The Future of Retail

It is no secret that retail is dying, and the biggest problem retailers have today is themselves. They want to do things the old way. The way that used to work. Lower prices are a race to the bottom. To bankruptcy. You can't out-Walmart Walmart or out-Amazon Amazon. So what do retailers need? Engagement. Think [...]

By |2018-08-16T08:08:51+00:00August 17th, 2018|Brand, Marketing, Retail|Comments Off on The Future of Retail

Reframing Neighborhood

The real estate appraisal industry, like most industries, is stuck in old thinking. Perhaps the worst of this thinking is the term and concept of Neighborhood. Most people correctly understand neighborhood as a collection of homes and perhaps businesses near their homes. Google images of neighborhood and you get what most people imagine a neighborhood [...]

By |2017-10-24T09:12:21+00:00October 24th, 2017|Change, Industrial, Market, Office, Real Estate, Residential, Retail|Comments Off on Reframing Neighborhood

A Little Quiz

Picture this: Two side-by-side five-acre interior (not corner) lots with 500 feet of frontage. The lots are located on a major highway and are improved with two identical steel frame and masonry buildings, 100,000 square feet in size with 32 foot ceilings. One building is zoned for retail use, suitable for occupancy by a "big [...]

By |2017-07-18T09:17:48+00:00July 18th, 2017|Industrial, Real Estate, Retail, Value|Comments Off on A Little Quiz

The Small and Cheap are the Hard and Expensive

Why is your fee so high? It’s just a little pizza parlor. On a corner. In the middle of a residential neighborhood. It is only assessed for $125,000. Because it is very difficult to appraise. Often the small and the cheap are the hard and expensive. So let’s compare the pizza parlor to a 100,000 square [...]

By |2014-01-07T16:35:36+00:00January 7th, 2014|Business, Productivity, Profitability, Real Estate, Retail, Small Business, Value|Comments Off on The Small and Cheap are the Hard and Expensive

The Amazon of Pants

Online retailer Bonobos, not to be confused with the eponymous simian, wants to be the Amazon of Pants. Men's pants, specifically. [I perused the Bonobos website. They indeed have a wide variety of men's pants. If you live in the West Village. Of if you are built like Adam Scott. The actor or the golfer, take your [...]

By |2013-07-31T09:18:32+00:00July 31st, 2013|Business, Creativity, Customers, Humor, News, Retail, Success, Tech, Time Management|Comments Off on The Amazon of Pants
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