Where We Buy: Retail Real Estate with James Cook

Anne Mezzenga from Omni Talk joins James for a discussion about expanding retailers such as Five Below, Harbor Freight Tools, Burlington, Ulta, and Netflix House. They talk about innovative store concepts and technologies being implemented by H&M and Schnucks and touch on the economic implications of these trends and the importance of experiential retail to attract consumers.

James Cook is the Director of Retail Research in the Americas for JLL.

Subscribe: Apple Podcasts | Spotify Listen: WhereWeBuy.show

Email: [email protected]

Watch our video show, Everything We Know About Retail: http://everythingweknow.show/

Leave a message on the Where We Buy hotline. We may use it on an upcoming show. Call (602) 633-4061

Read more retail research here: http://www.us.jll.com/retail

Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.

Jorge Barragan and Austin Wood are co-founders of The Picklr, an indoor pickleball chain. Discussing the sport's burgeoning popularity and demand, they share how The Picklr has sold 311 franchise locations in the U.S. and plans international expansions. They talk about their franchise model, the impact of the pandemic on the sport, partnerships with celebrities like Drew Brees, and the unique community and competitive aspects of their facilities.

James Cook is the Director of Retail Research in the Americas for JLL. Keisha Virtue is a Senior Research Analyst for JLL.

Subscribe: Apple Podcasts | Spotify Listen: WhereWeBuy.show

Email: [email protected]

Watch our video show, Everything We Know About Retail: http://everythingweknow.show/

Leave a message on the Where We Buy hotline. We may use it on an upcoming show. Call (602) 633-4061

Read more retail research here: http://www.us.jll.com/retail

Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.

James Cook is joined by Sucharita Kodali, VP and Principal Analyst at Forrester to talk about five significant trends impacting the retail sector. They discuss consumer confidence amidst low unemployment and high inflation, the role of artificial intelligence in retail, the current state of the luxury market, and the potential merger between Saks and Neiman Marcus. They also explore the implications of political uncertainty on consumer spending, and the recent impact of the CrowdStrike software failure on retailers.

James Cook is the Director of Retail Research in the Americas for JLL.

Watch the video version of this episode: https://youtu.be/XlIqt1GiUVk

Subscribe: Apple Podcasts | Spotify Listen: WhereWeBuy.show

Email: [email protected]

Watch our video show, Everything We Know About Retail: http://everythingweknow.show/

Leave a message on the Where We Buy hotline. We may use it on an upcoming show. Call (602) 633-4061

Read more retail research here: http://www.us.jll.com/retail

Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.

Tim Murphy, CEO of Boomers Parks, delves into the operations, challenges, and growth of Boomers Parks' family entertainment centers (FECs) and water parks. The discussion covers Murphy's extensive background in the entertainment industry, the evolution and modernization of Boomers Parks' offerings, and the significance of understanding demographic needs. Murphy also shares how Boomers Parks has adapted its business model for growth through franchising, consulting, and management agreements, while also enhancing their online presence and updating their facilities to attract and retain visitors.

James Cook is the Director of Retail Research in the Americas for JLL.

Subscribe: Apple Podcasts | Spotify Listen: WhereWeBuy.show

Email: [email protected]

Watch our video show, Everything We Know About Retail: http://everythingweknow.show/

Leave a message on the Where We Buy hotline. We may use it on an upcoming show. Call (602) 633-4061

Read more retail research here: http://www.us.jll.com/retail

Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.

Katie Grissom is the Head of Retail and Mixed-Use, Americas at Nuveen. She explains the company's retail investment strategy, emphasizing the importance of understanding consumer behavior. Katie points out the evolving demands of millennials, the significance of convenience culture, and the potential impacts of Gen Z's burgeoning buying power. Real-life examples of successful retail environments, such as Specialty Shops SouthPark in Charlotte and a Whole Foods-anchored center in Franklin, Tennessee, are used to illustrate her points. The conversation also touches on the balancing act between upscale and value retail, and the future considerations for retail in the face of changing consumer habits.

James Cook is the Director of Retail Research in the Americas for JLL.

Subscribe: Apple Podcasts | Spotify Listen: WhereWeBuy.show

Email: [email protected]

Watch our video show, Everything We Know About Retail: http://everythingweknow.show/

Leave a message on the Where We Buy hotline. We may use it on an upcoming show. Call (602) 633-4061

Read more retail research here: http://www.us.jll.com/retail

Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.

Davon Barbour, President and CEO of the New Orleans Downtown Development District, discusses downtown New Orleans' vibrant retail, dining, and entertainment. Barbour elaborates on the the importance of public-private partnerships. He also highlights initiatives to support small businesses and attract new retailers, making downtown a hub for commerce and culture.

James Cook is the Director of Retail Research in the Americas for JLL.

Subscribe: Apple Podcasts | Spotify Listen: WhereWeBuy.show

Email: [email protected]

Watch our video show, Everything We Know About Retail: http://everythingweknow.show/

Leave a message on the Where We Buy hotline. We may use it on an upcoming show. Call (602) 633-4061

Read more retail research here: http://www.us.jll.com/retail

Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.

