Placer Labs provides businesses with insights into the performance of their physical properties through location analytics and customer behavior intelligence. Their technology collects and analyzes data on customer visit trends, market landscapes, and demographic details. This helps clients, including retailers and property managers, understand how their properties are performing, compare against competitors, and identify investment opportunities. Placer Labs also aids in optimizing marketing efforts by analyzing the effectiveness of initiatives and suggesting strategies to attract the right customers. Additionally, they assist in finding ideal locations for new stores or restaurants. The company generates revenue by offering access to its platform and data insights, focusing on delivering accurate information that helps clients gain a competitive edge.

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Ace Pickleball Club is coming to Brunswick Shopping Center in North Brunswick, according to an announcement from Levin Management Corporation on Tuesday.Levin Management Corporation (LMC) serves as leasing and managing agent for the 288,000-square-foot Middlesex County property, located just off Route 1 on Milltown Road.LMC’s Fred Younkin, leasing representative, negotiated the 26,500-square-foot commitment on behalf of property ownership. Marta Villa of CBRE represented the tenant.The wildly popular, fitness-focused recreation concept has surged in popularity in recent times. Ace Pickleball’s community-centric “open play” model fosters organic connections among players. Club locations offer all-inclusive pricing; premium courts; and opportunities for members to learn, compete and socialize. The New Brunswick Shopping Center facility will host corporate events and parties. It will also feature a small pro shop.“Pickleball has surged in popularity in recent years, appealing to players of all ages and abilities,” Younkin said

Ace Pickleball Takes 26,500 Sf At Brunswick Shopping Center In North Brunswick

Pages from ShopRite - 1701 US-22 Watchung - Exterior Signage - V10 - AP - 061924 (1)-3. Athletic play franchise KidStrong will join the tenant lineup at Blue Star Shopping Center in Watchung, Levin Management Corporation said. The new, 3,000-square-foot lease follows a recent signing by Planet Fitness and coincides with a multi-million-dollar redevelopment – well underway – at the Somerset County retail center. LMC serves as leasing and managing agent for the 420,000-square-foot Blue Star Shopping Center, located on Route 22 between Terrill and Bonnie Burn roads. E.J. Moawad, senior leasing representative, negotiated the KidStrong transaction on behalf of property ownership

Levin Management: Kidstrong Coming Soon To Blue Star Shopping Center

IRVINE, Calif., Dec. 11, 2024  (GLOBE NEWSWIRE) -- Harbert Management Corporation's ("HMC") South Bay team ("Harbert South Bay" or the "Team") announced today that it has capitalized the ground-up development of The James, a luxury rental, 350-bed seniors housing community in Irvine, California. The Team, along with partners P3 Foundation and Momentum Senior Living, worked with JLL and HJ Sims to arrange a $473 million tax exempt and taxable bond financing for the ground-up development of The James, which is the largest tax-exempt seniors living financing of the year and largest non-profit single-site seniors living bond issue in history. Harbert South Bay has developed over 11,000 units for seniors housing across 83 projects in 15 states since inception. The team has focused its efforts on ultra-luxury facilities over the last eight years developing facilities in locations with five-star amenities in high demand, affluent zip codes and limited to no supply.  Patrick McGonigle, Harbert South Bay's CEO, commented, "Following on our team's success at the The Variel, the team is excited to deliver another wonderful development to the Greater LA market." The Variel is a 336 unit project in Los Angeles, California that Harbert South Bay delivered in 2022. By month 18, the independent living units reached near full occupancy a year and a half ahead of schedule

Harbert South Bay Capitalizes Development Of The James Luxury Seniors Housing Community In Southern California

