October 24, 2013
October 24, 2013
October 23, 2013
Mark Toro delivered this excellent presentation at ICSC’s NOI+ and MOCIAL Conferences about the success of Atlantic Station.
October 18, 2013
By Sarah Ritchie
Just yesterday, the World Health Organization issued a report stating what most people believe—that air pollution may be filled with toxins that cause cancer. As our environments become ever-more complex and hazardous, the condition of “regular people” is most certainly impacted. While we must leave it to the scientists to untangle the particular connections between environmental factors and the health of individuals and communities, even a casual observer knows that conditions like asthma and food allergies are on the rise. Just as individual families now find themselves making lifestyle accommodations to cope with these situations, the market is responding kind, serving niche markets to provide for those with dietary restrictions, be it veganism or food allergies. One case in point is the New York City-based Crumbs Bakery.
With celebrities like Elisabeth Hasselbeck drawing attention to the increasingly common condition of gluten intolerance, prepared food companies and restaurants, alike, are consciously preparing gluten-free options for consumers. Crumbs, the very popular cupcake shop and bakery with nearly 80 locations in a dozen states, recognizes that for those most severely affected by such disorders, even being in proximity to food triggers (on restaurant surfaces or kitchen items, for instance) can cause potentially severe medical consequences. So the new Crumbs bakery at 37 East 8th Avenue is a gluten-free zone—no baked goods contain the wheat-based product, providing all of their well-known cupcakes and pastries, with modified recipes. Even though the number of people with the most severe cases of gluten-intolerance (diagnosed with Coeliac Disease) may be relatively few in number, those in New York can now go to Crumbs Bakery in Greenwich Village, where the entire premises is sans gluten. As America’s population continues to grow and age, with a wider array of physical conditions prevalent (and environmental toxins remain), smart retailers understand that market segmentation to address medical conditions, new and old, is good business.
October 18, 2013
The shopping center industry is booming in Latin America, and at the center are Planigrupo Latam and its chairman, Eduardo Bross. When talking about Latin America’s growing retail market with Mr. Bross, his excitement is palpable, but he will also lament about the lack of skilled workers to manage these centers.
Planigrupo decided to do something about it. In partnership with the ICSC Foundation, they established the Planigrupo Latin American Fellowship in Honor of Milton Cooper and David Henry. Milton Cooper and David Henry, Chairman and President, respectively, of Kimco Development Corp., have made a significant impact on the retail real estate landscape in Latin America. The scholarship is open to ICSC members and non-members in Latin America, who want to make a career out of retail real estate. In addition to an ICSC membership, scholarship recipients will attend the John T. Riordan School for Professional Development in Latin America, and will be honored among peers at RECon Latin America.
“Planigrupo is proud to establish this fellowship in honor of Milton Cooper and David Henry. Not only have they been great friends and business partners, but their vision and interest in Mexico has created 50,000 jobs. Kimco Development Corp. has been a leader in Latin America investing $1.5 Billion in the shopping center industry that employs over 100,000. It is important we nurture talent to continue to grow retail real estate”, said Mr. Bross.
What a great way to honor two industry leaders!
Do you know someone who wants to break into the industry? Encourage people who you think could be future industry leaders to apply for the Planigrupo Latin American Fellowship in Honor of Milton Cooper and Dave Henry. The fellowship provides the tools for success—education, recognition and networking.
¡Muchas Gracias Planigrupo y Mr. Bross!
This fellowship is an example of the kind of initiatives the ICSC Foundation $5 million Capital Campaign will grow. Thank you to the members for your support.
October 17, 2013
By: Sarah Ritchie
Two weeks into the U.S. government shutdown, America sits on the brink of default. So it shouldn’t come as a surprise that an NGO (non-government organization) and privately held company are doing some of the most exciting and innovative work to address global malnutrition on World Food Day, observed in more than 150 countries on October 16, 2013. New York-based retailer Michael Kors is partnering with the United Nation’s World Food Programme to raise funds for hungry people world wide, while providing high-fashion watches to stylish customers. The inspired campaign Stop Hunger Now is appealing to shoppers’ attachment to “selfies,” social media, and having fun….while doing good.
Kors used a two-pronged approach to raise money for WFP. First, during the month of October, every purchase of a Kors “100 series” watch is accompanied by a $25 donation to WFP, enough money to feed a starving child for a semester. Beyond that, he incorporated in-store events at six of his properties (SoHo and Rockefeller Center stores in New York, as well as locations in Berlin, Tokyo, Hong Kong and Rio de Janeiro) to create buzz about the often-overlooked problem of malnutrition, the vital role of WFP and other anti-hunger charities, and the sheer excitement and personal satisfaction of getting engaged in a social justice cause. All along the way, customers were encouraged to make individual donations to WFP, as visitors were reminded that a mere $5 feeds a child for a month in much of the developing world.
At these half-dozen locations, models strolled about the stores giving away “Watch Hunger Stop” T-shirts to spread the message. Shoppers were invited to a special photo booth to mug for digitally enhanced photographs (hashtag #WatchHungerStop). The fun, but powerful, images were offered to each customer, to share on his or her social media networks. And, in a stroke of marketing genius, the shots were lived streamed to digital billboards in Times Square, including the famed NASDAQ Marketsite Tower screen at 43rd & Broadway. Now that’s Fashion for a Cause—and an important one, at that.
October 16, 2013
October 15, 2013
Watch as Duke Long explains how to create content for social media with this session from the #RECon13 #iTechLounge 1.0.
October 11, 2013
Thank you all for coming out to ICSC MOCIAL.
October 9, 2013
October 8, 2013
Watch as Diana Podaski explains the importance of video in retail real estate with this session from the #RECon13 #iTechLounge 2.0