a good biodynamic coffee at the cafe out back.—SH


NORTH AMERICA – UNITED STATES

CALIFORNIA

cotton sheep

San Francisco, California

What’s in stock? A tight and calculated selection of rare Japanese brands including Kapital, Masato and Porter.

What’s the vibe? Located in San Francisco’s Hayes Valley shopping district, Cotton Sheep is a respite from the startups and highly-manufactured DTC brands that dominate the area. It’s filled with recycled and reclaimed wood that shows off its natural patina and lively edges, reflecting its affinity for naturalness and craftsmanship.

Why visit? So that you and your whole family (yes, they also sell very cute, very handcrafted children’s clothes) are shod in head-to-toe Japanese grails.-GO

Cotton Sheep, San Francisco, CaliforniaJoe O’Bryan

Departmento

Los Angeles, California

What’s in stock? There’s a reason people like Frank Ocean and Abel Tesfaye travel all the way from Malibu to downtown Los Angeles to shop at Departamento: No store has a bigger selection of groundbreaking brands like Man- tle, Camiel Fortgens and Martine Rose.

What’s the vibe? Walk through the door to Departmento, discreetly tucked away in the back of a Maru Coffee (past the checkout), and step into a new wavy dimension of style.

Why visit? There’s no better place in Los Angeles to discover your next niche fashion obsession.—SH

Department, Los Angeles, CaliforniaCourtesy of Departmento

Evan Kinori

San Francisco, California

What’s in stock? Current editions of hand-numbered clothing by Kinori, furniture by Copenhagen design team Frama, vintage lamps, wooden stools and woven blankets in the studio behind the boutique by artist Marina Contro.

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Hong Kong retail sales rebound in April, further growth expected (official) https://designsbyjanie.com/hong-kong-retail-sales-rebound-in-april-further-growth-expected-official/ Sun, 12 Jun 2022 12:02:00 +0000 https://designsbyjanie.com/hong-kong-retail-sales-rebound-in-april-further-growth-expected-official/ Pedestrians bustle around the Causeway Bay shopping center in Hong Kong on Friday. Photo: Li Qiaoyi/GT Hong Kong’s consumption rebounded in April after two months of decline, and the new issue of consumer vouchers this summer should further boost spending in this traditional golden period of consumption, Paul Chan Mo-po, financial secretary of the Administrative […]]]>

Pedestrians bustle around the Causeway Bay shopping center in Hong Kong on Friday. Photo: Li Qiaoyi/GT

Hong Kong’s consumption rebounded in April after two months of decline, and the new issue of consumer vouchers this summer should further boost spending in this traditional golden period of consumption, Paul Chan Mo-po, financial secretary of the Administrative Region Hong Kong Special (HKSAR), wrote on its official blog on Sunday.

Retail sales in Hong Kong SAR rose 11.7% year-on-year to HK$30.2 billion ($3.85 billion) after falling 13.8% in March, ending to a two-month decline as the major international mall emerged from its fifth wave of COVID-19.

Sales of jewelry, watches and luxury gifts rose 13.9% year-on-year in April, after falling 36.8% in March. The decline in clothing sales narrowed to 0.3% in April from 39.4% in March. Footwear and other accessories sales rose 13.2%, while department store sales rose 18.5%.

As part of the latest initiative to boost consumption, the Hong Kong SAR will launch a second round of vouchers this summer, worth HK$5,000 per person, Chan said.

More than 6.3 million Hong Kong SAR residents received the first half of this year’s consumer vouchers worth HK$5,000 in April.

“The new bond issue is expected to have a higher leverage to stimulate consumption,” Chan said.

Lin Jiang, an economics professor at Sun Yat-sen University, told the Global Times on Sunday that Hong Kong’s retail sector will see a clear recovery with government assistance in the second half of 2022.

“Steps in Hong Kong’s major shopping malls, Tsim Sha Tsui and Causeway Bay, have obviously recovered recently, to around 70-80 percent of pre-COVID-19 levels,” Lin noted.

He said the recovery in retail sales reflected pent-up desire to spend, as well as the easing of COVID-19 restrictions, adding that consumer vouchers and other government measures were also providing support.

Despite the impact of COVID-19 earlier this year, Hong Kong’s online sales and digital payments have been a beacon of hope. Online retail sales jumped 34.8% year-on-year in April in value after a revised 31.2% rise in March.

