Online shopping has revolutionized the way consumers access goods and information, but is this revolution experiencing a reversal? People enjoy the ease of shopping and learning at their convenience. Part of what makes online shopping great is the same phenomenon that drives shoppers to local stores: instant gratification. Studies find that shoppers’ need for instant [...]
Millennials are about to become the largest section of American society, taking over baby boomers. In our previous post we talked about how security concerns are moving millennials offline and into stores. Commercial real estate companies, like Eidi Properties, will benefit from millennials entering the marketplace, but some stores still face challenges. Individual shops must [...]
Are Silicon Valley’s woes expanding in-person commerce? Perhaps. Online retailers are moving to brick and mortar in part due to well-publicized scandals involving Facebook and other social media platforms. Consumers are losing confidence that their privacy, identities, and tendencies are safe when they shop online. This combines with the movement towards, well, more movement. People [...]
After Sears’ bankruptcy questions abound as to the viability of the commercial real estate landscape. Many investors are wondering, has the digital age made “Big Box” brick and mortar shopping obsolete? The answer is a resounding no. Sears, Toys R Us and similar large-box, one-stop shopping stores are more compass than a canary in the [...]
Business degrees and MBAs are often seen as validation for business success — and rightfully so. Business schools provide important knowledge and background to help future entrepreneurs navigate the challenging landscape. However, many successful business people will point to a different influence when asked about their path. Often, prosperous business people learned as protégés [...]
