Northern Tool + Equipment’s Post

Decisions which you make are crucial factors in your success rate. I saw a post and had to share my thoughts... One of the things I love the most about Gymshark is their consistent growth in revenue, and the deliberate pace of their expansion. This is down to the leadership team's wise decision making and timely execution. 🚀 It's a crucial factor in every business's success! Although they could have rapidly expanded throughout the UK and US, they've chosen to lay a solid foundation before pushing for growth. Great work by Ben Francis MBE and his incredible team 👏 Long may their journey continue 🚀 → How have you build your business? → Are you following a similar strategy?

I was saving my yearly LinkedIn post for my 3 year anniversary in a few weeks, but today’s launch of Brooklyn Storehouse is a far more exciting milestone (first iconic, stateside partnership- watch this space!). Joining Vibration Production in 2021 at the tail end of the pandemic seemed like a crazy risk to anyone looking in at the time (and many told me as much!). Having forged my career in the comfort of big international corporates, moving into event production, heading up a finance function and being tasked with a complete overhaul/creation/imbedding of all processes and a commercially driven team was a big move away from my comfort zone but little did I know, it was going to be much more than that original job description. Best. Move. Of. My. Life. What Broadwick has given/taught me: -Collaboration; not cold hearted competition. -Good Ideas are given a fighting chance. -No one worth knowing is going to take credit for your hard work. -No one is claiming to know it all or have all the answers. -Partners that share our vision fuel us, those that don’t get it, fuel us too! -You need the tiny details to form the bigger picture (always been my mantra but now reinforced daily!). -If you can’t be unapologetically yourself, you’re not in the right place. -Working with people that push and inspire you, will be your greatest education. -And so, so, so much more. Thank you for believing in me, trusting in me and holding me to the highest standard. If giving it your all, being highly adaptable and being fully invested isn’t for you, then Broadwick won’t be. It’s more unbridled passion, inspiring ways of thinking and delivering these to the highest standard across MUSIC•CULTURE•SPACE.

It's challenging to be a retail tenant these days... Vacancy is at 7.9% across #northwestarkansas and it's much lower than that in the "prime retail" pockets - West Bentonville, West Rogers/Pinnacle, and North Fayetteville. If a business needs a drive-thru, there's going to be multiple offers to lease the same space and the owner will be juggling lots of different variables in evaluating which is the right deal. We recently helped a national restaurant tenant secure a drive-thru space when they were up against 5 other offers in Bentonville. If you or someone you know would like more information on the #NWAretailmarket, we would love to be a resource. #retailrealestate #tenantrepresentation

As we focus on the opportunities & threats of AI, I'm appreciating more than ever my (human) relationships, especially with colleagues who are part of my 'corporate history'. People that you've worked with for years, even if those 'years' were a while ago, still know you in a deeper way than your new connections. Thanks Vanessa Austin for bringing back memories of fun times & continuing to share your entrepreneurial journey. #relationshipbuilding #entrepreneurship

📽 Check out the video! NOW OPEN: Dollar General in Batavia/Williamsburg OH (Cincinnati MSA) Investment Highlights: -Price: $2,595,000 | Cap Rate: 6.87% (7.21% Blended Yield) | 108% Return of Capital via Investment Grade Corporated Guaranteed Lease -Brand New 2024 Market Prototype | 12,480-SF on a Large 2.77-AC Parcel | 1 of 129 Relocated Stores in 2023 | Prior Store was top 8% according to Placer.ai -Proven Top Location | Due to Success in the Market, DG Expanded its Footprint and Relocated Next to Prior Location -15-Year Absolute NNN Lease with Rare 5% Rent Increases Every 5-Years and in The 3, 5-Year Option Terms -Tenant is Responsible for Insurance, Taxes, Interior, Exterior, Including Roof, HVAC and Parking Lot -Boasts High Visibility Along a Main Thoroughfare | Two Access Points and Exposure to 10,200+ VPD -Proximity to a Dense Industrial Corridor, Which Includes Major Employers like Nestle-Purina Pet Food Plant, General Electric Aerospace, Huhtamaki Packaging, with an Estimated 800+ Employees -In 2020, Nestle-Purina PetCare Announced Plans to Build a $550M Facility within 3-Miles of Subject Property by 2024, Adding 300 Jobs | Proximity to Williamsburg High School, and Both Batavia Elementary and High School with 2,480+ Total Students & Teachers Combined -Historical Significance: Williamsburg was the First County Seat, Founded in 1796 | Williamsburg is Located 35 Minutes East of Downtown Cincinnati in Clermont County, One of Fastest Growing Counties in Tri-State Area -Strong Demographics: Population Exceeds 33,700 Within 10 minute drive-time and growth to continue, +3.50% through 2027. #marcusmillichap #cre #stnl #1031exchange

