Retail Archives | Page 4 of 33 | CREtech

Ask anyone who runs a fulfillment/warehouse robotics company what companies’ top motivation is for embracing automation and they’ll probably cite labor shortages or shipping speeds. The looming truth of the matter boils down to one word: Amazon. And while it’s true that smaller businesses are feeling the worst crunch, no one is immune to the online retailer’s dominance. Not even Walmart.

When Robert Reffkin started his first business in high school, as a DJ, he offered customers a guarantee. They got as many as 20 requested songs or their money back. Years later, he said he applied that same approach to the management of Compass, a real estate technology company he founded in 2012.

Whether you own or manage commercial properties—or work with investors looking for healthy returns—you understand the need for an open, transparent relationship with tenants. Data from the U.S. Bureau of Labor Statistics, going back more than 25 years, shows that only about 45–50 percent of private-sector businesses survive their first five years of operation, regardless of the economy. Busi...

With coronavirus pandemic conditions easing in the U.S. but the future of shopping malls still uncertain, mall owners are constant...

As the U.S. hospitality industry rebounds from pandemic closures, former hotelier Sam Nazarian is moving into the food-hall business, marrying the traditional dine-in model with delivery-only “ghost kitchens” in hopes o...

From fitness classes to social events, there are many ways to delight tenants at your properties. But as companies turn to remote and hybrid working models, it can be hard to reach them in the first place! Enter Lane Perks, a web and mobile solution that puts savings at your tenants’ fingertips. With Lane Perks, you can reach your tenants whether they’re in the office or not — and make th...