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Retail, One Year Later 1440 428 ASG

Retail, One Year Later

March 13; a Friday the 13th, ironically enough: That’s the day most people point to in 2020 as the moment when everything changed. Up until that day, it was business as usual, with just a few conversations surfacing from the background about a new SARS virus. And then suddenly, the pandemic enveloped us. Schools closed.…

Redefining Retail 1440 428 ASG

Redefining Retail

I’ve been spending a lot of time these days thinking about the future of retail. And what I think about most is how much opportunity there is. How much opportunity?  Well, I’m so confident in retail and what retail means to consumers, that even in the midst of a pandemic, we have acquired and merged…

The Landlord-Tenant Partnership to Save Retail 1440 428 ASG

The Landlord-Tenant Partnership to Save Retail

The loss of specialty retailers, such as Jos. A. Bank, J.Crew, Lord & Taylor, and Pier 1, didn’t just impact the companies themselves. The ripple effect ran through the malls in which they were tenants and indirectly impacted the other mall tenants that relied on their presence as a draw. Many tenants had anchor store…

A Consumer-Centric Retail Strategy 1440 428 ASG

A Consumer-Centric Retail Strategy

We’ve talked before about how the pandemic isn’t to blame for everything going on in retail. A consumer-centric retail strategy has been needed for a long while. A lot of the writing was already on the wall for those brands that were slow to embrace the ever-evolving nature of retail that is required to remain viable. The…

Reinventing Retail Post-Pandemic 1440 428 ASG

Reinventing Retail Post-Pandemic

The uncertainty of 2020 has resulted in two basic approaches to navigating the ambiguity of retail during the course of the pandemic: the “deer-in-the-headlight” approach – those retailers who panicked, froze in place, and have quietly filed for bankruptcy; and the “what if we try this” approach – those retailers who were able to nimbly…

Post Pandemic Retail Strategies 1440 428 ASG

Post Pandemic Retail Strategies

We’ve been talking recently about department stores – specifically, the incline and change in retail that occurred as a result of department stores, as well as their original purpose. Department stores were the logical evolution of brick and mortar in the late 1800s. Before department stores, there were mom-and-pop shops. Those developed into the mercantile (think…

ASG Acquires Design Agency Chute Gerdeman 1440 428 ASG

ASG Acquires Design Agency Chute Gerdeman

Columbus based Asset Strategies Group Acquires Design Agency Chute Gerdeman to expand its retail real estate solutions business. Asset Strategies Group (ASG) has cleared a path forward to strengthen its strategic real estate solutions business in the acquisition of the leading environmental design agency Chute Gerdeman. ASG has a nearly two-decade history of providing an expanding…

The Future of Retail Is Not Pureplay 1440 428 ASG

The Future of Retail Is Not Pureplay

Most of the people predicting pureplay and ecomm as the future of retail could not have foreseen what would really happen to the infrastructure when challenged the way it has been during the pandemic. We now realize that the future of retail is not Amazon (or Target or Walmart), and that Amazon was not the…

Huge Opportunity for Wholesale Brands and DTC 1440 428 ASG

Huge Opportunity for Wholesale Brands and DTC

There are a billion or more retail dollars up for grabs for the retailers that figure out how to navigate the future of retail. But in my mind, the bigger opportunity is in the ripe pickings available for wholesalers making the leap into retail for the first time. Whatever disadvantages these players may have had…

Reinventing Retail: The Post Pandemic Strategy 1440 428 ASG

Reinventing Retail: The Post Pandemic Strategy

Has there ever been a more challenging time for retail? Without the business disruption insurance that we lobbied for, we’re seeing more and more retailers forced into bankruptcy. And even as states are in the midst of phased reopenings, the ongoing civil unrest, however justifiable, has made it impossible for some retailers to open as…

Consumer Packaged Goods Need a New Plan 1440 428 ASG

Consumer Packaged Goods Need a New Plan

When it comes to surviving the evolution of retail, it’s not just retail brands who are having to reinvent themselves and find new, customer-centric avenues to survive. The future of wholesale is in the same boat and so are consumer packaged goods (CPG). According to McKinsey, CPG losses over the last decade ranged from 7%…

Outsourcing Retail Strategy and Lease Administration 1440 428 ASG

Outsourcing Retail Strategy and Lease Administration

There are 10,000 Boomers retiring every day, and they are taking an enormous amount of institutional knowledge with them. This has been most noticeable in the healthcare and insurance industries, but in the next decade, we’re going to feel it in every industry.  The Generational Divide Because Boomers have worked longer and are retiring later,…

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