The Changing Retail Landscape It’s no surprise that retail is changing. While e-commerce accounts for less than 10% of retail sales in the United States, it is certainly disrupting retail as a whole. For years there has been a rumored idea that brick and mortarRead More →
Corporate social responsibility is more important than ever before. Companies are becoming more transparent as employees, conscious consumers, and investors flock to the Internet to expose or learn about business practices in order to make informed decisions. Social media and user-generated content help drive coverageRead More →
It’s no secret some big retail brands are closing stores this year. Although these big boxes were once bellwethers for retail, their struggles aren’t necessarily indicative of the industry or brick-and-mortar business as a whole. Many retailers are thriving. Omnichannel or not, successful retailers are keeping upRead More →
Holiday spending habits are evolving in ways we can’t predict. Many consumers are no longer concerned with merely observing holidays or finding gifts for loved ones. Consumers now spend as much as 50% of their holiday shopping on themselves. And they’re not just buying things. They’reRead More →
Before there was Weingarten Realty Investors, there was Weingarten’s Food Market. After several ventures in small grocery stores at the turn of the twentieth century, Harris and Joe Weingarten opened the first Weingarten’s Food Market in 1920. Unlike their previous stores, Weingarten’s Food Market operatedRead More →
Despite all the fears retailers had surrounding ecommerce, warm weather, and ever-fluctuating shopping patterns, US holiday sales rose 3% in 2015 reports the National Retail Federation. Total US retail sales for the year reached an impressive $4.8 trillion, which accounted for over 20% of worldRead More →
A lengthy period of low energy prices would undoubtedly have a cooling effect on the Houston economy and depending upon the duration would result in significant job losses in the energy sector. However, Houston is not all about energy. Houston has the largest medical centerRead More →
The Weingarten marketing team descended on Austin, Texas for the ICSC Mocial Conference. This annual conference covers all things in the ever-evolving social media world, as well as new technology concepts that can change the consumer shopping experience. The term Mocial was coined from aRead More →
As the retail and commercial real estate professionals embark on the industry’s largest convention, ICSC RECon, Weingarten Realty evaluates the industry’s trends influencing our business model. During the recession, we saw the dissolution of big box retailers like Circuit City and Linen N Things andRead More →
All retail stores (and retail products for that matter) have a life cycle. Each cycle is described in more detail below. Innovation This is the starting point for a retail store or concept. A business owner has a great idea, puts together a business plan,Read More →