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Colliers International | 425 Walnut Street | Suite 1200 | Cincinnati | OH | 45202 |
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This email was sent by the author for the sole purpose of testing a
draft message. If you believe you have received the message in error, please
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Colliers International | 425 Walnut Street | Suite 1200 | Cincinnati | OH | 45202 |
THIS IS A TEST EMAIL ONLY.
This email was sent by the author for the sole purpose of testing a
draft message. If you believe you have received the message in error, please
contact the author by replying to this message. Constant Contact takes reports
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Discounters, Restaurants, and Auto Parts
Rank Among the Top Vertical Markets for Retailers
The U.S. retail real estate industry, boosted by higher consumer spending, experienced a better-than-expected first quarter in 2012, according to a new nine-page report just published by Colliers International’s Retail Services Group. Colliers International released its Spring 2012 United States Retail Highlights report, which looks closely at industry trends and a series of retail market performance indicators such as vacancies, net absorption, construction, and rental rates.
Key Findings
Colliers’ key takeaways from the report include:
In the report, Ann Natunewicz, National Manager of Retail Research for Colliers International’s Retail Services Group, and author of the report, explains: “Definitive signs of a self-sustaining recovery continue to elude us . . . but we remain cautiously optimistic that retail performance in 2012 will exceed the muted expectations predicted for the year.”
“The 2012 retail industry has benefitted from a combination of pent-up demand that has spurred consumer spending, a slight easing in underwriting standards that has begun to move lending, and historically low interest rates that have attracted investment capital from yield-seeking investors,” said Natunewicz.
Additional data and insights are available in a complete PDF version of the nine-page report at http://www.colliers.com/content/Colliers_US_Retail_Report_Q12012.pdf.
For more information about Colliers International, visit us at Booth #S243 R Street at the upcoming ICSC Annual RECon Convention in Las Vegas, May 20-22.
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Colliers International | 425 Walnut Street | Suite 1200 | Cincinnati | OH | 45202 |
THIS IS A TEST EMAIL ONLY.
This email was sent by the author for the sole purpose of testing a
draft message. If you believe you have received the message in error, please
contact the author by replying to this message. Constant Contact takes reports
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Colliers International | 425 Walnut Street | Suite 1200 | Cincinnati | OH | 45202 |
THIS IS A TEST EMAIL ONLY.
This email was sent by the author for the sole purpose of testing a
draft message. If you believe you have received the message in error, please
contact the author by replying to this message. Constant Contact takes reports
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April Retail Sales | May 3, 2012
HIGHLIGHTS
| MONTHLY |
April-12 |
March-12 |
|
| Dep’t Stores | Bon-Ton Stores Inc./The |
(5.0) |
(0.1) |
| Macy’s Inc |
1.2 |
7.3 |
|
| Nordstrom, Inc. |
7.1 |
8.6 |
|
| Nordstrom (Full & Direct) |
7.0 |
9.3 |
|
| Rack Stores |
7.3 |
7.3 |
|
| Saks, Inc. |
2.0 |
6.3 |
|
| Discount | Costco (U.S., with/excl. fuel) |
4.0 / 4.0 |
6.0 / 5.0 |
| Kohl’s Corp. |
(3.5) |
3.6 |
|
| Ross Stores, Inc. |
7.0 |
10.0 |
|
| TJX Cos Inc. |
6.0 |
10.0 |
|
| HomeGoods |
8.0 |
6.0 |
|
| Marmaxx |
5.0 |
10.0 |
|
| TJX Canada |
4.0 |
8.0 |
|
| Target Corporation |
1.1 |
7.3 |
|
| Stein Mart Inc. |
(1.6) |
(0.3) |
|
| Specialty Apparel | American Apparel (incl/excl. online) |
10.0/6.0 |
21.0/20.0 |
| Buckle Inc./The |
1.0 |
6.4 |
|
| GAP Inc./The |
(2.0) |
8.0 |
|
