Posts tagged: soho

Featured In : Business Of Home

Featured In : Business Of Home

For all the believers in the brick-and-mortar retail-pocalypse, get this: The U.S. Census Bureau’s retail economy survey reported that Q4’s 2018 internet sales transactions (in other words, e-commerce) accounted for only 9.9 percent of the nation’s gross retail sales. That less than 10 percent of all buying is happening online...

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Design Talk by MV no. 016 - When the Concept of Supply and Demand Fails: Exploring Commercial Rent Increases Amidst a Struggling Brick and Mortar Sector Pt. 01

Design Talk by MV no. 016 - When the Concept of Supply and Demand Fails: Exploring Commercial Rent Increases Amidst a Struggling Brick and Mortar Sector Pt. 01
To kick 2018 off strong, I really GOTTA KNOW why retail rents are increasing so gravely at the same time that retail, as we know it, is becoming less profitable. What gives? In the first of a three-part Design Talk, I’ll address the paradox, how it’s in total defiance of traditional supply and demand economics, and nail down a few of the reasons I see supporting the screwy trajectory.

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