Empire State Realty Trust’s Post

Discover the retail transformation along Bruce B. Downs Boulevard, learn about Tommy Bahama's new restaurant and retail store in St. Armands Circle, and get the details on major shopping center sales in Sarasota and Polk County. Read all about it in this week's #LQCRE #TampaBay #LQTPA #Retail #News Brief.

End of an Era: 18 All America Firms Closing Doors in the US American retail and dining is changing irreversibly. Iconic stores and restaurants that once defined the vibrancy of community life are now fading memories, leaving behind empty storefronts and a sense of loss. What future awaits the next generation in this era of closed doors? https://lnkd.in/gc5XSGKC

2024 has been an exciting year for the Indianapolis retail market-- Numerous blockbuster events hosted downtown has led to restaurant and retail spending and continued investment on the LEAP District in Lebanon will bring future retail growth to the surrounding area. Find out more insights in the Q3 2024 Indianapolis Retail Five Fast Facts below and the MarketBeat report that can be accessed here: https://lnkd.in/g2At4j2

As a fan of Howard Schultz, I fell in love with Starbucks after reading his book Onward, and I am excited about these proposed changes. Handwritten names on cups, warm ceramic mugs, and cozy furniture may seem insignificant to retail sales, but consider your favorite bars, restaurants, or shops. What makes them special is that they feel like an extension of your home. They know you, and you know them. It creates comfort and connection. When customers feel at ease and connected to the establishment, they are more likely to stay longer and return frequently. Comfort breeds loyalty and encourages spending, transforming casual visits into meaningful experiences that keep us coming back for more. #SalesAndMarketing #BrandLoyalty

This is an interesting article for me since I live in the Seattle area and see a Starbucks on almost every block. Development-wise, it's hard to imagine there's room for more locations, let alone new leases in existing buildings. I wonder if any local landlords have opted for alternative coffee brands over Starbucks due to factors laid out in the article like lease terms and rental rates. We all know there is no lack of coffee options around here. It would be interesting to hear firsthand experiences and insights on this as it pertains to Western Washington or even the PNW in general. Could this be a growing trend, even in the birthplace of the brand? #CommercialRealEstate #Seattle #PNW #Starbucks #NetLease #WashingtonRealEstate #SeattleRealEstate #Retail

🍴Morrisons Cafes, an icon in British supermarkets… Yesterday evening, alongside a number of suppliers and the Morrisons Cafe team, we celebrated the hard work that has gone into transforming Morrisons Cafes. During this special event held at Leeds Kirkstall Morrisons, we heard from Chris Strong Sean Gill and Matt Hinton who shared the latest updates; 💛 Market Leadership: Morrisons holds a 51% market share of all supermarket cafes in the UK. 💛 Customer Satisfaction: An impressive increase to 80%. 💛 Increased Engagement: More card swipe rates have risen by 30% weekly. 💛 High Footfall: The cafes see up to 450,000 customers weekly, offering brands a significant audience. 💛 Average Dwell Time: Customers spend an average of 30 minutes in the cafe. 💛 Pre-Shopping Visits: 65% of customers visit the cafe before shopping in the supermarket. 💛  New Media Opportunities: Over 20 media touchpoints available, including: Window vinyl panels Full-length floor stickers and Digital order points The evening couldn’t have gone ahead without the efforts of the Leeds Kirkstall colleagues and also April Clements Becky W. Jack Nicholls Amy Mosley Dan Jones Amanda Bessant and Tropicana Brands Group. This transformation of the Morrisons cafes not only enhances the customer experience but also provides a valuable platform for brands to connect with shoppers in a meaningful way. If you have specific questions about the media channels and opportunities available at Morrisons, please email hello@morrisonsmediagroup.co.uk. #MorrisonsCafe #Morrisons #MMG #Mediapartnerships #Retailmedia

Big news from the retail world! John Lewis & Partners is expanding its collaboration with Caffè Nero, bringing branded cafés to selected department stores and supermarkets. The first five cafés have already launched in Waitrose & Partners locations across #Billericay, #Godalming, #Keynsham, Locks Heath, and #Stroud, with a new opening at the John Lewis store in White City, West London. Building on a partnership that started in 2021, this move goes beyond the free hot drinks loyalty perk - customers can now enjoy freshly prepared coffee from expert baristas and a relaxed space to unwind during their shopping trips. Charlotte Di Cello, Waitrose Commercial Director, shared: “Our stores are hubs for local communities across the country, and we know our customers love having the option of enjoying a coffee, snack, or meal after their shop.” Source: https://lnkd.in/eJvvwKrr #Retail #CustomerExperience #Innovation #Partnerships #Coffee

Looks like just coffee, right? Maybe even better coffee out there (TBD)—but #Starbucks has a fascinating backstory. ☕️ When Starbucks opened in 1971, it was just a coffee bean and spice retailer inspired by #PeetsCoffee. But in time, it grew into one of the most recognizable brands globally by doing three things well: 1. Start Strong: Starbucks built its reputation on quality beans and expertise before expanding. In business, a clear focus and commitment to quality build credibility and loyalty. 2. Adapt to Trends: When Howard Schultz saw Italian coffee bars, he recognized a unique opportunity for the U.S. By staying tuned to emerging trends, businesses can evolve with their market. 3. Embrace Change: Shifting to a café model wasn’t the original vision, but it led to incredible growth. Sometimes, big changes reveal big opportunities. Take a page from #Starbucks: Build strong, adapt smart, and don’t fear the pivot! #BusinessLessons #citygreen #network #clients #commercial #designinstall #services #coffee #atlanta #georgia #tennessee #nashville #Chattanooga #residential #design #install #landscape #land

John Lewis is expanding its collaboration with Caffè Nero with the launch of five cafés in Waitrose locations in Billericay, Godalming, Keynsham, Locks Heath, and Stroud with more on the way. #Retail #RetailNews https://lnkd.in/eJvvwKrr