It takes more than a "retail apocalypse" to stop NYC. In this week's episode of Retail Retold, Chris sits down with Ariel Schuster , Vice Chairman at Newmark and NYC retail real estate expert. Ariel offers a deep dive into the NYC retail real estate market, down to which neighborhoods are the hottest destinations for brands right now....
Outline Challenges in funding direct-to-consumer products due to market changes and investor caution. • Funding for direct-to-consumer products is challenging, with a 97% decrease in venture capital funding in 2022 compared to 2021. • Chris Ressa notes that this shift in funding is changing how brands are coming to existence, with DTC brands needing to be more creative in their financing strategies. • Ressa and Iacono discuss the decline of institutional investment in DTC brands, citing higher c...
In this weeks episode, Chris sits down with Melina Cordero , founder of P20, a digital learning platform focused on helping Companies adjust to a post 2020 environment. Listen in to learn about the future of workplace culture, shifting recruitment strategies, and measuring success in DEI!
In Today's episode of Retail Retold, Chris sits down with Brian Vigorita , owner of Hudson Valley Pickleball and Golf Center in Poughkeepsie NY. They talk about Brian's other entrepreneurial ventures, the process of getting a business open, and offer a sneak peek into Hudson Valley Pickleball!
Those who act on today's trends will be tomorrow's big winners In this week's episode, Chris sits down with Ethan Chernofsky , head of marketing at Placer.AI as they discuss the most important retail real estate trends in 2024. You'll also learn: What is "affordable luxury" What context is necessary to accurately analyze segments of retail real estate? How resilient has the grocery category been over the past five years? Listen in as two commercial real estate experts give their takes!...
In this solo episode, Chris tackles assignment provisions in commercial leases, which allow tenants to sell their business to other entities Chris dives into the perspectives of both tenants and landlords, the importance of finding a balance between flexibility and control, and what factors to consider during the approval process for assignments.
It's time for another episode of What's in Store with Karly and Chris! Today's episode is all about cold hard cash, and how to get more of it from your retail properties! Tune in as Karly and Chris discuss densification, ancillary income, working with existing tenants on renewal terms, financial strategies, and property upgrades.
Paul Yousef is the Principal Dealer at Millenium Wireless Technology, Inc (MWT), an authorized AT&T dealer with 28 locations in the Midwest. In today’s episode, Paul shares a truly fascinating story about buying 7 struggling locations in Wisconsin and how he turned it into 10 profitable stores! Chris and Paul discuss the power of building strong relationships, taking a leap of faith and the importance of brand awareness.
Chris is rejuvenated from some well-deserved time off and ready to drop some knowledge! In the real estate industry, adding value is the name of the game. Today's solo episode explores three ways to add value in a low-vacancy environment along with the story of navigating a tricky development deal for a Starbucks in Newburgh, NY.
Join Chris Ressa as he sits down with Roxy Klein, a broker at Progressive Real Estate Partners focused on the Inland Empire. You'll learn: How to balance patience with urgency in the dealmaking process How strong is leasing momentum in the Inland Empire? What is bad real estate vs. bad pricing? What is a conditional use permit? How quickly deals change, the importance of being adaptive
It's another episode of What's in Store! This week, Karly and Chris are navigating the tricky world of lease provisions. Listen in as two experts in commercial real estate discuss seven common kinds of lease provisions, their thoughts on each, and the best tips for negotiating these provisions with tenants.
This week Chris Ressa sits down with Louis Asbury, VP of real estate at Diamonds Direct. Make sure you bring a pen and pencil because a LOT is covered in this episode. From the state of the jewelry business to the future of pickleball and the real estate behind all of it, this episode is chock full of insights. Join Chris and Louis as they tell the story behind one of Diamond Direct’s newest locations at the Woodlands in Houston.
Possession contingencies in the retail real estate world – CRITICAL. This week Chris Ressa tackles this game-changing aspect of retail real estate deals – possession contingencies. Find out why this clause is a game-changer when signing leases for retail spaces. And why. BONUS: 2024 is a perfect time to reflect on where you can skill-up both professionally and personally. We think you’ll be very curious to hear what is keeping Chris busy outside of work. Share your new skill below!...
On today’s #ThrowbackThursday, we return to December of 2022 when Chris Ressa sat down with Brin Snelling to talk about the evolving retail landscape and the changes in store for 2023. A year later, many of these predictions were right on target. Brin explains how brands can make informed decisions on store locations and enhance their retail strategies by leveraging customer data, demographics, and third-party insights, brands can make informed decisions on store locations and enhance their reta...
With the year coming to an end, Chris and Karly are here to give you their top retail real estate predictions for 2024! ⭐ Shift to suburbs : Due to a shift in lifestyle preferences and an increase in hybrid work environments, suburbs will dominate retail real estate in the new year. ⭐ Green is in : Retail properties will embrace sustainability by trying out LED lighting, solar initiatives, and water conservation. ⭐ F lexibility rules: As store sizes evolve, retailers will adapt to existing space...
We all know how important it is to invest in ourselves. But Ty Brewster took that advice to the next level – by spending $30,000 per year when his income was only $18,000! Ty is a retail broker for Locate AI, a company that provides location and revenue analysis for potential store locations for franchisees. By taking risks and investing in his career, Ty was able to build a team of brokers around the country that now drives millions of dollars in revenue.
