Record Store Day 2021 offers a sign of hope for businesses working on their pandemic rebound

Brahm Buck

Vinyl may not be the first thing that comes to mind when thinking about the impacts of the pandemic, but for some business owners, it’s everything. This Saturday, the first of two Record Store Days being held this year, offers a sign of hope for independent businesses trying to recover from some of the darkest days they have seen.

Record Store Day is a global event to “celebrate and spread the word about the unique culture surrounding nearly 1,400 independently owned record stores in the US and thousands of similar stores internationally,” according to organizers.

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Chicago shopping strips face post-COVID retail reality

Brahm Buck

Online brands occupied only 1.3 percent of space on Damen last year, as the once-hip corridor’s troubles worsened during the pandemic. The stretch between Willow Street and North Avenue saw vacancy rates rise to 29.3 percent in 2020 from 22.9 percent in 2019, according to Stone. That’s double the sub-10 percent rates on Damen between 2013 and 2016. Soft-goods retailers, which were already leaving the strip before the pandemic, continued their outward march last year as five brands left.

“Damen, it has lost its way a little bit,” Winter says. “In the early days, when Damen first emerged as the

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A Surprise Pandemic Win For Border Stores At One Of The World’s Biggest Travel Retailers

Brahm Buck

It is easy to forget that the duty-free channel is not just about airports—and the pandemic has put that into sharp focus. In Asia, downtown offshore sales in Hainan have soared, attracting the attention of players like Alibaba and China’s department store groups, while airport stores in Hong Kong International and Singapore Changi airports were deserted.

At global travel retailer Gebr. Heinemann, based in Germany, a similar story has unfolded, this time at duty-free border shops. The business barely gets any attention in normal times, but it came

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The future of retail real estate markets

Brahm Buck

When the coronavirus pandemic reached the United States last year, the lockdowns and emergency orders that came with it sent shock waves through the country’s retail markets. Mandatory closures sent some retailers scrambling for new ways to reach customers and fulfill online orders while others did their best to weather devastating revenue losses with no foreseeable end in sight.

While brick-and mortar stores struggled, however, e-commerce revenue skyrocketed in 2020, growing 44% last year. Even as retail revenue overall grows in the U.S., these trends signal a change in American consumer

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Retail vacancies narrowing in several Rome shopping centers | Business

Brahm Buck

Ulta Beauty, a national cosmetics and beauty supply franchise will take the space vacated by Pier 1 Imports in the Riverbend Shopping Center and is expected to open sometime as early as October.

Ulta Beauty carries a wide variety of cosmetics and skincare brands, men’s and women’s fragrances, nail products, bath and body products, beauty tools and haircare products.

Interior and exterior renovations to the space are already underway.

R.H. Ledbetter Properties CEO Robert H. Ledbetter Jr. also reported that he hopes to have an announcement soon for another vacant space in the Riverbend shopping center in location adjacent to

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