Shena Collins’ Post

It is always sad to see a respected business in our industry collapse, and we wish the Homebase team well in finding new opportunities. Andy Newman was asked for his thoughts earlier this week by a leading garden trade publication: Andy Newman, Director at mdj2 associates commented "It’s really sad to see the demise of Homebase, I worked on projects there in the past and met some great people. People will inevitably ask what went wrong, but in truth I feel Damian McGloughlin and the team did a good job of steering the business through Covid and building it back up following the well-documented Bunnings era. The harsh reality is Homebase became ’stuck in the middle’ with consumers having too many retailers to choose from. 10 years ago DIY Sheds were a very distinct format in their own right, but over the years many other retailers have successfully blurred the lines and nibbled away at Homebase’s core markets - just look at the growth figures for Dunelm, The Range, B&M, Home Bargains etc etc … If you then factor in the strong growth of Screwfix and Toolstation, plus the continued pressure from online competitors, it all starts to make sense. #retail Homebase #stores #gardenretail HortWeek

Everyone chasing #retail wants #groceryanchored centers. This ShopRite closed in 2021, when most grocers were setting Sales PSF records through the pandemic. After being struck by the site of this unicorn on many a drive-by, I stopped to take a look this morning. Despite the "retail apocalypse" headlines, we all still love #brickandmortar. And with little-to-no new supply in 5 years, the sector has been resilient! But many lenders will still only touch Retail if there's a grocery anchor. Let's talk about this! On its face, this is a well-located center on a major thoroughfare in a stable working-class suburb of Long Island. It is surrounded by Residential, is at a signalized intersection, and 9 out of the 10 units on the property are FULL. Unfortunately, the one that isn't is the anchor. ShopRite closed this location in 2021 citing poor sales. The "mom and pops" remain. I have my theories, but what conclusions would you draw? #longisland #stripmall #realestate #leeassociates #choosewiseLEE 

The Salvation Army is a #business and The Salvation Army Australia has Salvos Stores is #retail: A Treasure Trove for Savvy Shoppers and Side Hustlers As a dedicated volunteer at Salvos Store, every time I step into our vibrant retail space, I think of #sales. From the moment you walk through the doors, you're greeted by a kaleidoscope of possibilities—a treasure trove of unique finds and hidden gems waiting to be discovered. The Tarneit Store (VIC, Australia): A New Frontier for Bargain Hunters Our recently opened store in Tarneit, Melbourne, is a testament to the ever-growing popularity of Salvos Store. This new location offers a fresh and inviting shopping experience where you can explore a curated collection of lifestyle items, from clothing and furniture to electronics and home decor. Whether you're a seasoned bargain hunter or simply looking to add a touch of character to your home, the Tarneit store promises to delight and inspire. A Side Hustle Goldmine: Flipping for Profit One of the most exciting aspects of shopping at Salvos Store is the potential for side hustles and entrepreneurial endeavours. With our vast array of merchandise, savvy shoppers can uncover hidden treasures and high-ticket items that can be flipped for a profit. This concept, often referred to as "arbitrage," involves finding undervalued items and reselling them at a higher price, capitalising on the difference between the purchase and sale prices. I watch a diverse group of internet social media personalities and business and finance gurus like Gary Vaynerchuk, Mark Tilbury, Ben Alistor, Alex Hormozi, and Codie A. Sanchez, just to name a few, but there are other iconic ones out there. There is both good and bad advice within the self-improvement and self-help realms of the internet cultures and sub-cultures, but I mainly watch for a different perspective, like trying to gather intelligence. It is up to the person watching and the creators themselves to figure out which information is good or bad, or to confess. The idea of having long championed the art of flipping videos and the Salvos Store provides the perfect playground for aspiring #entrepreneurs and #business ventures. From vintage clothing and collectibles to furniture and electronics and so much more lifestyle stuff, our stores offer a wealth of opportunities for those willing to put in the effort and have a keen eye for value. A Marketplace for Bargain Hunters and Side Hustlers At Salvos Store, we understand the importance of accessibility and convenience. That's why we've embraced both in-person and online shopping experiences. Our physical stores offer the thrill of the hunt, where you can immerse yourself in the sights, sounds, and smells of a vibrant retail environment. Meanwhile, our online platforms provide a seamless and convenient way to browse and purchase items from the comfort of your own home.

