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Warby Parker bets on brick and mortar, plans to open 30-35 stores this year

Warby Parker bets on brick and mortar, plans to open 30-35 stores this year

by Jordan Vollmer | Sep 28, 2021 | Insights

Warby Parker gave exclusive guidance into their plans for its fiscal year, noting a positive sentiment towards brick-and-mortar retail. The brand expects a record net revenue increase of 35% from 2020 numbers. Third quarter net revenues are anticipated to reach up to...
US Retail Sales rise in August, showcasing continued strength among shoppers

US Retail Sales rise in August, showcasing continued strength among shoppers

by Jordan Vollmer | Sep 21, 2021 | Insights

Retail sales increased during August, growing 0.7% seasonally adjusted from July and up 15.1% year-over-year, according to the US Census Bureau. NRF’s calculation of retail sales showed August was up 2.3% seasonally adjusted from July and up 12% unadjusted...
Brick-and-mortar store openings up year-over-year, representing a 58% increase

Brick-and-mortar store openings up year-over-year, representing a 58% increase

by Jordan Vollmer | Sep 20, 2021 | Insights

A recent report from Coresight Research states that there have been 4,969 store openings so far in 2021, a 58.3% increase from the previous year.  Dollar General has been a leading retailer in physical openings for the year, outpacing other stores by 20%. Competing...
RH reports record Q2 comps, net revenue increase of 39% year-over-year

RH reports record Q2 comps, net revenue increase of 39% year-over-year

by Jordan Vollmer | Sep 13, 2021 | Insights

RH has reported another record-beating quarter in fiscal 2021, with a net revenue increase of 39% to $989 million, compared to $710 million a year ago. Q2 revenue is also up 40% from the same period in 2019. Other highlights from the quarter include:  $263 million of...
Signet Jewelers Reports Q2 above expectations, brick-and-mortar sales up 131%

Signet Jewelers Reports Q2 above expectations, brick-and-mortar sales up 131%

by Jordan Vollmer | Sep 9, 2021 | Insights

Signet Jewelers, the world’s largest retailer of diamond jewelry, has released financial results for Q2.  Second quarters highlights include:  Total sales were $1.8 billion, an increase of more than $900 million to Q2 of FY21 and more than $423 million to Q2 of FY20....
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Recent Posts

  • [RECORD YEAR!] We’re beyond excited and pleased to announce 2022 as best year ever for SREG. 2,500+ total deals completed and 7.7 Million square feet leased!
  • New Property Assignments! Spinoso Real Estate Group assigned to Towne Mall in Elizabethtown KY, The Mall at Turtle Creek in Jonesboro AR, and North County Mall in Escondido CA.
  • Brick-and-mortar continues to play a critical role in retail according to recent Placer.ai report, online presence will never replace the value of offline channels

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    At Spinoso Real Estate Group, we maximize the value of each property we work on through Leasing, Increasing Occupancy, Improving NOI and driving Mall Sales Performance.

    In recognition of the importance of recruiting the best tenants possible for our properties, we have integrated the Leasing function across every department, and added “Leasing +®” as an extended service and responsibility to everyone’s official title.

    Leasing+® is a core, company-wide service and an integral part of our culture and company’s DNA and we have elevated it to the forefront of every functional area of the organization, including providing our clients, partners and the properties SREG represents a comprehensive leasing-focused service.

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