The Palm Beaches’ Post

The Forum in Lafayette is shaping up to be a premier luxury shopping destination, and we’ve identified the top 5 things we love most about it! From upscale retail options to its prime location, there’s so much to admire. What stands out to you about The Forum? And what new business would you like to see there next? Visit theforumlaf.com to learn more. #TheForum #LafayetteLouisiana #LafayetteBusiness #LafayetteCommercialRealEstate #KeatyRealEstate #Always110

The introduction of American (and European) luxury brands could be one of the solutions to the rebirth of Canadian shopping malls, but it may not be the only one. Here's why: 𝐀𝐩𝐩𝐞𝐚𝐥 𝐭𝐨 𝐖𝐞𝐚𝐥𝐭𝐡𝐢𝐞𝐫 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫𝐬: American luxury brands like Sephora, Coach and European Boutiques like Louis Vuitton, can attract affluent shoppers to Canadian malls, which might revitalize high-end retail areas. This strategy has worked for some malls, such as Yorkdale in Toronto, where the presence of luxury brands has transformed it into a destination shopping spot. 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐭𝐢𝐚𝐥 𝐒𝐡𝐨𝐩𝐩𝐢𝐧𝐠: Malls need to offer more than just products—they need to create experiences. Luxury brands often provide a high-end, personalized shopping experience, which can draw people into physical stores despite the ease of online shopping. 𝐓𝐨𝐮𝐫𝐢𝐬𝐦 𝐌𝐚𝐠𝐧𝐞𝐭: High-profile luxury brands can attract international tourists, particularly from the U.S. and China, who are familiar with these names and seek out those products when they travel. However, luxury brands alone might not fully solve the problem. A broader strategy that includes diverse retail offerings, entertainment (e.g., cinemas, dining experiences), and mixed-use spaces (integrating workspaces, residential units, and cultural venues) may be necessary. Canadian shopping malls need to adapt to changing consumer preferences, such as the rise of e-commerce and the desire for community spaces. Are you looking for your next #CRE Investment or Leasing space? Contact me; Allan H. Lunenfeld, LL.B., Broker | ahl@sympatico.ca Royal LePage Commercial Real Estate Royal LePage Pro Alliance Realty https://lnkd.in/gY-fA2Ji #CommercialRealEstate #CanadianRealEstate #commercialopportunities #belleville #investmentrealestate #quinterealestate

Harrods - the traditionally British luxury department store is diversifying into new areas, both in terms of location and also, the products and services they deliver to customers. The Knightsbridge-based store will be launching its first private members’ club in Shanghai later this year. They will be offering the finest hospitality experience for consumers who desire the quintessential English touch. This comes in the wake of a sluggish global economy, where spending on luxury items is down in most regions but interestingly, not in China, where sales have increased twofold in most luxury brands in 2023. Going beyond traditional territories and reaching new audiences to grow their brand in a different direction, may be something many companies are considering in 2024 and we can help. At 7th Sense, we excel in helping brands better understand high net worth and niche audiences. We know luxury and have a proven track record in helping to shape customer experiences. You can find out more about us here: https://lnkd.in/eweNuYK4 #emergingmarkets #Globalretail #luxury #retail #marketresearch #mrx

Harrods - the traditionally British luxury department store is diversifying into new areas, both in terms of location and also, the products and services they deliver to customers. The Knightsbridge-based store will be launching its first private members’ club in Shanghai later this year. They will be offering the finest hospitality experience for consumers who desire the quintessential English touch. This comes in the wake of a sluggish global economy, where spending on luxury items is down in most regions but interestingly, not in China, where sales have increased twofold in most luxury brands in 2023. Going beyond traditional territories and reaching new audiences to grow their brand in a different direction, may be something many companies are considering in 2024 and we can help. At 7th Sense, we excel in helping brands better understand high net worth and niche audiences. We know luxury and have a proven track record in helping to shape customer experiences. You can find out more about us here: https://lnkd.in/e4YubzZi #emergingmarkets #Globalretail #luxury #retail #marketresearch #mrx

How is the anatomy of Flagship retail stores changing? Here's a sketch that best demonstrates how luxury brands are developing new models and new ways to access to their worlds. Goodbye flagships and hello Landmarks. A multi-tiered model is emerging as the new normal as these luxury brands look to showcase the very best they have to offer. From accessible luxury for all to inclusive design, new ways to increase dwell time like brilliant restaurant collabs, community and culture projects, exclusive personal and VIP events. Retail is re-inventing itself like never before and when you take deep dive its a really exciting time.