Are you dreaming of a white Christmas? Jim Barone is here to clear the snow! This week Barone, President of Barone Enterprises, joins Chris Ressa on Retail Retold to dive into the world of retail real estate management. What are the unique challenges and opportunities of the snowplowing industry? From insurance hurdles to life-saving efforts during extreme storms, learn what it takes to succeed in snowy markets!
Let’s take a deep dive into recent retail mergers and acquisitions. Chris Ressa and Karly Iacono guide us through the dynamics of recent REIT mergers, from Kimco’s strategic moves to Regency’s suburban market plans. ⭐ a shift towards consolidation ⭐ challenges of scaling in a competitive market ⭐ clever capital structures influencing acquisitions Listen in now to hear more!
Got 10 minutes? You should. In a special episode of Retail Retold, Chris Ressa dives into DLC’s $100M blockbuster acquisition of four properties in four states. The unique dynamics of this deal, combined with the challenges commercial real estate companies face in the current economic climate, make this a one of-a-kind story. There are incredibly exciting prospects coming to DLC's portfolio.
‘Tis the season for holiday shopping… and CEO insights! No better time than Black Friday, the official kick-off of the holiday shopping season to hear from Tom McGee, CEO and President of the International Conference of Shopping Centers (ICSC). Listen to this week’s episode of Retail Retold with Chris Ressa and you’ll get the answers to all your burning retail questions not to mention some extra insights into his leadership role. ⭐how companies are adapting to consumer trends ⭐the importance of ...
🔥“I’m an opportunity buyer, not a distressed seller.”🔥 Gary Rappaport’s story is a testament to seizing opportunities and thriving in the world of retail real estate. As the CEO of Rappaport, he preaches about the importance of embracing entrepreneurship and being willing to take risks. 📕 the art of creating long-term assets, embracing risk, and finding value in every property 💻the evolving relationship between brick-and-mortar and e-commerce 🏠how Gary turned a small home builder business i...
“The asset level fundamentals have never been stronger […] I have never seen the type of demand and increased percentage that we’ve gotten over the prior year, for some of the renewals that we’ve been able to execute.” This week, DLC’s very own VP of Leasing Daniel Nieman brings 🔥 to Retail Retold with Chris Ressa. 👊 Why small businesses are thriving 👊 How Dan sealed the deal with a golf entertainment company in UNDER 30 days 👊 How to stand out in the job application process Listen in now!...
Why are retailers still focused on opening new stores? The secret is in the numbers. “You can’t make money in clicks without bricks.” Join Karly and Chris as they discuss why competition for retail space is intensifying, and find out why physical stores are more profitable than e-commerce, despite the high initial costs.
“In order for retail real estate companies to grow, when you’re not going to issue stock and dilute your shareholders in the public market, they’re going to grow through mergers and acquisitions.” Today’s episode of Retail Retold features Chris Ressa’s interview with ICSC’s Chairman and CRE legend Glenn Rufrano at ICSC NY/NJ earlier this month. Here are some key takeaways you won’t want to miss: 👉 Customer experience is king 👉 M&A can be a strategic move for growth 👉 Be prepared for shift...
“Success in the beauty industry is all about blending creativity and customer connection.” Mark Norman, the Chief Development Officer at Hair Cuttery Family of Brands, reveals the secrets of the salon industry on this week’s episode of Retail Retold. 👉 The importance of salon relationships 👉 Hair Cuttery’s exciting growth strategy 👉 The competitive landscape of the beauty industry 👉 Choosing perfect salon real estate Listen in now!
The history behind America’s FAVORITE pit stop. Join our conversation with Stuckey’s Roadside CEO Stephanie Stuckey as she breaks down the history of the popular chain, and how this family-owned brand is making a comeback. Stephanie’s grandfather, the founder of Stuckey’s, used innovative methods to strategically position his stores, from the legendary teal roof to the candy-lined walls that inevitably led to higher sales.
What’s in your google search results about retail real estate? Chris Ressa shares what’s top of his SERP and takes us through a really important lesson in identifying strategic versus opportunistic opportunities. 📈 Surge in retail store openings 💰Organized retail crime is a major issue for retailers 🏪Spectrum’s expansion in upstate New York Check out Episode 203: How to Reduce Organized Crime by 69% to learn more about the topics covered in this episode....
The epic tale of a Halloween Showdown! (GHOST EMOJI) In today’s replay episode, Greg Parsons joins Chris Ressa to dive into the world of seasonal and short-term leasing. The plot twist here...you will NOT want to miss it.
Gone are the days of shopping for textbooks and pencils during the back-to-school season! This year, retailers are tapping into the Health and Beauty sector, offering everything from healthy snacks to skincare on the go. 👉 Record breaking back-to-school sales 👉 Increased foot traffic to shopping centers 👉 Effect on holiday sales Listen in now!
“Whoever wants to come closer to the consumer is going to come knocking on (retail’s door).” Welcome to a special edition of ‘What’s In Store’, hosted LIVE at ICSC PA/NJ/DE last week. 🔥The importance of flexibility as markets transition 🔥Why retail trades 30-40% below replacement costs in grocery-anchored centers 🔥 Fulfillment centers and their proximity to the consumer Listen in now!
