For anyone in the industry, it’s impossible to avoid the topic of online sales and the “dramatic” impact of the internet on traditional brick-and-mortar retail. Many retailers are clearly worried, and others are uncertain about how they should respond to the growth of online retail.
Category Archives: Thought Leadership
I hear–and see–a lot of hand-wringing and uncertainty in the industry today. Far too many retailers have let the online boogeyman get in their head and influence their decision-making and resource allocation.
Developers have stopped building malls and started making places. Consumers who can buy anything they desire using the little computers in their pockets no longer have to drive to the mall for a new dress, sofa or TV. At the same time, Americans are becoming more urban and they will walk to stores if they are in their neighborhoods.
Yaromir Steiner served as a discussion leader at ULI’s Fall Meeting in Dallas on October 26 focusing on building 18-Hour Cities. His presentation was entitled Urban Transformation Tools.
When suburban malls began to stagnate in the early 1990s, the parent company of the retail stalwarts Bath & Body Works and Victoria’s Secret took a chance on a different kind of shopping experience.
A developer of the Four Bridges community, the visionary behind Liberty Center and a leader of Premier Health are all being honored for their efforts to improve their communities.
Restaurants have long served as critical components in the experiential equation of Steiner + Associates town centers. “Eating out is in,” said Yaromir Steiner. “Whether it is a chef-driven concept or a fast-casual restaurant, dining is an inherently social activity that elevates the destination status of a community, drives traffic and captures coveted discretionary dollars.
Regarded as one of the brightest and most creative thinkers and planners in the country, Yaromir Steiner recently presented an ICSC continuing education workshop titled Reinvention: Property Redevelopment and Repositioning.
This year’s State of the Region report, to be released today, says new projections based on recent population shifts and building trends show the overall population in the region perhaps nearing 3 million in 34 years.
At a time when attracting traditional department store anchors to a new or existing project is more difficult than ever before, one category that has continued to emerge as the next generation “anchor” is restaurants.