Hong Kong’s retail industry and luxury goods industry also stopped falling after experiencing declines in 2020.

According to Wharf Properties, its high-end mall, Harbor City, saw an increase in rental rates in 2021. Times Square’s revenue decline in Causeway Bay narrowed to 11% in 2021, from a decline of 22 % in 2020.

The Hong Kong Retail Management Association said last month that business for most of its members had resumed in April, with outlets selling health and beauty products, watches and jewelry, furniture and household appliances. expecting 20-60% growth.

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This weekend only: Save up to $2,000 on smart TVs with this Best Buy sale https://designsbyjanie.com/this-weekend-only-save-up-to-2000-on-smart-tvs-with-this-best-buy-sale/ Fri, 10 Jun 2022 21:37:36 +0000 https://designsbyjanie.com/this-weekend-only-save-up-to-2000-on-smart-tvs-with-this-best-buy-sale/ Once again, a massive sale from Best Buy popped up to make it easier for me. From now until this Sunday, June 12 at 11:59 p.m. CST, the retailer is offering massive price reductions on tech gifts and home appliances online. Marketed as a 3-day sales event for “dads and grads”, there are indeed products […]]]>

Once again, a massive sale from Best Buy popped up to make it easier for me. From now until this Sunday, June 12 at 11:59 p.m. CST, the retailer is offering massive price reductions on tech gifts and home appliances online. Marketed as a 3-day sales event for “dads and grads”, there are indeed products for just about every type of person here, from video games and smartwatches to fridges and, maybe more. particularly, to smart TVs.

We were blown away to see some of the TV deals included in this Best Buy sale. We’ll share a few of our favorites below, but be sure to take a look at the full sale before making a final decision. It’s Best Buy, so you might start out buying a TV and end up with a brand new washing machine.

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Simon announces several new developments | https://designsbyjanie.com/simon-announces-several-new-developments/ Wed, 08 Jun 2022 21:15:00 +0000 https://designsbyjanie.com/simon-announces-several-new-developments/ INDIANAPOLIS, June 8, 2022 /PRNewswire/ — Simon is pleased to announce the following new developments in key US growth markets and the expansion of Woodbury Common Premium Outlets: New York – Simon is pleased to announce the fifth phase of expansion of its famous and industry-leading Woodbury Common Premium Outlets, located in the Hudson Valley […]]]>

INDIANAPOLIS, June 8, 2022 /PRNewswire/ — Simon is pleased to announce the following new developments in key US growth markets and the expansion of Woodbury Common Premium Outlets:

  • New York Simon is pleased to announce the fifth phase of expansion of its famous and industry-leading Woodbury Common Premium Outlets, located in the Hudson Valley town of Woodburyin the north of New York City. Woodbury Common Premium Outlets, one of the world’s most successful premier outlets, attracts over 13 million people from around the world each year and is home to over 250 of the biggest names in fashion, all with significant daily savings . The next phase will include approximately 160,000 square feet of exciting new stores, additional parking, amenities and two hotels. Construction is expected to begin in 2024.
  • Los Angeles, California – Simon has reached an agreement in principle with the City of Carson and its CRA to take over the development of a 400,000 square foot high-end fashion store and value center, which will be located along the heavily trafficked I-405 freeway. This prestigious and attractive location will serve more than 2.5 million residents within a 10-mile radius and is just 11 miles from LAX, one of the nation’s busiest airports. This center will complement Simon’s other well-known value-oriented offerings in the greater Los Angeles market, including Desert Hills Premium Outlets, Camarillo Premium Outlets and Outlets at Orange. Work on the 40-acre site is set to begin this year, with an opening scheduled for 2024.
  • Nashville, TN – Simon will develop a high-end luxury Premium Outlet, located in the dynamic district Nashville metropolitan area in partnership with Adventurous Journeys (AJ) Capital Partners. The center will feature approximately 300,000 square feet of premium retailers and restaurants, similar to its other world-class outlets, including Woodbury Common Premium Outlets in New York and Desert Hills Premium Outlets at California. The development will be located in the high-income southern area of ​​the market, capitalizing on the region’s phenomenal growth, and will complement the existing highly successful local properties of Simon, The Mall at Green Hills and Mills of Opry. Situated at Nashville, AJ Capital Partners has carefully developed distinct hotel projects in the market, including Thompson Nashville, Soho House Nashville and Graduate Nashville. Additionally, AJ is in the midst of a 23-acre, multi-phase, mixed-use urban neighborhood redevelopment in Wedgewood Houston that currently and will continue to offer creative office, retail, residential and office offerings. welcome to the community. Construction is expected to begin in 2023.
  • Tulsa, Oklahoma Simon will take over the development of Tulsa Premium Outlets, located in Jenks, Oklahoma, off I-75 along Riverside Parkway in 2022. This rapidly growing and thriving market is well positioned for Simon’s vision of value-driven shopping and will serve as a regional attraction for all of the greater four-state region. The center will be approximately 330,000 square feet and will have nearly 100 retailers offering exceptional brands at extraordinary prices. The official opening is scheduled for 2024.

