Tanger’s Post

I recently spoke with Tracy Alloway and Joe Weisenthal on an episode of their Bloomberg Odd Lots podcast to discuss the strategy behind selecting prime retail #realestate in a landscape that’s seeing record low vacancies and increased utilization of omnichannel avenues. Listen to our conversation here https://bit.ly/3Ovy323 around the importance of physical #retail in communities, how retailers are prioritizing consumers through location strategy, and other industry trends.

🔥 𝐍𝐞𝐰 COMMERCE TALKS PODCAST SERIES 𝐆𝐂𝐂 𝐄𝐩𝐢𝐬𝐨𝐝𝐞 𝐀𝐥𝐞𝐫𝐭: 𝐄𝐗𝐂𝐋𝐔𝐒𝐈𝐕𝐄 𝐝𝐢𝐬𝐜𝐮𝐬𝐬𝐢𝐨𝐧 𝐰𝐢𝐭𝐡 Aurélien أوغيليان Cuellar كويلار, 𝐭𝐡𝐞 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐚𝐧𝐝 𝐎𝐦𝐧𝐢𝐜𝐡𝐚𝐧𝐧𝐞𝐥 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐃𝐢𝐫𝐞𝐜𝐭𝐨𝐫 𝐚𝐭 Chalhoub Group! 🎙️ Join Alexander and me as we delve into the nuances of running eCommerce brands in the luxury segment in the Middle East. 🔗 Dive deep into our conversation here: https://lnkd.in/gaHjz3wb Key Points: 🔹 𝐎𝐦𝐧𝐢𝐜𝐡𝐚𝐧𝐧𝐞𝐥 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 - Explore the importance of a robust omnichannel approach that seamlessly integrates digital and physical retail, enhancing the overall customer experience in the Middle East. 🔹 𝐋𝐨𝐜𝐚𝐥𝐢𝐳𝐞𝐝 𝐞𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐞 - Success in the Middle East demands tailored business strategies. Aurélien highlights the need for marketing and operations to adapt to the cultural nuances and consumer behaviors specific to the region. 🔹 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 - Strategic updates of ERP systems and the integration of AI are crucial. These technologies drive efficiency and are transforming traditional retail operations at Chalhoub Group. 🔹 𝐂𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐂𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 - Understanding local languages and cultures is critical. This cultural competence impacts marketing effectiveness and builds deeper consumer relationships, fostering brand loyalty. 🔹 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬 - Chalhoub Group’s success is also leveraged through strategic partnerships, like those with LVMH, combining resources and expertise to enhance both reach and operational capabilities in the region. This episode is packed with insights and firsthand experiences for anyone in luxury retail, especially those looking to excel in the Middle Eastern market. Are you adapting your retail strategies to the cultural contexts of your markets? How are you integrating technology to enhance your customer’s experience? Dive into the episode for a deeper exploration of these questions and more. #EmerceConsulting #EcommerceStrategy #RetailInnovation #DigitalTransformation #MiddleEastRetail #TechnologyInRetail #OmnichannelRetail

💦 New #retailreality Episode 💦 Meet Kevin Breese - the retail maestro, from the high fashion halls of DOLCE&GABBANA to the sustainable shores of waterdrop®. With stops as the Head of Retail at Nespresso UK and Neals Yard Remedies, Kevin's journey is less a career path and more a victory lap across the #retail world. 🏆 This week, The Retail Reality Show - with Nino Bergfeld & myself - get up close and personal with Waterdrop’s secret weapon. The BIG Question: How Do You Make Water Cool? 💧 Imagine convincing the world that the essence of life, something as ubiquitous as water, could be... cooler. Founded in 2015, Waterdrop has done just that, turning hydration into a lifestyle with >2 million customers diving in. 🌍 But it’s not just about being cool. It’s about being #green. Reducing plastic, promoting #wellness, and splashing into the sustainability pool with both feet. And let’s not forget the retail revolution - a blend of personalization, experiential shopping, and loyalty programs that’s making traditional retail look like it’s stuck in the mud. 🌱 Retail Renaissance or Nespresso 2.0? Kevin spills the tea, or should we say water, on waterdrop®’s retail philosophy. Think of their stores not just as shops, but as hydration havens, community centers, and personal wellness hubs rolled into one. Learn how they're pioneering the future of retail with partnerships, personalization, and a dash of digital brilliance, ensuring that every sip is a step towards a healthier planet. 🌐 Listen now to the podcast! RETAIL REALITY SHOW LINK IN COMMENTS Spotify, Apple, etc. #newretail #expansion #waterdrop #omnichannel Thomas Heimer, Nino Bergfeld, Franziska Johne

