Target has zeroed in on a 2019 opening date following K-Mart’s upcoming October 2019 closure and construction is underway for a new Target in the functionally obsolescent Galleria at La Cumbre and State.
Liquid nitrogen ice cream was introduced to Santa Barbara in July with the opening of Creamistry.
The 400 block of State Street in Santa Barbara, which is already full of vacancies, has taken another hit. Staples appears to have not renewed their lease.
Lowe’s will close all Orchard Supply Hardware stores nationwide by February 1st; this includes a location Goleta.
PepsiCo has announced plans to acquire at-home carbonated drink maker SodaStream for $3.2 billion, giving the business a new line through which it can reach consumers through their homes instead of through stores.
In San Luis Obispo, a new housing development named Righetti Ranch is one step closer to welcoming families. The 165.3-acre plot of land is expected to hold as many as 1,000 homes for sale as early as late summer.
San Luis Ranch, another planned residential project in San Luis Obispo, recently experienced a pivotal planning meeting that brings it one step closer to development. More than 2,200 prospective residents are on the waiting list for the project, which is described as “desperately needed.”
A Thousand Oaks development team has recently proposed a project to revitalize the downtown area.
A major construction project, expected to bring hotels and a conference center to the city, is underway in Camarillo.
Gap plans to open a net of 25 stores this year with growth coming from its Old Navy and Athleta brands.
Target has plans to open 21 new stores this year, the majority of which are small brick-and-mortar stores.
Chipotle projects opening up 130-150 new restaurants this year, expanding at a growth faster than most restaurant chains.
Dave and Busters plans to double its current store base from 106 to over 200 in the long-term.
Nordstrom has been consistently adding locations from its off-price chain, Nordstrom Rack, and slowly opening new full-line stores over the past year.
Brands are finding new ways to infuse technology into the customer experience to satisfy the needs of the 24/7 connected shopper, from self-service product discovery tools to augmented experiences.
Brands and retailers are using strategic alliances to adapt in an ever-shifting retail landscape.
Retailers are increasingly offering options like instant pickup and on-demand delivery to meet customers’ expectations of instant gratification.
To deliver personalized experiences and anticipate the needs of consumers, retailers and brands are tapping into predictive modeling, artificial intelligence, and machine learning.
Subscription services are becoming more common from traditional brands to meet customer needs for curated experiences.
Brands are repurposing brick-and-mortar store environments to be more relevant and responsive to customer needs.
Brands have found a new focus in consumer-driven commerce–empowering consumers to feel like they are apart of a brand through the use of product customization and excellent customer service.
Payment processing innovations make it easier for customers to conveniently and quickly order from retailers and brands.
E-commerce advancements come in an era where consumers increasingly prefer to buy items online rather than in-person.