“We are excited to bring these compelling new projects to serve their markets, and they will provide the combination of quality, variety and value that retailers and consumers have come to know and expect from Simon,” said david simonCEO and President of Simon.

These exciting new developments will join Simon’s industry-leading properties around the world and help meet today’s successful retailers with additional opportunities to serve customers. Additionally, Simon Centers contribute to their local economies by creating thousands of local jobs and improving the tax base.

About Simon Premium Outlets

The Global Simon Premium Outlets offers exceptional brands at extraordinary savings through a diverse mix of luxury, designer and homeware retailers. Our Simon Premium points of sale in United States, Porto Rico, Canada, Japan, Malaysia, Mexico, South Korea and Thailand are among the most iconic and productive shopping destinations for residents and travelers alike, including Woodbury Common Premium Outlets, Orlando International Premium Outlets, High end Desert Hills outlets, Las Vegas North Premium Outlets and Wrentham Village Premium Outlets. For more information, follow Premium Outlets on Facebook, Twitterand instagram

About Adventurous journeys Capital partners

Adventurous Journeys (AJ) Capital Partners, based in Nashville, is an accomplished team of real estate and hospitality professionals whose innate passion is to cultivate a one-of-a-kind portfolio of vibrant communities and timeless assets. AJ Capital Partners’ experience is rooted in the progressive and creative application of its deeply rooted hospitality expertise across multiple real estate categories, including mixed-use, hotel, office, multi-family and retail. detail. Counterculture professionals acquire, design and develop transformative real estate across the US and UK Nashville, AJ Capital Partners is embarking on a multi-phase mixed-use project in the Wedgewood Houston neighborhood that will bring creative office, retail, residential and hospitality offerings to the community. More recently, the company acquired 22 acres of land in Miami Little River neighborhood, encompassing over 300,000 square feet of retail space, which will be thoughtfully developed through adaptive reuse, substantial streetscape and accessible core development. AJ Capital Partners also launched and owns Graduate Hotels®, a collection of handcrafted hotels in college communities internationally, as well as Marine & Lawn Hotels & Resorts, a collection of bespoke properties in the most popular golf destinations. distinguished in the world. For more information about AJ Capital Partners, please visit www.ajcpt.com.

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Consolidation of retail businesses or simplified purchases https://designsbyjanie.com/consolidation-of-retail-businesses-or-simplified-purchases/ Sun, 05 Jun 2022 05:09:05 +0000 https://designsbyjanie.com/consolidation-of-retail-businesses-or-simplified-purchases/ In today’s competitive retail climate, every business owner is looking to take advantage of every advantage available, and retail consolidation is one of the ways businesses have had success increasing their sales. . However, it is not only companies, but also the potential customers of these companies who are increasingly trying to make their purchases […]]]>

In today’s competitive retail climate, every business owner is looking to take advantage of every advantage available, and retail consolidation is one of the ways businesses have had success increasing their sales. .

However, it is not only companies, but also the potential customers of these companies who are increasingly trying to make their purchases easier.

If we look at the overall successful shopping experience from a customer’s perspective, it becomes very simple. A customer doesn’t want to drive across town and back to buy various items. They are looking for an easy, simple and varied shopping experience.

The group of retailers fills the bill. It provides the potential customer with an easy and efficient shopping experience and automatically increases the sales of the individual stores in the cluster. That’s why it works.