(Reuters) - Cosmetics retailer Ulta Beauty (ULTA) raised its annual profit forecast on Thursday, signaling a bounce back in demand for perfumes and makeup during the holiday shopping season and sending its shares up more than 12% in early Friday trading.The company has seen strong engagement from younger shoppers who are on the look out for both mass products and prestige brands such as Elf Beauty and Clinique by Estee Lauder, respectively, for the holidays.It also rolled out early deals in November and offered steep promotions during Black Friday.• USD (ULTA) View Quote DetailsThe retailer, which sells perfumes and makeup, also slightly nudged the lower end of its annual sales forecast.The company now expects annual sales to be between $11.1 billion and $11.20 billion, compared with its prior expectation of $11 billion to $11.20 billion.Ulta expects annual profit per share to be between $23.20 and $23.75, up from its prior expectation of $22.60 to $23.50.Fenty Beauty products on display inside the ULTA Beauty store in Los Angeles, California. (Kevin Mazur/Getty Images for Fenty Beauty by Rihanna) · Kevin Mazur via Getty ImagesUlta's strong results come at a time when beauty giants Estee Lauder (EL) and L'Oreal (OR.PA) have flagged waning demand in the United States for their premium beauty products and upmarket lipsticks and perfumes.Visits to Ulta's stores dipped in September from a year ago but quickly bounced back in October, which saw a 4.5% jump compared with a year earlier, bolstered by Halloween offerings and seasonal sales according to data from Placer.ai.Quarterly net sales rose 1.7% to $2.53 billion, helped by contribution from new stores, beating analysts' estimates of $2.50 billion, according to data compiled by LSEG.During the third quarter ending Nov. 2, Ulta opened 28 new stores, remodeled 27 stores, and closed two stores. It operated 1,437 stores, at the end of quarter.It posted a profit of $5.14 per share for the quarter, compared to estimates of $4.54 per share.(Reporting by Aamir Sohail and Sriparna Roy in Bengaluru; Editing by Krishna Chandra Eluri)

Ulta Beauty Raises Annual Profit Forecast, Shares Rise

By Savyata Mishra(Reuters) - Lululemon (LULU), facing its slowest quarterly growth in more than four years, will have to deal with Wall Street questions on whether it has made significant strides toward fast-tracking trendier styles to its stores to better compete with athleisure upstarts.• USD (LULU) View Quote DetailsLululemon is likely to see revenue rise nearly 7% to $2.36 billion in the third quarter ended October, according to estimates compiled by LSEG, compared with a nearly 19% jump in the same period a year ago.Shares of the company, which is set to report its results after the bell on Thursday, have slumped 33% so far this year.The Canada-based maker of high-end yoga pants, joggers and sweatshirts, has been losing ground to brands such as Alo Yoga and Vuori, which refresh their shelves with fresh styles more frequently, a practice that appeals to younger shoppers.Celebrities including Kendall Jenner, Taylor Swift and Kaia Gerber who have previously worn Lululemon activewear have recently been spotted in gear from these two California-based brands."In established and strong athleisure markets, like California, so far in 2024 our data has signaled that newer brands like Alo Yoga and Vuori are outpacing Lululemon in visitation growth year-over-year," said Elizabeth Lafontaine, director of research at Placer.ai.Moreover, Gap-owned Athleta, which sells $109 leggings on its website, returned to growth in its most recent quarter, helped by a trendier collection of joggers and tees, and social media buzz.In contrast, Lululemon's North America business has shown signs of fatigue with product missteps in its women's business prompting it to slash its 2024 sales and profit forecasts in August.Lululemon has blamed its choppy sales on lower availability of smaller sizes and colors in its key women's apparel business as well as less newness across core and seasonal styles.In July, the company had to pull newly launched $98 "Breezethrough" leggings off shelves as shoppers criticized the V-shaped back seam of the tights as "unflattering".A Canada Goose store in Toronto"Lululemon is ubiquitous and more mainstream. it's challenging to keep up that pace (of growth) once a brand gets that large," said Ward Kampf, president of Northwood Retail, a commercial real estate firm that owns and operates open-air mixed-use properties across the country.Kampf, who has helped lease stores to Vuori, Alo and Lululemon in Texas and California, said Vuori and Alo are aggressively growing their store count, strategically targeting openings around existing Lululemon locations.Story ContinuesRoughly 90% of Vuori stores and 84% of Alo stores now operate within 0.5 miles of a Lululemon location across the United States, he said, citing industry data. Lululemon had about 370 stores in the US, as of Jan. 28, 2024, while the other two brands together have over 100 outlets in the country. "We suspect the company has maximized its core category total addressable market and is attempting to find growth in other areas, but it isn't working," Jefferies analyst Randal Konik said. The company has broadened its product category to include flannel shirts, ankle-length skirts and launched a Disney-themed 34-piece limited-edition collection this month, but analysts say it has not translated into a sales boost

Lululemon Faces Sluggish Sales As Upstart Brands Nip At Its Heels

Janice Schwartz appointed as Vice President, People at Placer.ai.

