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Selfridges Is For Sale For £4B. But How Much Money Does A Good Department Store Make These Days?
News

Selfridges Is For Sale For £4B. But How Much Money Does A Good Department Store Make These Days?

... times EBITDA, slightly higher than for other types of retail like apparel companies. Trading for chain department stores ... Street, Selfridges has been moving toward more leisure and experiential retail to bring shoppers in, including a basement boxing ...

Jun 15, 2021
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New Amazon 4-Star Store To Give DFW Residents A Case Of FOMO With Local Presence
News

New Amazon 4-Star Store To Give DFW Residents A Case Of FOMO With Local Presence

... said 4-star outlets aim to offer the best in experiential retail. The stores play on the average buyer’s fear of ... Amazon brick-and-mortar concept falls well within the coveted experiential retail space. "I think that they’re demonstrating the experience ...

Jun 21, 2019
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Fulton East Rooftop
News

Is The Golden Age Of Central Business Districts Over? Experts Say Maybe.

... : Times Square in Manhattan, until recently a hub of experiential retail that drew millions of visits a year. When New ... Magnificent Mile Association CEO Kimberly Bares told Bisnow. Though retail square footage might drop post-pandemic, urban settings will ...

Jun 11, 2020
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The Phoenix Economy's Diversifying, Which Will Spur Real Estate Growth
News

The Phoenix Economy's Diversifying, Which Will Spur Real Estate Growth

... well-paying jobs. New office, retail and residential development in Phoenix is increasingly emphasizing experiential aspects, according to the speakers ... local offerings need to be part of the mix in experiential retail, and there need to be events.  In an ...

May 17, 2017
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15 Things You Need to Know About Property Management
News

15 Things You Need to Know About Property Management

... Growing Open Spaces At Their Projects Experiential Amenities Differentiate Multifamily Offerings Retail Landlords Need To Abandon Rent- ... Estate CA Ventures Launches Property Management Company Unique Experiential Retail Concepts Are Great But They'll Fail ...

Dec 18, 2018
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Capital One Cafe rendering
News

Capital One To Bring Café Concept To Anacostia

... Georgetown. The concept represents Capital One's foray into the experiential retail trend.  The Capital One Café locations feature a full ... Falcicchio said. "The addition of Capital One as a retail tenant will provide further vibrancy and also give residents ...

Aug 14, 2020
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Premier Shopping Districts Are Particularly Vulnerable To Pandemic And May Need A Reset
News

Premier Shopping Districts Are Particularly Vulnerable To Pandemic And May Need A Reset

... pressure on beleaguered outlets. That is happening throughout the retail sector, but premier shopping districts like the Magnificent Mile ... -COVID-19, I was going hard on the concept of experiential retail,” she said. “We would tell people, ‘Sure, you can ...

May 28, 2020
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How Dead Malls Are Resurrecting As Something Else
News

How Dead Malls Are Resurrecting As Something Else

... ’s entertainment; maybe it’s food; maybe it’s experiential retail,” Vlahos said. “All of us are trying to get ... Simon is replacing traditional anchor department stores at Southdale with experiential concepts. Life Time Athletic, a luxury fitness center, will ...

Sep 19, 2018
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Macerich Gets Forbearance On $600M Queens Center Mall CMBS Loan
News

Macerich Gets Forbearance On $600M Queens Center Mall CMBS Loan

... The forbearance agreement comes as Macerich only collected 26% of retail rents in May, The Real Deal reports. The real estate ... rebound, in part by transforming spaces in malls into experiential retail and mixed-use districts with offices and apartments. 

May 15, 2020
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Rendering of Unibail-Rodamco-Westfield's transformation of a former Sears Dept. store in Woodland Hills
News

Former Sears To Become Massive $250M Food Hall, Entertainment District

... owners and developers are changing their property by adding more experiential retail, entertainment and dining options. Closed in 2015, the ... and an entertainment and sports arena. Once the Village retail center, the Topanga Canyon mall and Promenade 2035 are ...

Jan 13, 2020
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