Retail clustering is important for any retail business district, and understanding the concept is especially important in small towns. A shopping cluster is simply a group of retail businesses located in the same shopping area. They can be in a mall, strip mall, or downtown. It doesn’t matter where they are; what really matters is their composition.

Retail clustering only works when compatible businesses are grouped together and have the same customers. Probably the best example would be food courts in large malls where food vendors are grouped together in one area, the idea being that since they all have the same customers, those customers could come to the food court to buy from one seller but end up buying from several different suppliers.

It works the same in any mall. If a shopping area contains businesses that have the same customers, the likelihood of those customers buying from more than one business is greatly increased. Surveys have shown that a majority of today’s shoppers walk into a shopping area with only a vague idea of ​​the specific items they are looking for. In a shopping strip with compatible stores, the customer rarely visits a single store because the goods in the entire store group would be items that the customer commonly purchases.

In other words, retail clustering is a way for businesses and the customer to be served, and for both to be successful, the customer must have a variety of stores and restaurants that cater to them. , and the companies in turn would have higher sales. The idea that a stand-alone retail business can be as successful as a business located in the middle of 15 other compatible businesses defies all business logic.

Of course, compatible is the key word, and that means a customer of one must be a customer of all. This does not mean that a group of all stores should carry the same merchandise. It is, very simply, that the restaurant or the shoe store or the jewelry store must have the same customer. This customer could possibly buy a dress at a women’s clothing store, have lunch at an adjacent restaurant, and then buy a book at one of the other stores.

Take a look at popular shopping areas, from Main Street in the Magic Kingdom to a mall or mall in Dallas. Disney did a study that indicated that not only did retailer consolidation increase sales on Main Street in the Magic Kingdom, but that storefronts around 25 feet wide performed better. Disney has designed some of the larger spaces with additional doors to replicate 25-foot storefronts, which are the standard width of older downtowns.

However, there are a few negatives in the retailer cluster concept that should be considered. In the commercial area, the shops should all be located on the first floor and there should be a solid line of shops. A mismatched parking lot or store is a killer for retail clustering, and professionals should never occupy first floor space. Studies have shown that many shoppers stop and turn around when they arrive at an unsupported store or parking lot, even if there are stores after the interruption. Office space on the ground floor of a commercial zone is a sure way to lose the benefit of commercial clustering.

Another key to the success of a retail cluster business area is the economic level of the customer. In other words, a resale store next to a high-end women’s clothing store is not a collection of retailers, even though they may both sell women’s dresses. They do not cater to the same customer and lose the advantages of a grouping of compatible retailers.

In the same way, if we were to break the existing strip of businesses with offices or even with businesses that were selling products that were not purchased by the targeted customers, then the entire business area would suffer.

Of course, you can’t get the benefits of retail clustering unless you have a “cluster”. This problem is another reason why the retailer cluster shopping experience works and it’s all about the numbers. A full mall is a great example of successful retail consolidation, and malls fail when they lose stores. A mall with 20% store occupancy is soon a dead mall.

Most small town centers were originally clusters of retail stores. Failed town centers across the country have done so because they either violated the concept of retail clustering or because another section of town, such as a strip mall or strip mall , was more successful in attracting customers. In fact, most downtown failures are a combination of abandoning physical store buildings, adding non-compatible stores or parking lots, and having a mall or mall with a better retail group in which to open stores.

As we progressed in our attempt to create a good retail cluster in downtown El Dorado, our properties on the east and south sides of the courthouse plaza did not look like a cluster of retail businesses. We started redeveloping buildings, recruiting new retail businesses and slowly starting to build a retail hub. There were a few stores that didn’t fit the mix, and we didn’t renew those leases. As the process of developing a good cluster continued, eight restaurants opened downtown and became an essential part of the mix as they serve the same customers as other retail stores.

Next, we brought in a retail development expert to give us advice on how to make our retail cluster a shopping destination. His assessment was frank and direct.

“You need more stores.”

It stuck with us and when we visited our daughter in Santa Fe, New Mexico, we looked at an old department store, which had been remodeled so that there was a public walkway through the center of the store and instead of one store, it was six small shops. It was a “bulb flash”.

We returned home and began work on the empty El Dorado House department store building, and a block away on the old Woolsworth store building. The result was 10 new small stores, and finally we had our retail cluster.

