Clicks to Bricks Weekly Digest
Google Announces First Texas Brick-and-Mortar Store in AustinGoogle is set to open its first retail store in Texas, located at 11701 Domain Blvd. in Austin’s Domain Northside. This will be Google’s seventh physical store, joining locations in Manhattan, Brooklyn, Mountain View, Boston, Oak Brook, and an upcoming one in Santa Monica. The Austin store will…...
How to Evaluate Your Store’s Performance in the First 12 Months
Opening a store is one thing—knowing if it’s actually working is another. A new store’s first year is full of unknowns, fluctuations, and learning curves. The key is to analyze what’s working, what’s not, and where to pivot before it’s too late. Here’s how to diagnose performance, adjust expectations, and shift from pro forma to…...
Retail Store Buildouts: The Punch List
A punch list is your final quality control checkpoint before opening your store. It’s a list of unfinished work, defects, or minor issues that need to be corrected before the project is fully complete. But here’s the reality: There will always be imperfections. The key is knowing what must be fixed now and what can…...
Value Engineering a Store Buildout
Building out a retail store is expensive, but not every dollar is equally important. Value engineering is the art of cutting costs without sacrificing functionality, customer experience, or brand integrity. Here’s how to strategically reduce expenses across construction, millwork, and key materials—while still opening a beautiful, high-performing store. 1️⃣ Understand Where the Money Goes Before…...
Store Design: The Employee Experience
Most brands obsess over customer experience when designing a store—but what about your employees? A well-designed store makes it easier to work, sell, and stay productive, which leads to happier employees, lower turnover, and better sales. Here’s how to map out your store’s design with employee experience at the core. 1️⃣ Start with the Employee…...
Retail Chart of Accounts
When opening retail stores, it’s likely that you’ll need to update your chart of accounts for things that are unique to brick and mortar retail. You may not need all of these, but it’s better to have zero-balance lines than to wish you had them years ago for addition visibility. Retail-Specific Chart of Accounts Additions…...
Game Theory & CRE
Game theory has always intrigued me since learning about it in the context of economics and business. And I’ve always felt the problem with information asymmetry and opacity in CRE felt like a game theory dilemma, but I’ve struggled to put it into words. So naturally I asked ChatGPT to confirm/counter my hunch and, if…...
CommerceNext Conference
Registration will be complimentary for anyone who qualifies
Avoid this mall if you value safety
How a parking lot shootout changed my thoughts on site selection
Let's find your next retail destination and vendor
We've built the foundation to be "the Glassdoor for retail real estate"
New Podcast Episode: Retail Site Expansion
Listen to the Consumer Code podcast with Lyden Foust, CEO of Spatial.ai
Help Kids, Adults, and Families In Need
Donate $ or retail product to Delivering Good!
A Map for NYC’s Neighborhoods
Defining NYC neighborhoods is akin to defining cocktails: everyone has a different definition. There are lots of maps out there, with some motivations being that brokers and landlords want to classify their locations in a higher rent neighborhood (so they can charge those higher rents). While there’s no right or wrong answer, you should definitely…...
Come to NYC!
Save the date: Attend the Women of Impact Summit
To reno/relo or not to reno/relo
Why a reno/relo is rarely worth it
Sneak peek: access the new and improved Resource Hub!
We've replatformed! No login needed.
1REC is building on OpenAI!
Test out 1REC's Real Estate Counsel AI
Lease Administration: the role you earn at scale that accelerates profitability
How to immediately save six figures of costs with a single hire
RETHINK Retail Recognizes Andrew Neelon as one of the Top Retail Experts of 2024!
Join Andrew and other Top Retail Experts on Jan 15th at RETHINK Retail's Gala!
2023 sucked for DTC
"The year of the retail fire sale" per Modern Retail
