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- FEATURES
- Organized retail crime
- Shoplifting has turned into an industry, with organized gangs stealing up to $34 billion a year from U.S. retailers alone. Yet the authorities continue to treat it as petty crime.
- Europeans master crime control
- Consultants give Europeans high marks for controlling theft.
- Weather-shy insurance companies
- In storm-prone coastal areas, insurance rates are up fivefold on existing properties and 10-fold on new projects. And that’s for the lucky landlords - others say they can’t get or afford insurance at all.
- Retail stirrings in post-Soviet Georgia
- Things are looking up slightly for Georgia’s economy, thanks to reform efforts and oil pipeline revenues, which means they’re looking up for retail development too.
- Building it in the family way
- A prime site 30 minutes north of Dallas-Fort Worth has long been eyed by retail developers. But the family that owned the 400-acre-plus property wasn’t going to let just anyone develop it.
- Restoring a vintage mall
- The owners of Greenbriar Mall, one of Atlanta’s oldest malls, are about to restore it. But don’t expect any demalling or other drastic changes. The landlords are determined that the renovation will remain faithful to the mall format.
- Shopping in Thailand
- Bangkok’s residents have acquired a taste for modern retailing, thanks to the activities of major international retailers and some fancy malls. But small local retailers are complaining of indigestion.
- DEPARTMENTS
- By the Numbers
- Statistics important to landlords, tenants and other students of the world around us (PDF)
- The Common Area
- Youth bans, CAM charges, Segway scooters and more
- Retailing Today
- Fossil has lots of time for Europe these days. Having established a flagship store on London’s Oxford Street, it is branching out with a plan to open about 100 stores in the region over the next five years.
- The Chinese don’t eat much bread, but Subway hopes to change that by opening at least 1,000 sandwich shops in China within 10 years.
- LensCrafters built its success on providing medical exams and eyeglasses “in about an hour.” Customers might be tempted to linger a little longer in its new boutiques.
- Carolina Herrera, the Venezuela-born designer, is to roll out her new CH Carolina Herrera “diffusion” concept in U.S. shopping centers.
- Good news for sweet teeth on the East Coast: Candyman Jeff Rubin has launched his newest sweets concept, IT’Sugar.
- Don’t expect the draft house experience - cheap beer, rowdy audiences and cheesy movies - at Brian Schultz’s Studio Movie Grill.
- News in brief from the world of retail
- News Makers
- Meet Robert Welanetz, recently chosen to head Ivanhoe Cambridge’s joint venture in Asia with Shanghai Kinghill.
- Newsmakers in brief
- Trailblazer Trach Dead at 84
- The Bottom Line
- Where all the news is financial