‘Retail’ Archive

Boston’s Seaport District Rising

Once a predominantly commercial and marine district that fell into a period of steep decline, Boston’s Seaport has, for the past fifteen years, been enjoying a sweeping transformation and resurgence, and today epitomizes the “live, work, play” concept. Crucial to the Seaport’s rebirth was the construction and eventual completion of the Big Dig, a decades-long [...]

U.S. Employment Update: January Jumble

U.S. employment growth remained weak in January 2014 as the economy added only 113,000 jobs, the second-smallest increase in the past 18 months. Only December 2013 experienced slower employment growth when just 75,000 jobs were added. This back-to-back weakness follows six months when the average gain was slightly more than 200,000 per month, suggesting that [...]

Transformational Changes Occurring in Lower Manhattan Retail Landscape

Change is constant in New York and retail is no exception.  Perhaps there’s no better example of a changing retail landscape than Lower Manhattan.  Once considered a business address and little else, Lower Manhattan has become a desirable place to live, work and visit.  The residential population has exploded over the last 10 years, tourist [...]

What’s the value in that?

The sluggish recovery lingers, and the new standard for most commercial real estate investments is lower returns.  Still, compared to stocks, bonds or cash, commercial real estate remains an attractive investment. RERC’s latest survey reports that ,on a scale of 1 to 10 (with 10 being the highest), commercial real estate scored a 6.7, the [...]

US Consumers May Finally Be Ready to Spend Again

The Current Conditions component of the Index of Consumer Sentiment is one of the better indicators of consumer spending. It is suggesting that consumers feel wealthier and better off in general today than they have in many years…If they begin to increase their spending more rapidly, it will boost the entire US and global economy.

Optimism is Slowly Returning

Optimism is Slowly Returning Two important segments of the economy: consumers and small businesses, are getting more optimistic. In surveys released last week by the National Federation of Independent Businesses (NFIB) and the University of Michigan, the measures of confidence both reached their highest level since the recession of 2007-2009 began. The NFIB survey measures [...]

2011 Year-End Retail Round Up

As we approach the end of another year, the U.S. economy continues its measured recovery.  Gross Domestic Product grew at a 2.5% annual rate in third quarter 2011, bolstered by consumer spending, investment and exports, and a 1.1% year-over-year increase in non-farm payrolls that resulted in a net gain of roughly 1.5 million new jobs. [...]

What do investors think they know about retail?

At a time when retail sales in much of Europe are failing to stage the kind of recovery hoped for and consumer sentiment is lagging that seen in corporate Europe, it may seem odd that property investors are pouring money into retail rather than office or industrial property Investment by Sector in EMEA       [...]

Happy Christmas or Cold Comfort?

Airports around Europe may have ground to a halt this month as poor weather and delayed flights impacted, but it’s been a more mixed picture for retailers across the region. Even in those parts of northern Europe most affected, (for once it isn’t the south which is suffering), most retailers are hoping this will only [...]

Unburdened Consumers

The recession of 2007-2009 was partially a result of over-leveraging as consumers borrowed beyond their means to purchase goods and services. This was most notable in the housing sector where lending soared, households borrowed far more than they could reasonably be expected to pay back and the resulting mortgage crisis strained the banking system and [...]