| Banana Republic (N. America) |
1.0 |
5.0 |
|
| GAP International |
(6.0) |
2.0 |
|
| GAP (N. America) |
4.0 |
9.0 |
|
| Old Navy (N. America) |
(6.0) |
11.0 |
|
| Limited Brands, Inc. |
6.0 |
8.0 |
|
| Bath & Body Works |
4.0 |
6.0 |
|
| La Senza |
(5.0) |
1.0 |
|
| Victoria’s Secret |
8.0 |
10.0 |
|
| Stage Stores Inc. |
(1.0) |
4.7 |
|
| Wet Seal Inc./The |
(9.6) |
(7.8) |
|
| Arden B |
(12.1) |
(8.6) |
|
| Wet Seal |
(9.1) |
(7.6) |
|
| Zumiez Inc. |
10.1 |
14.1 |
|
| Drug | Rite Aid |
2.9 |
3.6 |
| Front end |
2.7 |
4.6 |
|
| Pharmacy |
3.0 |
2.6 |
|
| Walgreens |
(3.7) |
(6.8) |
|
| Front end |
(2.2) |
1.2 |
|
| Pharmacy |
(7.8) |
(11.1) |
| Category |
Company |
Y-o-Y Chg in SSS (%) |
Y-o-Y Chg in SSS (%) |
| QUARTERLY |
Most Recent* Qtr |
Previous Qtr |
|
| Drug | CVS |
8.4 |
2.5 |
| Front end |
5.3 |
0.1 |
|
| Pharmacy |
9.8 |
3.6 |
|
| Auto | AutoZone (U.S.) |
5.9 |
4.6 |
| Pep Boys |
0.8 |
(0.4) |
|
| Discount | 99 ¢ Only |
8.5 |
6.7 |
| Big Lots (U.S.) |
3.4 |
1.7 |
|
| Cost Plus |
7.6 |
4.0 |
|
| DSW |
5.6 |
5.2 |
|
| Dollar General |
6.5 |
6.3 |
|
| Dollar Tree |
7.3 |
4.8 |
|
| Family Dollar |
4.5 |
4.1 |
|
| Tuesday Morning |
(3.2) |
(4.6) |
|
| Sam’s Club (U.S., excl. fuel) |
5.4 |
5.7 |
|
| Wal-Mart (U.S.) |
1.5 |
1.3 |
|
| Grocery | Kroger (excl. fuel) |
4.9 |
5.0 |
| Safeway (total/excl. fuel) |
1.6/flat |
6.2/1.5 |
|
| SuperValu |
(1.9) |
(2.9) |
|
| Winn-Dixie |
2.5 |
3.3 |
|
| Whole Foods |
9.5 |
8.7 |
|
| Home | Bed Bath & Beyond |
6.8 |
4.1 |
| Home Depot (U.S.) |
6.1 |
3.8 |
|
| Lowe’s |
3.4 |
0.7 |
|
| Pier 1 |
10.3 |
7.0 |
|
| Williams-Sonoma, Inc. |
7.0 |
7.3 |
|
| Hobby | Barnes & Noble |
2.8 |
(0.6) |
| Best Buy (U.S.) |
(2.4) |
0.9 |
|
| Cabela’s |
4.2 |
1.7 |
|
| GameStop (global) |
(3.6) |
(0.6) |
|
| Office Depot (N. America) |
(5.0) |
(2.0) |
|
| OfficeMax |
0.2 |
(4.3) |
|
| PetSmart |
5.5 |
6.1 |
|
| Staples (N. America) |
2.0 |
(1.0) |
|
| QSR / Restaurant | BJ’s Restaurants |
3.3 |
5.1 |
| Bob Evans (total) |
0.1 |
(2.7) |
|
| Brinker Int’l (company-owned) |
3.8 |
1.7 |
|
| Buffalo Wild Wings (company-owned) |
9.2 |
8.9 |
|
| Burger King Holdings (U.S./Canada) |
(2.0) |
flat |
|
| Cheesecake Factory |
2.6 |
2.7 |
|
| Grand Lux Café |
0.3 |
1.9 |
|
| Chipotle |
12.7 |
11.1 |
|
| Darden Restaurants (Basic/Specialty) |
4.1 / 5.8 |
1.8 / 3.9 |
|
| Bahama Breeze |
5.9 |
0.5 |
|
| Capital Grille |
5.7 |
5.7 |
|
| Longhorn Steakhouse |
6.7 |
6.0 |
|
| Olive Garden |
2.0 |
(2.5) |
|
| Red Lobster |
6.0 |
6.8 |
|
| Seasons 52 |
6.1 |
||
| Denny’s (system-wide) |
1.6 |
0.9 |
|
| DineEquity | |||
| Applebee’s (U.S.) |
1.2 |
1.0 |
|
| IHOP (U.S.) |
(0.5) |
(1.0) |
|
| Domino’s (U.S.) |
6.8 |
3.0 |
|
| Dunkin Brands (U.S.) |
7.4 |
5.6 |
|
| Einstein Noah |
1.2 |
1.0 |
|
| Jack in the Box (system-wide) |
3.6 |
3.1 |
|
| Kona Grill, Inc. |
7.8 |
10.6 |
|
| Krispy Kreme |
8.3 |
4.0 |
|
| McDonald’s Corp. (U.S.) |
8.9 |
7.1 |
|
| O’Charley’s, Inc. |
1.1 |
(0.9) |
|
| OSI Restaurant Partners | |||
| Bonefish Grill |
5.9 |
7.4 |
|
| Carrabba’s |
3.5 |
6.3 |
|
| Fleming’s |
0.3 |
10.1 |
|
| Outback Steakhouse |
3.6 |
5.6 |
|
| P.F. Chang’s China Bistro, Inc. | |||
| P.F. Chang’s |
(0.6) |
(2.4) |
|
| Pei Wei |
(1.7) |
(1.9) |
|
| Panera Bread |
5.9 |
6.0 |
|
| Qdoba |
3.8 |
3.7 |
|
| Ruby Tuesday, Inc. |
(5.0) |
(4.2) |
|
| Ruth’s Hospitality Group | |||
| Ruth’s Chris |
7.7 |
2.6 |
|
| Mitchell’s Fish Market |
0.4 |
(0.7) |
|
| Starbucks (Americas) |
8.0 |
9.0 |
|
| Yum! Brands (U.S.) |
1.0 |
(3.0) |
|
| * Fiscal year and quarterly reporting schedules vary by company. | |||
| Comp sales in BOLD have been updated within the past month. | |||
|
||||||||||||||||||||||||
Colliers International | 425 Walnut Street | Suite 1200 | Cincinnati | OH | 45202 |
THIS IS A TEST EMAIL ONLY.
This email was sent by the author for the sole purpose of testing a
draft message. If you believe you have received the message in error, please
contact the author by replying to this message. Constant Contact takes reports
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