The mixed retailer category is still led by Wal-Mart, Costco and Target with a sustainable but not impressive performance in the past year. As Research and Markets reported, the current value sales growth in 2013 was equal to the CAGR for the review period at 1% but below 2012 sales growth and this category is […]
Facing the high pressure from e-commerce competitor Amazon and the discount retail chain such as Wal-Mart, Barnes & Noble is working hard to shrink the loss. Its traditional bookstores and college stores have better performance than Nook e-readers, although Barnes & Noble has invested big money on its tablets that were struggling in making […]
In the past decade, the commercial real estate industry has been going through its ups and downs. From 2000 to 2010, large numbers of commercial real estate companies had been showing up but the industry revenue didn’t catch up with the speed of increasing companies. Then the winter came with the economic recession, busted the […]
President Obama released the budget of $100 million in federal fiscal year 2015 supporting the MBTA (Massachusetts Bay Transportation Authority) Green Line Extension project (GLX) which benefits the economy and environment of Somerville and Medford communities in the upcoming several years. “The Green Line Extension offers Somerville and the region both economic justice and environmental […]
The Business Monitor International upgraded their 2014 real GDP growth forecast from 2.7% to 2.8% with growth set to average 2.4% per year from 2013-2018. Our economy is recovering. With a growing external trade demand from the key US trade partners, including Canada, Mexico and the United Kingdom, both the industrial and office segments […]
Waiting for the new episode of the True Detective or Once Upon a Time? Consider yourself a mystery, history or architecture fan? Stretch your legs and get ready to explore the fascinating historical Cambridge Common Historic District on a sunny morning. The Cambridge Common Historic District is a historic district located in one of the […]
When shopping in any retail store the average shopper would never think that there could possibly be an undercover shopper amongst them. This is exactly what happened to Cambridge recently as 30 independent retailers in the city received mystery shopping visits from undercover shoppers testing to see how the customer service was rated. This was […]
The University Station project in Westwood has been delayed for years. As the state’s largest development project, many are excited to see the dormant project take shape again. Phase 1 was anticipated to be competed by fall of 2014, but the project stalled in 2010. The location is ideal, just off I-95, and major retailers […]
Reis Reports Q1 2013 Retail Trends written by Kevin Friedman. Here are some significant and noteworthy trends from the Retail sector of commercial real estate in the first quarter of 2013, as explained by Dr. Victor Calanog, VP of Economics and Research at ReisReports. The retail sector, which only began to visibly display signs of healing in 2012, […]
In our previous post, we mentioned that companies such as Neiman Marcus are placing a greater emphasis on smaller spaces. This trend is not limited to high-end retailers. In Massachusetts, small to mid-size vendors are reaping the benefits of the ongoing state and nationwide housing recovery. With the recession in its rearview mirror, the Massachusetts […]