Find out the practises that the Freddy team rate as making a huge impact. 🛍️ https://lnkd.in/g9k3b2Vd #addtocart #addtocartshow #businesspodcast #JoelAzzopardi #Freddy #FreddyAustralia # retail #onlineshopping #ecommerce #ecommerceAustralia

How is the role of a store evolving? Will megastores give way to small ones with a more intimate experience? Will A locations go up in value while B and C ones decline? Will the store experience include a common theme engaging all senses? here are some really interesting insights from the leaders of #retail on #retailtrends and #retailinnovation. https://lnkd.in/eJz6SgBT

"It's usually not good news when a mall loses an anchor.." Macy's new CEO Tony Spring commented on the recent news of plans to close up to 150 stores because they were built "for a different era". This podcast with Retail Dive's Cara Salpini was full of great insights and discussion. I've linked to the article, podcast, and an inside look at a store closing below. 👉Here are a few of the conversational insights that really jumped out at me.👈 There were really two eras of the department store: In the 19th century these stores were located in a mid- or downtown prominent address, in a nice building with intentional architecture, and shopping was an experience and a destination not a transaction. This gave way to the plethora of mall developments as downtowns were neglected as a shopping destinations, cars in suburbia proliferated and malls with department stores as their anchors multiplied. But there were too many malls built for that era and too many department stores. The current Macy's strategy may involve a pivot towards investing in off price business and new small format stores, as well as higher end Bloomingdale's, - like a barbell approach. The middle retailer and brand appears to be downsizing, just as the American middle class is shrinking. Departments of the department store have counterparts in the mall, and if you are going to a mall you are likely going to many of the specialty retailers and not necessarily buying a number of different items across categories. If you are, you may be thinking about competitors such as Target or Walmart instead. Department stores in general may have at least partially missed out on the promise of nicer displays, interesting and engaging merchandising, better customer service, and immersive experiences. But there is a big opportunity here: the small format may be able to raise the bar on more thoughtful, themed merchandising experiences. Innovations like the Story store in Chelsea could become more scalable and successful. By partnering with retailers who are evaluating new plans for new formats, new strategies for new demographics, and new immersive experiences tied to innovative merchandising with #retailanalytics and our ecosystem partners, we are positioned to help. I am personally looking forward to seeing how we can help this industry evolve into the third era of innovation in #retail. RetailNext https://lnkd.in/g8D-rA8e Podcast here: https://lnkd.in/gccApX5G Store closing: https://lnkd.in/gVHWZz_T

Paul highlights a very insightful observation from then vs now, emphasizing how the retail landscape has changed. It's crucial for retailers to embrace new formats and strategies to meet the evolving needs of consumers. I am excited to witness the industry's transformation with #retailanalytics. From a recent article I stumbled across, I see that Best Buy looks to be adopting the same strategy, along with major retailers like Nordstrom, Target, Khol's, and even IKEA. https://lnkd.in/g3ESUUZY

SAUDI BUZZ     FOOD DELIVERY UNDER THE SPOTLIGHT!!! The convenience of online shopping continues. With A CAGR of 15,76% over the next 4 years is impressive, however this is bound to have an impact on bricks and mortar stores. Those that embrace the shift and take the technological opportunity of investing into Omnichannel Operations will reap the rewards. #omnichannel #ksa #fooddelivery #technology #scaling #sme #onlineshopping #ecommerce Middle East Advisory Partners https://lnkd.in/drAtXm_x

🎧 The latest episode of Leaning In is here! Listen at the link below. In anticipation of ICSC Las Vegas this May, we're thrilled to have Tom McGee, President and CEO of ICSC, for this episode on the future of retail. "Good real estate always finds its purpose," says Tom. “Even malls that their best purpose may not be retail, they're generally well-positioned for some other utilization. So, I’m not one that buys into this whole demise of mall narrative.” Additional topics covered: ✨ Current trends in leasing demand, space utilization, and transaction activity ✨ The resilience and evolution of malls ✨ Adapting to changing consumer needs across generations ✨ Innovative strategies in omnichannel and AI ✨ ICSC Foundation's support for rising industry talent

In the latest episode of the Total Retail podcast, Greg Elder, chief retail officer at L.L.Bean, describes how the brand delivers an omnichannel experience through its brick-and-mortar stores. Leveraging Aptos' POS and OMS, L.L.Bean has introduced significant new omnichannel capabilities, which Greg describes in-detail in this podcast. According to Greg, the results have been "exceptional" with far-reaching benefits across customer experience, inventory productivity, ROI and more. Listen here: https://bit.ly/3rgf2IL