We’ve entered a new era of retail — one where brands no longer write their own narratives, and consumers shape, rather than conform to, retail models. Major brands across the country are recognizing the increasing value of consumer insights, and are placing this consumer-driven approach at the core of their operations.… Read More
“Location, location, location” is the classic rule for real estate business success. And for small business owners, it’s often the #1 factor that influences your ability to catapult your business to its full potential.
It might sound easy enough. But choosing the right location for your business is one of the most challenging and confusing decisions for entrepreneurs to make.… Read More
You might have read on our blog this summer about Kimco’s participation in the Environmental Defense Fund’s (EDF) Climate Corps program. Climate Corps places top-tier graduate students into large organizations to make the business case for energy efficiency. This summer, Linus Ik-Pyo Hong, a graduate student at Columbia University, joined Kimco’s Sustainability Team.… Read More
The Long Island retail market experienced little fluctuation in the first quarter 2012, with the vacancy rate holding at 4.5 percent, net absorption coming in at a positive 250,884 square feet, and vacant sublease space dropping by 36,095 square feet.… Read More
If you’re a landlord or property manager, you know that leasing your small shop space has become increasingly challenging. Retail follows jobs and housing, and the recovery on both of these fronts has been slow.
Small business lending has showed lackluster growth, and competition from big box and online retailers continues to threaten small shops.… Read More
The lure of franchising for many business owners is that they can start their own business without having to create everything from scratch. Franchisors have already done much of the leg work — not to mention reduced or eliminated many of the risks that come with entrepreneurship — by establishing the business model, building strong brand name recognition, and handling most of the marketing and advertising.… Read More