Skip Ribbon Commands
Skip to main content

News release

Chicago

Jones Lang LaSalle Launches What’s in Store Podcast Series for Retailers

YouTube podcasts to focus on trends, strategies on timely topics facing retailers in today’s ever-changing climate 


CHICAGO, Sept. 28, 2010 — Jones Lang LaSalle announced today it has launched a podcast series entitled “What’s in Store” to provide retailers the latest information about cutting-edge trends and strategies so that they can thrive in the rebounding but challenging economic climate.

The Jones Lang LaSalle Corporate Retail Solutions team, led by Joe Brady and Lew Kornberg along with Jones Lang LaSalle experts in vertical sectors, will be creating the two-minute podcasts based on the most compelling and timely real-world situations and trends seen within the retail landscape nationwide.

“Since the economic and retail environment has changed so dramatically within the last two years, we want to provide retailers a playbook on key themes affecting their business,” said Brady, Managing Director, Corporate Retail Solutions. “Our goal is to provide our unique in-the-trenches perspective on what lies ahead so the retail community can seize upon opportunities and capitalize on challenges, creating a more robust shopping experience for consumers.”

Covering a wide array of topics including the upcoming lease accounting changes, portfolio optimization and leasing strategies, the podcasts will be available on Jones Lang LaSalle’s YouTube channel as well as its website. 

“We hope to be a conduit to new ideas within the retail industry as tenants and landlords alike recognize that what worked three years ago does not necessarily generate success today,” said Kornberg, Managing Director, Corporate Retail Solutions. “The lack of available financing and a glut of vacant space require a more creative, strategic approach to occupancy, expansion and branding, and we look forward to sharing our lessons learned via these podcasts.”

Some highlights from upcoming podcasts include:

Lease Accounting Changes: The upcoming FASB/IASB rule change will effectively put an end to operating leases. Working now to ensure the right systems are in place to capture the required data, as well as examine lease terms and conditions, can have a significant impact on the efficiency and ease with which real estate accounting will be performed once the accounting change is final.

Adaptive Reuse: How creative entrepreneurs are converting vacant space into profit-generating retail concepts. State-of-the-art fitness centers and trendy brew-pubs are taking over space formerly occupied by now-bankrupt banks and big-box electronics retailers.

Internet’s Impact: What the evolution of the Internet means for traditional bricks & mortar retailers and how they can adapt to engage increasingly tech-savvy consumers.

Pop-up Stores and Temporary Leases: How the need for flexibility in light of a volatile, unpredictable economy has sprouted pop-up and temporary stores in nearly every U.S. market. A trend that’s here to stay.

The podcasts can be viewed at What's in store playlist.  If you’d like to be notified when new podcasts are available, please email Whats.InStore@am.jll.com

Jones Lang LaSalle’s Corporate Retail Services team provides a full range of outsourced real estate services for its retail clients, managing both their new store rollout process and their existing store portfolio.  Jones Lang LaSalle is in its third year of building a robust and comprehensive service offering for retail tenants/occupiers following the firm’s acquisition of The Standard Group in 2008.

The team’s portfolio of clients includes financial institutions, sporting goods and electronics retailers, automotive, grocery and furniture stores. Over the past 18 months, the practice has nearly doubled in size and tripled the number of clients it serves.
 
About Jones Lang LaSalle

Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2009 global revenue of $2.5 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.6 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with approximately $38 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.