Janice Schwartz Appointed as Vice President, People at Placer.ai

Bill Baker and Craig Ballard Bring 50 Years of Experience ANNAPOLIS, Md., Jan. 8, 2025 /PRNewswire/ -- Annapolis Town Center, a premier mixed-use development located in the heart of Annapolis, is proud to announce the addition of Bill Baker as General Manager and Craig Ballard as Marketing Director. Together, Baker and Ballard bring a combined 50 years of expertise to further elevate Annapolis Town Center as a leading lifestyle destination

Annapolis Town Center Appoints New General Manager And Marketing Director

Venus Jewelers, a long-time Somerset County destination retailer, expanded into a brand-new shop and showroom at Rutgers Plaza. The family-owned and operated jeweler now occupies 5,700 square feet at the Franklin Township shopping center, nearly doubling the size of its operation there.“When tenants grow and thrive it’s always exciting news,” Ed Vasconcellos III, leasing representative with Levin Management Corporation, leasing and managing agent for Rutgers Plaza, said. “With this expansion, Venus Jewelers offers a modern, inviting store design with fresh new service and jewelry offerings – it’s simply a gorgeous space.”The new store reflects Venus Jewelers’ commitment to quality and service. Its design aims to redefine the jewelry shopping experience, according to Dr. Peter Stavrianidis, principal owner.“With 46 years of serving the community here at Rutgers Plaza, we are proud to be a trusted name in jewelry,” Stavrianidis said, who represents the business’ fourth generation along with his sister, Dora Fount. His son, Jason, carries on the family legacy as Venus Jewelers’ fifth generation.“The comfortable atmosphere we have created makes every customer feel like part of our extended family

Venus Jewelers Expands Flagship Store At Rutgers Plaza In Franklin Twp.

By Siddharth CavaleNEW YORK (Reuters) - In the most competitive holiday season in years, major U.S. retailers Target (TGT) and Walmart (WMT) are spending more on ads to reach shoppers on short-video app TikTok and streaming platforms.• USD (WMT) View Quote DetailsBut while recent U.S. credit- and debit-card data point to a small gain for Target, with its shoppers spending slightly more in early December than a year ago, there's little that the Minneapolis-based chain can do this year to reverse the trends that have put it at a disadvantage, investors told Reuters.With more than 1,950 stores across the United States, and an array of mostly non-essential merchandise, Target has lost market share following waning sales. Target's shares have fallen 7% this year, compared to Walmart's 72% gain."Target's funk has been in place for a couple of years now and doesn't have a quick fix," said Charles Sizemore, chief investment officer of Sizemore Capital Management, which owns $220,000 in Target shares."Would a late surge in advertising encourage shoppers to spend their gift cards at Target before year end? Maybe," Sizemore said. "I wouldn't necessarily bet on that."Many retailers have kept a tight lid on spending as shoppers cut back on non-essential purchases. D.A

Analysis-Target'S Holiday Advertising Push Will Only Take It So Far, Investors Say

When it comes to attracting new customers, Whole Foods Market is apparently thinking small. The Amazon-owned grocery chain recently opened its first Daily Shop mini-market on Manhattan’s Upper East Side, with plans to bring the concept to other urban neighborhoods, The Wall Street Journal (WSJ) reported Monday (Dec. 2). “We’re serving a previously unmet need in the neighborhood,” Nicole Davia, a Whole Foods senior vice president, told the WSJ

Whole Foods Courts New Customers With Smaller-Footprint ‘Daily Shop’

Location analytics and customer behavior insights

Placer Labs

Location analytics and customer behavior insights

Placer Labs

Location analytics and customer behavior insights

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