Yet another #onlineretail giant opting to go "physical". It's further evidence of the demand from consumers for an in-store shopping environment, and also demonstrates the value of experience in #retail. This is such encouraging news for the future of #retail and #retaildestinations. #retailintelligence #retailinsights #consumerbehaviour #highstreets #shoppingcentres #retailparks #tri2024 Rendle Intelligence and Insights

Macy's might close its big store in San Francisco's Union Square. This could happen in 2025 or later as part of their plan to shut down some stores that aren't doing so great. They want to focus on making the stores they keep even better and opening smaller ones. Macy's has been trying to keep up with shoppers who want different things now and areas where it's tough for stores to do well. They're planning to close about 150 stores by 2026, but they'll keep about 350 open and make them nicer. In the real estate biz, we often see similar challenges and changes. At Cudd Realty, we're all about helping small businesses and our community in North Texas. When big retail stores like Macy's change their plans, it can make new opportunities for local businesses and real estate. That's where we can help figure out what's best for everyone. Thinking about how changes in the retail world could open up new real estate chances? Wanting to get the inside scoop on how it might impact your plans? Reach out and let's have a conversation about what's happening and where you could fit in. Call or text me, Michael Cudd, at 940-595-0138. Let's turn change into an opportunity together. #CuddRealty #NorthTexasRealEstateNews #RetailChanges #CommunityGrowth #RealEstateOpportunities

I recall a situation many years ago when I was asked to bid on a large remodel job. While measuring the space, I learned that the homeowner owned a small brick-and-mortar store selling XYZ in a small town. I was surprised at his plans for a significant remodel, especially since a big box store, a direct competitor, was under construction just eight miles away. When I asked if he was worried about losing business to this new store, he was completely unaware of its existence. Ultimately, he postponed the remodel, and his store closed within a year of the big box store's opening. This experience underscores the importance of being aware of your competitive landscape. Being aware of your competitive landscape is crucial for business survival and growth. Regular market research helps you understand competitors’ strengths, weaknesses, and strategies. Engage with your customers for direct feedback on how you compare to others. Attend industry events and subscribe to newsletters for insights into emerging trends and new competitors. Stay involved with your community through social media to monitor any activity. Encourage continuous improvement within your team to stay adaptive. By staying informed and proactive, you can anticipate changes, mitigate risks, and seize opportunities to maintain a competitive edge. #BusinessStrategy #MarketResearch #CompetitiveAnalysis #CustomerFeedback #IndustryTrends #StayInformed #ProactiveBusiness #ContinuousImprovement #BusinessGrowth #CompetitiveEdge #AdaptToChange #CommunityEngagement #BusinessAwareness #SmallBusinessTips #EntrepreneurLife

#Macy's #SanFrancisco and other closings are the end of the 1950s postwar era of #downtown #shopping targeted at mostly middle-class white urban customers. Today, #cities are more #multicultural, #diverse and #global but our #retailers are trying to extend the 1950s business models, despite #Walmart, #Amazon and specialty shops. Retailers and downtowns need to reimagine and reinvent themselves for young people who usually drive city development. FYI, I'm an urban planner. https://lnkd.in/gamSRYC2

Macy's might close its big store in San Francisco's Union Square. This could happen in 2025 or later as part of their plan to shut down some stores that aren't doing so great. They want to focus on making the stores they keep even better and opening smaller ones. Macy's has been trying to keep up with shoppers who want different things now and areas where it's tough for stores to do well. They're planning to close about 150 stores by 2026, but they'll keep about 350 open and make them nicer. In the real estate biz, we often see similar challenges and changes. At Cudd Realty, we're all about helping small businesses and our community in North Texas. When big retail stores like Macy's change their plans, it can make new opportunities for local businesses and real estate. That's where we can help figure out what's best for everyone. Thinking about how changes in the retail world could open up new real estate chances? Wanting to get the inside scoop on how it might impact your plans? Reach out and let's have a conversation about what's happening and where you could fit in. Call or text me, Michael Cudd, at 940-595-0138. Let's turn change into an opportunity together. #CuddRealty #NorthTexasRealEstateNews #RetailChanges #CommunityGrowth #RealEstateOpportunities