You may have heard the word “webrooming” buzzing through the retail industry lately. But if you still don’t know what it means, you aren’t alone. Unlike showrooming, where consumers shopping in a store look online for more info — or more competitive prices — on a product, recent studies suggest that the newest trend among shoppers is to gather web intelligence before heading to the nearest shop to make their purchase.… Read More

Michael Kercheval, President and CEO of the International Council of Shopping Centers

Michael Kercheval, President and CEO of the International Council of Shopping Centers

The digital age has been revolutionizing retail and shopping centers over the past several years. Still, ICSC President and CEO Michael Kercheval believes “we’re just on the cusp of this new era in our industry today.” That’s just one takeaway from our interview with him this week as we head into ICSC’s 2013 MOCIAL conference on Tuesday.… Read More

The Long Island retail market has grown significantly over the past few years, and is one of Kimco’s strongest markets. I talked in depth about this recently as a panelist for ICSC’s “Long Island Retail from All Sides” program. The event provided a snapshot into Long Island’s current and future retail market from the perspectives of several industry professionals.… Read More

The only consistent thing in retail real estate is change. Unlike other real estate sectors, the vibrant world of retail changes dramatically as new concepts pop up, existing concepts reinvent themselves, and outdated concepts fade away. And while change can sometimes be disruptive, we think it creates a great opportunity.… Read More

One vote down, one to go. The Marketplace Fairness Act is finally moving through Congress, with the U.S. Senate passing the bill on May 6th by 69-27. The act would give states the authority to collect sales tax from online retailers — just as they do with brick-and-mortar retailers — to at last level the playing field between the two sellers.… 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

In formulating our views for the retail real estate market in 2013, I keep going back to the notion of a pendulum swinging. There’s reason to be both optimistic as well as cautious about nearly every issue and trend that could impact the industry this year.… Read More