✨ Sparkle & Sell: The Secret Weapon of Luxury Retail ✨ Forget dusty shelves and grimy floors! In the world of luxury retail, a pristine environment is the key to a thriving business. ✨ Imagine stepping into a store that gleams - flawless displays, sparkling surfaces, an air of effortless elegance. That's where the magic happens. But it's not just about appearances. A clean store boosts employee morale too! A happy team equals exceptional customer service, making every visit unforgettable. Here's the win-win: Let the experts handle the cleaning! Focus on what you do best - dazzling customers with impeccable service and products. 🧽 ✨ ✨ ✨ ✨ ✨ ✨ ✨ ✨ ✨ ✨ #RetailCleaning #CommercialCleaning #BusinessClean #CleanBusiness #cleaninghacks #costeffectivesolutions #outyoursourcing #businesscleaning #retailsuccess #happycustomers #employeewellbeing #growyourbusiness #LuxuryRetail #RetailMagic #EffortlessElegance #CustomerExperience #CleaningExpertise #ShopLuxury #highstandards

As a supporter of Sunday openings in the German retail sector, I see significant potential for positive transformation, particularly in cities such as Berlin, Munich, Hamburg, Düsseldorf, or Frankfurt. In the consultancy-intensive luxury industry, Sunday opening could be a pivotal development. In these metropolises known for their vibrant urban lifestyles and discerning consumers, the option to shop on Sundays could make a substantial contribution to revitalizing the retail sector. Specifically in the luxury industry, where consultation and the shopping experience are paramount, the open Sunday might provide an additional opportunity to engage customers and fulfill their needs. The presence of high-end boutiques and exclusive stores in these cities creates an ideal environment for Sunday shopping experiences that go beyond mere transactions. It could not only allow customers to browse and purchase at their leisure but also highlight personalized consultation and social interaction. Overall, the concept of Sunday opening shouldn't be viewed solely as an economic measure for boosting revenue but as an opportunity to reshape the retail landscape in a contemporary and customer-centric manner. It is hoped that in the future, the benefits of Sunday opening, particularly in sectors like luxury, will be more strongly considered. What are your thoughts and experiences on this potential shift in the retail paradigm? How do you perceive the idea of Sunday openings, especially in cities with a strong presence in the luxury industry? #SundayShopping #LuxuryRetail #RetailRevitalization #UrbanLifestyle #ShoppingExperience #ConsumerEngagement #RetailInnovation #CityCommerce #LuxuryConsultation #FutureOfRetail #SonntagsShopping #LuxusEinzelhandel #EinzelhandelRevitalisierung #Stadtlebensstil #Einkaufserlebnis #Kundenbindung #EinzelhandelInnovation #StadtHandel #LuxusBeratung #ZukunftDesHandels

As a Luxury Advisor at Windermere, we enjoyed doing a deep dive on the luxury market, the evolving personas, market needs, and the tools we have to better serve the market. That being said, whether you are in the luxury segment or not, our goal is to provide the same level of service across. Also, there is some fun data in the slides I show in the reel. #leadingrealestatecompanies #lpi #luxuryportfoliointernational #luxuryadvisor #KarishmaKiri #DhilipGopalakrishnan #thek2grouprealestate #beintheknow #realestatemarket #housingmarket #eastside #bellevuerealestate #redmondrealestate #issaquahrealestate #sammamishrealestate #redmondrealestate #kirklandrealestate #windermere #datageeks #realestate #realtor #luxuryadvisor #WindermereYarrowBay #AllInForYou #WeAreWindermere

📄 Read the Global Luxury Retail Outlook: http://savi.li/6048YmRXQ Over the last eight years of tracking and analysing luxury store expansion globally, we have seen the customer become absolutely central when it comes to real estate strategy. 🗣️ Marie Hickey, Director - Commercial Research, shares the key points to expect in our latest outlook - particularly: 🛍️ New openings and what they mean for luxury real estate 💭 The headwinds being faces 📍 where brands are focusing ... and more What about the future? What are the cities with the local fundamentals to appeal to expansive luxury brands? We try to answer these questions, looking at future market size and affluence relative to current luxury provision across some of the 🌍 world’s biggest cities to highlight those markets relatively underserved. anthony selwyn #Retail #LuxuryRetail #RealEstate

Why Luxury Brands are a Must for Every Retail Space There are certain things that every shopping centre should have. For starters, they need an anchor tenant (think SPAR, Shoprite, Pick n Pay or similar). Depending on the size of the centre, the tenant mix should also include smaller tenants whose product offerings work together to meet as many shopping needs as possible. While luxury brands are not traditionally seen as must-haves, they do especially well in South Africa and will add a certain kind of clientele to your foot traffic. 3Cube Property Solutions investigates the benefits that luxury brands can bring to a shopping centre. Read the full article on our website here 👇🏼 https://lnkd.in/ejdJcqXR Also, visit our website to view our current property listings: www.3cubeproperty.co.za A world-class property brokerage. #article #LuxuryBrands #Retail #RetailBusiness #CommercialProperty #IndustrialProperty