This Thanksgiving season, Kimco and the greater retail industry have a lot to be thankful for. The National Retail Federation predicts that 2014’s holiday sales are going to increase 4.1 percent over last year, totaling approximately $617 billion. 25 percent of shoppers are projected to start their holiday shopping early.… Read More
At the beginning of this year, we wrote about the 12 trends we thought the retail real estate market should be watching in 2012. Now that Q1 and Q2 are in the books, we wanted to take a fresh look at those trends, and reflect on how they’re playing out and where they’re heading as we continue to move forward in 2012.… Read More
Despite the economic challenges that have continued to impact the retail real estate industry this year, we’ve also experienced positive developments that have strengthened our businesses, reduced some concerns, and given us optimism about continued growth in 2014. This upward momentum has impacted organizations throughout the industry — REITs, retailers, and institutional investors alike.… Read More
There are several factors anchoring our thinking as to how 2012 will play out for the retail real estate market. We look at the market trends that have shaped and are continuing to shape the industry, the economic climate domestically and abroad, as well as activity happening in our portfolio and the trends we’re seeing among our tenants.… Read More
The biggest retail news story right now is, naturally, the 2012 holiday shopping season results. In November and December, national retail sales and foot traffic each increased 2.5 percent compared to the same two months last year, according to ShopperTrak.
Kimco has been discussing this story, as well as many others over the past quarter, in national and local media outlets.… Read More