Toby Harris, President & CEO of State of Play Hospitality discusses his company's three innovative entertainment offerings: Flight Club, Hijingo, and Bounce. Flight Club combines darts with upscale hospitality and cutting-edge technology, making it accessible and fun for all. He also shares insights into the origins and expansion plans for Hijingo, a high-energy, immersive bingo experience, and Bounce, a ping pong-based concept. The episode covers site selection decisions for their venues, the high quality of food and beverages offered, and the company's future growth plans in U.S. and international markets.

James Cook is the Director of Retail Research in the Americas for JLL.

Keisha Virtue is Senior Research Analyst for Retail at JLL.

Subscribe: Apple Podcasts | Spotify Listen: WhereWeBuy.show

Email: [email protected]

Watch our video show, Everything We Know About Retail: http://everythingweknow.show/

Leave a message on the Where We Buy hotline. We may use it on an upcoming show. Call (602) 633-4061

Read more retail research here: http://www.us.jll.com/retail

Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.

Giuseppe Stigliano is co-author of the new book "Redefining Retail: 10 Guiding Principles of a Post-Digital World." With a Ph.D. in Marketing and Economics, he has co-authored influential business books with international guru Philip Kotler, such as 'Retail 4.0', 'Onlife Fashion', and 'Redefining Retail'. He highlights the necessity for retailers to adapt to changing consumer needs, the evolution towards an 'OptiChannel' strategy, and the role of new technologies such as AI in shaping the future of retail. Key insights include examples of successful retailer transformations, the blending of digital and physical retail experiences, and the importance of maintaining a human touch in an increasingly tech-driven world.

This episode also features:

• Barbara Cominelli, CEO Italy and EMEA Retail Markets Lead at JLL
• Naveen Jaggi, President of Retail Advisory Services at JLL
• James Cook, Director of Retail Research in the Americas for JLL

Links:

• Redefining Retail: 10 Guiding Principles for a Post-Digital World: https://www.wiley.com/en-us/Redefining+Retail%3A+10+Guiding+Principles+for+a+Post-Digital+World-p-9781394204700
• Giuseppe Stigliano's newsletter: https://giuseppesglimpse.substack.com/

Watch the video version of this podcast: https://www.youtube.com/live/SdD4Vj8YUzY?si=B9glQjG26CK2D9eJ

Subscribe: Apple Podcasts | Spotify | Google Podcasts Listen: WhereWeBuy.show Alexa: Say "Enable the Where We Buy skill"

Email: [email protected]

Watch our video show, Everything We Know About Retail: http://everythingweknow.show/

Leave a message on the Where We Buy hotline. We may use it on an upcoming show. Call (602) 633-4061

Read more retail research here: http://www.us.jll.com/retail

Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.

Bluhawk in Overland Park, Kansas is a 277-acre mixed-use development anchored by a massive indoor sports facility. The facility includes basketball courts, turf fields, and NHL regulation ice rinks, which will attract a significant youth sports crowd. Kent Price and Bart Lowen of developer Price Brothers talk about the vision behind Bluhawk, the types of retail tenants suitable for such a development, and how it integrates community, health, and commercial elements.

James Cook is the Director of Retail Research in the Americas for JLL.

Subscribe: Apple Podcasts | Spotify | Google Podcasts Listen: WhereWeBuy.show Alexa: Say "Enable the Where We Buy skill"

Email: [email protected]

Watch our video show, Everything We Know About Retail: http://everythingweknow.show/

Leave a message on the Where We Buy hotline. We may use it on an upcoming show. Call (602) 633-4061

Read more retail research here: http://www.us.jll.com/retail

Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.

James Cook and Keisha Virtue wanted to see to see how many celebrity restaurants they could visit in two hours on the Las Vegas Strip. In their research, they identified 361 celebrity restaurant openings in the past 5 years in the U.S. and Canada. These establishments not only boost tourism but also create a competitive edge in the competitive restaurant industry. Celebrity restaurants serve as major tourist attractions, particularly in popular corridors like Las Vegas Boulevard and Nashville's Lower Broadway. Celebrities leverage their recognition and large social media followings to drive customer attraction and compete with mainstream restaurants.

Watch a video of the Celebrity Restaurant Challenge: https://youtu.be/wcFd2LROIFs?si=sAwcWiaDRpv2t6aX

Read the full Celebrity Restaurant report for free:https://www.us.jll.com/en/trends-and-insights/research/celebrity-restaurants-report

James Cook is the Director of Retail Research in the Americas for JLL.

Keisha Virtue is Senior Research Analyst for Retail at JLL.

Subscribe: Apple Podcasts | Spotify | Google Podcasts Listen: WhereWeBuy.show Alexa: Say "Enable the Where We Buy skill"

Email: [email protected]

Watch our video show, Everything We Know About Retail: http://everythingweknow.show/

Leave a message on the Where We Buy hotline. We may use it on an upcoming show. Call (602) 633-4061

Read more retail research here: http://www.us.jll.com/retail

Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.