Long Island Business News’ Post

Our School of management organises Mall-madness "Retail-O-Mania" Mall name :- "Venice Mall " This is basically outbound activity Excited 😊 to explore the vibrant Venice Mall. The creative advertisement and eye-catching displays really made the shopping experience enjoyable and engaging. The store layouts were well-organized, making it easy to navigate and find what you looking for. It was inspiring to see how these elements come together to create a captivating retail environment. Shopping malls are an emerging trend in the global arena. The first thing that comes in our mind about the shopping mall is that it is a big enclosed building housing a variety of shops or products. So, what we have done in the mall . First we go to the PUMA store and we ask them about the type retail format, store layout, inventory management, and current scenario. Did you know?🧐 PUMA clothing collaborates with BMW and Ferrari which is something new for PUMA . "Elevate surroundings with curated collections" 👟👕

Are Flagship Stores Necessary for Retail Brands? The concept of flagship stores traces back to the late 19th century, epitomized by grandiose structures like New York’s Steinway Hall. Over time, flagship stores became synonymous with luxury, innovation, and brand identity. With their imposing size and strategic locations in prominent global cities, these establishments transcended mere retail outlets, evolving into cultural landmarks and tourist attractions. Read the full article here: https://lnkd.in/eNT9QBic Neil Saunders "It very much depends what the purpose of a flagship is. If it’s for marketing and brand building purposes as well as generating sales, then there is a reason to having a flagship in a prime location. If it’s purely commercial then there are likely cheaper options and locations that will generate a better return." Georganne Bender "Flagships don’t always have to be huge, grand spaces, sometimes they are just the first store of many to be opened. And no, I don’t think every retailer needs an architectural masterpiece, but it’s nice when they do." Lucille DeHart "Metrics for flagships are challenging and will vary by location and business goal. Overall, however, a certain % of expenses do need to be distributed or written off as marketing to even the playing field. Some key measures of success should include: traffic count, acquistion/new to file, and editorial value."

For anyone interested in retail security, take a look at the latest piece we've written, showcasing the key benefits of security shutters for retail outlets. #retail #security #shopfront

From opening new stores to enhancing existing stores with projects ranging from full remodels to adding Ulta Beauty in-store shops, upgrading fixtures, supporting same-day services and more. Here we go!! #target #worksomewhereyoulove

Party City debuts new store format, plans to accelerate remodels. #retailrealestate #retail #retailtrends #retailsector #thegoldsteingroup #njrealestate #newjerseyrealestate https://lnkd.in/edYp2kMm

Reimagining retail: with clever reimagining, reinvention and retrofitting of spaces, new life is being breathed into old stores, James Ainsworth, Partner at Workman LLP, writes in Completely Retail. Although reverberations of high-profile collapses are still being felt — from Debenhams and House of Fraser to Beales and Fenwick’s sale of its store on London’s New Bond Street, retail is not dead – it is embracing change. There is light at the end of the aisle – with retailers and leisure operators such as Zara, All Saints, Rituals, and King Pins expanding their presence across the nation. ZARA SA will be moving into the former Debenhams unit at Silverburn, Glasgow’s flagship retail and leisure destination, as reported by Completely Retail, with repurposing works project managed by our #BuildingConsultancy team. Spanning 47,000 sq. ft over two floors, the new store – which has been taken on a 15-year lease – will be one of Zara’s largest in Scotland, and twice the size of the brand’s existing unit at Eurofund Group's Silverburn. Works are already well underway, project managed by our #BuildingConsultancy team, in preparation for Zara to begin their own works later this year to create their new store. Read more here: https://bit.ly/3XhAzy4 #projectmanagement #retailandleisure 

