The golden quarter kicked off strong, with October showing #retail foot traffic up by 1.74% and sales growing 4.6% year-over-year. Consumers embraced the season with renewed enthusiasm, sparking growth across key categories including Home Improvement & Furniture, Apparel & Department Stores, and Food Stores. See more of the key October findings in our latest Retailer Foot Traffic Report, here: https://bit.ly/3OtmBDY. #ColliersRetail
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The Tenant Mix Blueprint quantifies the impact of the tenant mix on retailer and property performance. In a unique contribution to retail real estate research, the report also demonstrates how a consumer’s primary visit influences their likelihood to shop at additional retailers in the same trip. For example, over 50% of consumers visiting an apparel retailer as their primary visit will visit a second apparel retailer afterwards. Do you want to know what happens when consumers visit a grocery store? Or a health and beauty store? Read the report to find out: https://ow.ly/rbWZ50TBBLt #ColliersCanada #Retail #TenantMix
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The Tenant Mix Blueprint quantifies the impact of the tenant mix on retailer and property performance. In a unique contribution to retail real estate research, the report also demonstrates how a consumer’s primary visit influences their likelihood to shop at additional retailers in the same trip. For example, over 50% of consumers visiting an apparel retailer as their primary visit will visit a second apparel retailer afterwards. Do you want to know what happens when consumers visit a grocery store? Or a health and beauty store? Read the report to find out: https://ow.ly/RbSR50TECwP #ColliersCanada #Retail #TenantMix
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🛒 ICYMI, we recently released the US retail rankings report, which takes a detailed look at the habits of consumers when they are shopping online or in person. The report analyzes which stores and brands consumers prefer to buy from when shopping for groceries, apparel, and home furnishings. 👇 Learn everything you need to know about retail consumers, and which brands they prefer! https://okt.to/msCSh7
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The Tenant Mix Blueprint quantifies the impact of the tenant mix on retailer and property performance. In a unique contribution to retail real estate research, the report also demonstrates how a consumer’s primary visit influences their likelihood to shop at additional retailers in the same trip. For example, over 50% of consumers visiting an apparel retailer as their primary visit will visit a second apparel retailer afterwards. Do you want to know what happens when consumers visit a grocery store? Or a health and beauty store? Read the report to find out: https://ow.ly/wkW450TBLCa #ColliersCanada #Retail #TenantMix
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The Tenant Mix Blueprint quantifies the impact of the tenant mix on retailer and property performance. In a unique contribution to retail real estate research, the report also demonstrates how a consumer’s primary visit influences their likelihood to shop at additional retailers in the same trip. For example, over 50% of consumers visiting an apparel retailer as their primary visit will visit a second apparel retailer afterwards. Do you want to know what happens when consumers visit a grocery store? Or a health and beauty store? Read the report to find out: https://ow.ly/RFkS50TEqrZ #ColliersCanada #Retail #TenantMix
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The Tenant Mix Blueprint quantifies the impact of the tenant mix on retailer and property performance. In a unique contribution to retail real estate research, the report also demonstrates how a consumer’s primary visit influences their likelihood to shop at additional retailers in the same trip. For example, over 50% of consumers visiting an apparel retailer as their primary visit will visit a second apparel retailer afterwards. Do you want to know what happens when consumers visit a grocery store? Or a health and beauty store? Read the report to find out: https://ow.ly/Sg6b50TAK2t #ColliersCanada #Retail #TenantMix
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The Tenant Mix Blueprint quantifies the impact of the tenant mix on retailer and property performance. In a unique contribution to retail real estate research, the report also demonstrates how a consumer’s primary visit influences their likelihood to shop at additional retailers in the same trip. For example, over 50% of consumers visiting an apparel retailer as their primary visit will visit a second apparel retailer afterwards. Do you want to know what happens when consumers visit a grocery store? Or a health and beauty store? Read the report to find out: https://ow.ly/RN0G50TEfmm #ColliersCanada #Retail #TenantMix
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The cold weather in July did not bring good news for the #UKretail sector, but the following two months spiced things up again. #fashionretailsales appear to be back on track with the wider #economy, as continued falling #inflation has led to lower prices. #consumers are still reluctant to spend given the difficulties of recent years, but the challenge for #retailers is now to keep up and not fall behind again to boost demand in the months leading to Christmas #worldfootweartrends #retailflashuk #footwearretail
UK Retail: good signs for the run-up to Christmas
worldfootwear.com
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To see just how worldly the UK’s retail landscape has become, we asked Retail Week sister brand Retail Navigator by Lumina Intelligence to reveal the international retailers with the biggest UK sales, and how much they’re forecast to grow over the next few years. https://lnkd.in/e5XEJt-i
Ranking: The 20 biggest international retailers in the UK
retail-week.com
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🛍️ Retail Revival: Foot Traffic Trends in Key Department Stores Key Takeaways and Industry Implications Advan’s foot traffic data from January 2022 to May 2024 reveals several key trends in the apparel retail industry: - Resilience of Discount Retailers: TJ Maxx and Ross Stores have demonstrated robust growth, underscoring the enduring appeal of discount retailers. Their ability to attract shoppers seeking value for money remains a significant strength. - Strategic Shifts in Traditional Department Stores: Kohl’s mixed performance suggests that traditional department stores must continuously innovate and adapt to changing consumer preferences. Strategic partnerships and store redesigns can drive foot traffic, but consistent execution is crucial. - Upscale Market Dynamics: Nordstrom’s growth highlights the complexities of catering to upscale consumers. While there is potential for strong foot traffic, it is essential to balance premium offerings with broader market trends. Read more: https://lnkd.in/eRcU87Xe #FootTraffic #Geolocation #Retail
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