LAS VEGAS: Brick and mortar stores don’t need to worry about online retailers, they just need to join their ranks.

In 2012, online retail accounted for six percent of all retail sales, compared to traditional retail stores which accounted for the other 94 percent, said Marianne Wilson, editor in chief of Chain Store Age, at the “Retail: The Next Wave” panel here Sunday, citing numbers by Forrester Research.

“The other side of the coin is that it’s growing at a faster rate,” said Wilson of online retail, adding that Forrester is projecting an increase to nine percent by 2016.

By Holly Dutton
Maison Kayser is rising in New York.
The French gourmet bakery chain already has a 4,000 s/f retail store on 74th Street and 3rd Avenue, but the brand will be opening three more locations in the Midtown West and Flatiron neighborhoods, said Paul Berkman, co-head of NY retail at Jones Lang LaSalle, who represents Kayser.
“They’re going big,” Berkman told Real Estate Weekly at the ICSC REcon 2013 Conference in Las Vegas Monday afternoon. “They want to bring quality bread to America.”
The bakery and cafe serves a variety of French …

Ripco announces New Jersey expansion, Brookfield gives downtown retail the hard sell and deals get done on day two of REcon.

A cart-load of ingenious retail deals are being considered for New York’s Retail Deal of the Year.

Deliberations are underway for The Real Estate Board of New York’s (REBNY) annual contest to recognize the city’s top retail brokers.

The two awards, The Most Creative Deal in Manhattan and The Retail Deal Which Most Significantly Benefits the Manhattan Retail Market, honor the most inventive and noteworthy New York City retail deals of the past year.

The winners will be announced at the Retail Committee’s annual cocktail party on June 11, 2013 at the 101 Club.

Hong Kong is the world’s hottest retail market, attracting significantly more new entrants than any other city, according to the 2013 edition of How Global is the Business of Retail? by global property advisor CBRE.
The city saw 51 new retailer entries from all sectors – not just high-end fashion brands. The new entrants were principally from Europe, but also from the U.S., Japan and Korea.
U.S. retailers are by far the most aggressive when expanding store networks globally. They are increasingly targeting the Middle East, Central & Eastern Europe and Latin America .

Photos from the opening night parties of ICSC REcon 2013. Photos by Holly Dutton

Opening night parties kicked off with a bang Sunday night, as hundreds gathered at The Shopping Center Group’s soiree in the Grand Ballroom at The Four Seasons while next door at Mandalay Bay, swans greeted guests at Aureole Restaurant at Massey Knakal and Fidelity National Title Company’s joint party.

Photos by Holly Dutton

QUEENS, NY (May 20, 2013) – The Shops at SkyView Center in Flushing, Queens recently signed a seven-year lease with its soon-to-be newest tenant: popular fashion retailer Limited Editions For Her.
The store will be located across from Old Navy on Level D and will occupy a 4,000-square-foot space. Already boasting an array of fashion-related tenants, the addition of Limited Editions For Her to The Shops at SkyView Center’s retail roster further enhances the mall’s apparel options as well as introduces a niche brand to the Flushing community.
“As a fashion …

Staying true to its pledge to lease Coney Island space to local businesses in the wake of the damage inflicted by Hurricane Sandy, Thor Equities announced it had secured placements for Brooklyn-based retailers in the heart of the People’s Playground.
The Nets Shop by Adidas, an exclusive Brooklyn Nets gear retailer, Wampum surf-and-skate shop, Coney Island Convenience and Brooklyn Rock will open at the Stillwell Avenue location.

It may be ugly, but the development team now pushing to finish the beleaguered American Dream mall in New Jersey are confident their wallflower will catch some eyes at next week’s ICSC convention in Vegas.

Don Ghermezian, president of Triple Five which now owns the unfinished 4.8-million square feet mall next door to the Met Life Stadium in East Rutherford, will travel to Sin City with a team of executives.

“We’re very excited about it,ˮ said Triple Five spokesman Alan Marcus. “I think there’s a real buzz in the retail industry.ˮ
Marcus said there is a “great deal” of interest from retailers and “a number” of letters of intent signed for space at the mall.