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Big Lots is making waves with its strategic store closures, especially in California. What does this mean for the retail landscape and how will it impact visits to other major retailers? Find out in today’s weekly brief, where we unpack the key takeaways and the potential winners in this shift. For a deeper dive, check out our latest report: https://bit.ly/4dJG0vm

Can you guess what new tenant is arriving at Outlets At Tejon? Need a Hint? Let’s just say Tejon is about to get even more beautiful. Think you know who it is? Drop your best guesses in the comments or DM us, and if you’re still unsure, don’t worry—you’ll find out soon enough! #OutletsAtTejon #newstore #comingsoon #shopping #retail #CRA #CapricornRetailAdvisors #trending #upnext #expansion #retailstateofmind

My recent store walk of The Container Store showed better in stock positions and increased focus on customized solutions. There still seems to be upside opportunities for improvement but their recent struggles with securing financing for its deal with Beyond, Inc. highlight a crucial moment for the retailer. While external investment can seem like a lifeline, it's essential for The Container Store to refocus on its core business strengths and operational efficiency. By doubling down on inventory management, enhancing the customer experience, and streamlining its product offerings, IMO The Container Store can potentially improve its financial performance without relying on external capital. This approach would allow the company to maintain control over its strategic direction and avoid potential conflicts with new investors. Instead of pursuing deals that may compromise its autonomy, The Container Store could consider innovative ways to leverage its brand equity and expertise in organization solutions. This could include expanding its e-commerce capabilities, developing exclusive product lines, or creating partnerships with complementary brands. By focusing on organic growth and operational excellence, The Container Store may find itself in a stronger position to negotiate future deals or attract investment on more favorable terms, ensuring long-term sustainability and value for its shareholders. #RetailStrategy #BusinessTurnaround #OrganizationalExcellence #RetailInnovation #CustomerExperience #FinancialPerformance

News Alert: 7-Eleven is CLOSING 400 Stores! (Oct 11, 2024) Breaking News: 7-Eleven is OPENING 500 Stores! (Oct 26, 2024) The take away - 1. Always read past the headlines. 2. Any nimble, successful retailer will both open and close stores. 3. Pay attention to the corporate financials and trajectory of the brand #retailrealestate #iaconocre #nnn #karlyiacono

Best Buy to Close 26 Stores Amid Changing Consumer Habits Best Buy has announced the closure of 26 store locations by the end of 2024, including its Gaithersburg 270 Center store, which has been operational for 30 years. CEO Corie Barry indicated that between 10 to 15 stores would close this year and the next, potentially exceeding 25 closures by the end of 2025. The closures are driven by changing consumer habits, inflation, supply chain issues, and ongoing impacts from the COVID-19 pandemic. Despite these challenges, Best Buy is expanding into Canada, partnering with Bell Canada to open 167 Express stores, emphasizing a curated tech assortment and in-store pickup services.

The way we shop is changing – are retailers and investors keeping up? From tech-driven stores to multi-lane drive-thrus, explore how retail real estate is evolving to meet new consumer demands in our latest Viewpoint by Daniel Herrold. #Northmarq #CRE Explore the trend: https://ow.ly/Oj4U50Ul83H

Did You Know Wednesday: Our team of researchers identifies, validates, and updates hundreds of new store openings and closings daily. We provide you with early alerts on competitive encroachment or exposure to nearby closures—up to two years in advance—so you can stay ahead in your shopping centers and retail markets. Lear more at https://lnkd.in/gNGGFsHZ #RetailInsights #CompetitiveIntelligence #MarketTrends #RetailStrategy #DidYouKnow #RetailStat

CRE portfolios post-COVID have increased their exposure to Retail, among other property types. During this holiday shopping season, Northmarq shares the trends our analysts are seeing in the Retail space.

With retail competition at a fever pitch, the pressure to improve the performance of your stores – and look good to stakeholders – may be more intense than ever. But you can give yourself AND your stores a huge advantage by working with a strategic retail partner. Marmon Retail Solutions offers expert consulting support and a family of eleven retail-focused brands that specialize in smart innovation. We’ll help you gain an edge in the challenging retail landscape by:   * Providing scalable, customizable solutions for your specific store needs * Applying VAVE (Value Add Value Engineering) to product designs * Developing prototypes for actual in-store use  * Helping you test innovations before making major investments Backed by Marmon Holdings, Inc. and Berkshire Hathaway, Marmon Retail Solutions is helping stores thrive in the new normal of retail. To see how we can help you, be sure to check out our website. https://lnkd.in/gxUMh8ps