Store layout and design play an important role in attracting consumers in the retail industry, but what is it exactly that reels in customers and keeps them coming back for more?… Read More
Our insights on Kimco’s business progress and perspectives regarding retail real estate attracted news media nationwide throughout the third quarter. Notably, CRE Radio called upon CEO Dave Henry to help educate the industry about ongoing developments with the Marketplace Fairness Act, and National Real Estate Investor tapped Executive Vice President and COO Conor Flynn to share his viewpoints on up-and-coming retail concepts.… Read More
A few weeks ago we shared on our blog some of Kimco’s key financial results from the fourth quarter. Most notably, our occupancy rates, rental rates, and same-property NOI grew significantly for the quarter and the year. We also reiterated the importance of continuing to follow our growth strategy that we first discussed during Investor Day 2013.… Read More
We celebrated the second anniversary of our blog in 2013, marking another year of capturing some of the most important people, events, trends, and issues shaping retail and retail real estate. It’s hard to believe we’re over two years in already!… Read More
Kimco is continuing to redevelop its Richmond Shopping Center on Staten Island, with a major piece coming into place earlier this month. Target opened a new store at the center, cutting the ribbon on 135,000-square-feet of big-box shopping.
The National Retail Federation released its Valentine’s Day 2014 shopping forecast last week, predicting total spending to reach $17.3 billion. The average person is expected to spend $133.91 on the holiday this year, up slightly from $130.97 last year.
The NRF has also said that consumers will be “frugal with their budgets,” underscoring the importance of strategic promotions and deals this Valentine’s Day.… Read More
Redevelopment continues to be one of Kimco’s major value creation strategies. We are excited about our redevelopment pipeline that invests resources back into our real estate. The rewards of redevelopment go much further than the key metrics of value creation, solid returns on our investment, and higher occupancy rates.… Read More