Richard Mason is an author and speaker. He can be reached at [email protected]



Richard Mason, columnist, El Dorado

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Shanghai’s modest post-lockdown ‘revenge spending’: beauty products, bubble tea https://designsbyjanie.com/shanghais-modest-post-lockdown-revenge-spending-beauty-products-bubble-tea/ Wed, 01 Jun 2022 05:07:00 +0000 https://designsbyjanie.com/shanghais-modest-post-lockdown-revenge-spending-beauty-products-bubble-tea/ SHANGHAI, June 1 (Reuters) – Yang Zengdong, 40, a mother of two, is ready to take her family on a long-awaited outing to mark Shanghai’s grand reopening from the COVID-19 lockdown on Wednesday. Her ambitions – to go to a mall, see what’s open and maybe buy a drink or some little toys for her […]]]>

SHANGHAI, June 1 (Reuters) – Yang Zengdong, 40, a mother of two, is ready to take her family on a long-awaited outing to mark Shanghai’s grand reopening from the COVID-19 lockdown on Wednesday.

Her ambitions – to go to a mall, see what’s open and maybe buy a drink or some little toys for her young daughters – are modest, but even those simple pleasures have been impossible during the grueling two-month lockdown.

Unfortunately for retailers desperate for a quick and “vengeful” return from shoppers of the kind seen in 2020 when China experienced a “V” recovery from its initial battle with COVID-19, the excitement that is palpable in the streets of the newly bustling city are tempered by distrust of the future.

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Shanghai’s lockdown may be over, but China is sticking to its zero COVID elimination strategy, fueling concern in the city of 25 million that it could all happen again.

“A lot of my friends, people with families and kids, their idea is to buy a bigger fridge or some food – they’re not interested in buying unnecessary things right now,” said Yang, who works as a teacher.

The focus on necessities echoes remarks by e-commerce giant Alibaba Group (9988.HK) CEO Daniel Zhang last week.

“Across all of these different levels of consumers, demand for essential items has increased and there has been less price sensitivity. Whereas when it comes to non-essential purchases, there has been more price sensitivity” , Zhang told analysts, adding that consumers were also stocking up. prepare for future uncertainty.

Although Shanghai will inevitably see a rebound in retail, it will emerge from a low baseline, with retail spending in April falling 48.3% year-on-year. Read more

Buying is unlikely to be boosted by stimulus payments to consumers, as seen in other countries. China prefers to target such spending on infrastructure and businesses, rather than consumers who are inclined to save.

Jason Yu, managing director of market research firm Kantar Worldpanel for Greater China, predicts an initial recovery in spending at food and beverage outlets suitable for pickup and delivery, with coffee, bubble tea, cakes and other upcoming “pleasure-related categories” are falling sharply.

The beauty is also set to enjoy a return to public life, Yu said, adding that the upcoming “618” shopping festival – which is attended by all major Chinese e-commerce platforms and many big brands – could boost sales.

“There will be pent-up demand for the skincare and beauty categories, especially if high-end brands market more aggressively with discounts,” he said.

LUXURY DIVISION

As China’s largest and wealthiest city, Shanghai has long been a magnet for luxury retail and is home to 12% of luxury brand stores on the mainland.

The reopening of the high-end Plaza 66 shopping center last weekend saw queues snake past a Hermès store – an encouraging sight for luxury brand executives in Paris and Milan who are banking on getting back in shape Chinese consumers.

“Many stores offer incentives to keep shoppers coming back, including tripling the points they can earn in their loyalty programs,” said Amrita Banta, chief executive of luxury consultancy Agility Research and Strategy.

Still, she’s not betting on the status quo for luxury spending in Shanghai.

“I would expect the first few days of opening to see a lot of people, but it will also have the effect of keeping other people at home who don’t want to risk being in busy areas,” she said.

Professor Yang said life in Shanghai remains tinged with a sense of risk.

“I’m not afraid of catching the virus, but I’m afraid of a positive test result and central quarantine,” she said.

“I think for most people it’s a time to enjoy the outdoors but also to protect themselves and their money. Now is not the time to pass and waste.

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Reporting by Casey Hall; Editing by Michael Perry

Our standards: The Thomson Reuters Trust Principles.

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