I have spent a large amount of time on planes recently, supporting the wider JLL business and ICSC on the launch of the research on Food and Beverage and its impact in shopping centres. You can download the report here. First of all I found myself in Austin Texas, participating in the “Food for Thought” […]
What does the future of retail look like? That’s always one of the big talking points when thousands of retail professionals get together. At the retail industry’s annual trade show MAPIC, held in Cannes, France, multiple conversations centred round the impact of rapidly evolving technology, the challenges of brand building in the digital age and […]
Time constrained shoppers have voted with their feet where Tesco is concerned, many are choosing grocers with fewer items on the shelves. Tesco’s recently posted a record breaking £6.4bn loss and, of all the analysis, comment and opinion, one snippet has stuck in my mind. Tesco offers a bewildering array of tomato ketchup: 28 varieties. […]
This post was published first on ICSC’s The Centre of Shopping blog. ICSC’s European Retail Asset Management Group recently carried out a collaborative effort to determine their top asset management trends. ICSC will share the top 8 trends on their blog up until Christmas. The Group’s Chair Robert Bonwell opens the series with a focus on the […]
JLL asked 400 national and international retail representatives a series of questions to find out where the future of the German fashion industry lies, including; what are your expansion goals? Which criteria are relevant to you when choosing your location? What effects does online retail have on your business? Some of the results were surprising. […]
Jeremy Eddy, European Retail Capital Markets, JLL, talks transaction volumes, trophy deals and retail trends after a successful first half of 2015, which puts the firm on track for a record-breaking year in European retail.
Fresh from two days of innovation and insight at ICSC European Conference in London, Shelley Matthews, European Retail Capital Markets, JLL, explains why the future of retail is all about ‘place making’. In the UK, there are more farmers’ markets opening than branches of Tesco, it’s indicative of the multi-sensory shopping phenomenon that is currently […]
From Martini bars in Milan to buying conchiglie in Carluccios, meet the modern retailers who are reaping the benefits of combining the shopping, eating and drinking experience. Back in the 90s, or even as recent as the Noughties, if you entered a shop drinking a can of coke or eating a Mars bar you […]
First published in the Across Magazine, Issue 3. I think that everybody knows that foodservice in Shopping Centres is growing. It has become a more important part of the tenant mix as we shift from a consumption based economy to an experience based economy. The proportion of guests visiting Shopping Centres who choose to eat […]
While property marketers play a key role in securing value, they have often found it hard to capture and articulate precisely what it is that they do. All too often, marketing is perceived as a series of tactical, promotional activities rather than the core strategic function that it should be. At JLL we realised that […]
Affluent Nordic cities are attracting international retailers as they broaden EU expansion plans, Jonathan Bayfield explains why. Louis Vuitton, Michael Kors, Boggi and Superdry: these are just a few of the international brands that have expanded across the Nordics in recent years with JLL’s guidance. As economic conditions improve across the Eurozone, retailers are entering these […]
Robert Bonwell explains why asset managers are paying more attention than ever to the power of a scientific leasing strategy. The cornerstone of any shopping centre asset is the asset manager – responsible for driving and enhancing the value of the asset. Their asset manager’s client could be an institutional fund, REIT, private equity group, […]
We’ve all used the internet to research a product before purchasing it. With the ease of reading online reviews written by other users beforehand, as well as using smartphones while shopping, it is now clearly essential to research products online or on your mobile before making a purchase. The growth of e-commerce and what effect […]
Extract from JLL’s Redefining Retail Places In our blog, ‘Urbanisation: 6.3 billion living in cities by 2050 – implications for Retail’, we discuss the impact of the powerful demographic forces that are at work on a global level, and how urbanisation and population growth are reshaping the Global Retail landscape, and leading to exponential growth […]
We all spend a great deal of time looking to the future to try and second guess how cyclical and structural change will play out in the world of retail. Retail is dynamic, change is a constant and we can be sure that the future of retail holds some ‘unknowns’. Here is a short video […]
Extract from JLL’s Redefining Retail Places There are powerful global demographic forces at work, which are contributing to fundamental change in the world of retail and are redefining retail and urban places. Please read more here.