Malls 2.0: Goodbye Paul Blart, Hello Pop-Up Shops I was reading on Melissa Repko article on Macy's. And it made me think nostalgically about malls in the US. Remember "Mall Cop"? Paul Blart valiantly patrolling empty corridors in his Segway? While some malls still echo with those deserted scenes, a new story is unfolding—but not for the reasons you might think. Yes, department store closures have left certain malls vacant and desolate. But the reality? Not all malls are facing extinction. Instead, many are trading in the old ways for something more exciting and relevant to today's consumers. 🛍 Dynamic Retail: Imagine Paul Blart rolling through pop-up shops and local artisan markets instead of stale storefronts. Unique, fresh, and never the same twice. 🎬 Experiential Delights: Why chase shoplifters when you can catch a VR experience or a blockbuster at the cinema? Entertainment zones are the new hotspots. 🍣 Culinary Adventures: Forget the food court pretzels; think gourmet burgers and sushi bars. Malls are now where foodies unite. 💺 Inviting Atmospheres: Cozy seating, charging stations, and lush green spaces make you want to stay—not just shop. Change is here, and it’s not all bad. While some malls may still struggle, others are embracing change, focusing on experiences and community. These evolving spaces are drawing in new visitors and reviving foot traffic. The mall of the future is a place to connect, relax, and maybe even cross paths with a security robot—patrolling a much livelier landscape than Paul Blart ever could. Good read below: https://lnkd.in/gj5yZ_Z9 #malls #retailinnovation #retail #mallcop

Very interesting... "The new Bal Harbour Shops Access Pop-up isn’t your typical pop-up. It’s more akin to a traveling mini-mall with a curated collection of luxury shops that spans 17,000 square feet. After its debut at North Hills in Raleigh last November, it opened March 8 for an eight-week run next to the The Mall at University Town Center in Sarasota, Florida. The pop-up is home to 10 luxury boutique­ — including Tiffany & Co., Dolce & Gabbana, Christofle and Etro — as well as a 150-seat restaurant called The Whitman." ... "The idea behind the pop-up started with a question with which many shopping center owners have been wrestling, said Whitman Family Development chair Matthew Whitman Lazenby: “Was there a way to make balharbourshops.com a viable source for folks who wanted to buy luxury goods online?” Luxury retail brands have been developing their own online platforms, but what is missing is the ability to find that collection of luxury retailers online in one spot. “The name Bal Harbour had its own strength,” added Lazenby. “Was there a way that we could leverage that into a more direct-to-consumer model that would start to deliver the mission through e-commerce?”" https://bit.ly/49gC0iJ

Zara’s flagship store at Burnside Village Shopping Centre reopened Zara reopened a newly refurbished store at Burnside Village Shopping Centre, set in a prime location, totals nearly 2,000 square metres spanning two floors. The new store features the latest technological innovations from Zara's integrated online and physical store platform. It reflects Inditex and Zara's current strategy of opening stores equipped with the most efficient technological tools so that customers can live the fashion experience in a spacious, innovative and more sustainable environment. The quality of space is a vital part of the concept. Zara Burnside Village operates some of the most advanced energy efficiency systems a testament to Zara’s full commitment to sustainability. The measures adopted in this new store reflect this commitment and include high-efficiency heating and cooling systems, LED lighting for greater energy savings and the use of materials with less environmental impact. Read more on COMMO > https://lnkd.in/gcJ9dxej ZARA HOME Koula Di Biase Carly Cunningham Jodie Kannane Kyle Nadebaum Richard Stabile Pilar Losada Gerard Patiño Fernandez Belen Carbajo Luxury List #retailleasing #retailprojects #retailnews #shoppingcentre #retaildesign #retailfitout #retaildevelopment #retailrealestate #retailproperty #retailinvestment #adelaiderealestate #adelaidebusiness #fashion #Zara #Inditex #retailindustry #shopfitout #sustainableretail #sustainablerealestate #greenenergy

Why enhance the in-store retail experience? Why invest in better lighting, ambiance, and product presentation? Check out this article for some solid answers and insights on #retailsolutions, #retailinnovation, #ledlightingsolutions, #instoreexperience, and #industrialdesign.