📣 FOR SALE: Thriving Convenience Store with Real Estate 📣 ❗PRICE: $729,000 ❗ANNUAL REVENUE: $970,000 ❗SDE: $122,000 Is it your time to become the driving force of this community staple, one that has proven to be both a requirement and an appreciated supplier of convenience and other desirable food, personal, or household items? This updated, well respected and patronized, and highly rated convenience store, with a wonderfully inviting 3-bedroom owners’ suite will provide qualified and motivated buyers with both a secure base of business as well as opportunity to expand the product and/or service offering. Strong customer demand has proven to exist in this growing rural area, located not more than 45 minutes from downtown Halifax. A few key highlights that support the positioning of this business’ future: ✅ Most critical equipment items have been purchased new in the last 2 years and significant renovations have been made, providing you with a solid capital base that requires no further or near-term additions. Turn-key, ready to go, with confidence the years ahead are unlikely to require reinvestment. 💼 The owners have owned the business for almost 3 years. Understanding the efforts they’ve made thus far, it’s clear there are immediate opportunities for improved supply arrangements, adding additional demand from the community and improved profits for the business. 🤝 Perhaps you’re a family who values working together, supporting / teaching entrepreneurship and many of the values successful business ownership requires. Family business is almost always more profitable than otherwise, with increased customer satisfaction, reduced labour costs, and increased profits. 📍 The local area’s continued growth for the foreseeable future is sure to be a boon for increased revenues. The offering price considers the company will be debt free and inventory will be counted and adjusted to the final price at closing. (Inventory is in addition to the offered price). Check out our website listing: ➡️ https://lnkd.in/g-DWRSWH #profitable #conveniencestore #businessforsale #realestate

Seeking Vacant Family Dollar Stores in PA!!! We have numerous clients that are looking for these soon to be empty stores! Landlords listen up—— News of Dollar Tree/ Family Dollar closing 600 stores has been a big topic in the media the last few weeks. While no store closure is positive news, it’s not quite the doom and gloom some paint it to be. It’s a very large company (20K+ stores) repositioning and cutting fat to gear itself for the future. It’s simply a fact of life as with any retailer…. here it’s just proportionally higher for them due to their massive store count. The positive news is that with one retailer closing, it offers great opportunity for others to step into their space especially in areas of tough barrier to entry. Unlike the recent challenges many of the Rite Aid store owners have faced with replacement rents being dramatically lower than what was being paid, the dollar concept stores often are at or below market rents. This allows for a much easier rent backfill and in some cases even a rent increase. Please reach out if your own or represent any upcoming closed Family Dollar stores. Adam Hagerman Cale Bruso, MBA Bradley Rohrbaugh Chad Stine Bennett Williams Commercial Retail Brokers Network (RBN) #cre #commercialrealestate #familydollar #storeclosing

🏡 Attention Buyers and Sellers in Waldo! 🏡 Did you know that there is currently only a 0.87 Months Supply of Inventory in our area? That means competition is fierce for available homes! But don't worry, as your trusted REALTOR®, I can help guide you through this competitive market. Let's find your dream home or get top dollar for your property in this sought-after neighborhood. Waldo is a gem in Kansas City, known for its welcoming community vibe, thriving local businesses, and walkable streets. Here are some highlights: Dining Delights: Savor the flavors at some of Waldo's favorite eateries like Waldo Pizza, known for its creative toppings and gluten-free options, and Betty Rae's Ice Cream, a local favorite for indulgent homemade ice cream and unique flavors. Community Events: The neighborhood buzzes with events like the Waldo Fall Festival, a favorite local tradition that brings together food, music, and crafts each year. Green Spaces: Enjoy the outdoors at Tower Park, a perfect spot for families and fitness enthusiasts with its expansive play areas and well-maintained walking trails. Whether you're buying your first home or looking to sell, the current market dynamics in Waldo favor proactive decisions and strategic planning. As your real estate expert, I'm here to provide the insights and support you need to navigate this bustling market. 🔑 Connect with me today, and let's make your real estate goals a reality in Waldo! #WaldoNeighborhood #KansasCityRealEstate #MarketTrends #BuyersMarket #SellersMarket #DreamHome #InvestInRealEstate #WaldoDining #CommunitySpirit #LocalEvents

What do you think about this? 🚫 The town of Joseph, OR has banned many chain stores and restaurants, to support local businesses. 🏪 The measure comes after concerns over the rise of dollar stores in the area. Joseph Mayor Lisa Collier emphasizes the desire for smaller, locally-owned shops. #LocalBusiness #RetailNews #Oregon #JosephCity #DollarStores #BusinessBan #DollarGeneral #FamilyDollar #DollarTree

This transaction checked some cool boxes... 1. Great buyer and seller profile that worked together from first offer to closing to get this deal done. Not one adverserial moment, which is rare in commercial investment sales transactions, especially in this environment. 2. Virginia based food and beverage concept that is EXPANDING into D.C. (this will be their second location in the District with a desire to open more). We haven't seen that much over the last few years given the perception/reality that D.C. is a challending environment for F&B operators... 3. The property is located in a very under the radar submarket (Langdon/Woodridge). The neighborhood has a great feel to it, and there is a massive development pipeline in a tight radius, so I expect the neighborhood will continue to change for the better in the short and long-term. 4. Very unique property, as it a commercial building that was connected to a single-family home. The single-family home fronted the Rhode Island corridor until 1928, when it was picked up and moved to 16th Place NE. In its' place, the commercial building was built. Looking forward to more interesting/unique deals like this. #realestate #commercialrealestate #newbusiness #development

Catch up on the Shophouse market with our latest report. For 2023, an estimated 133 shophouses worth $1.2 billion changed hands and the most popular districts with buyers were 8, 14, 1, 12 and 15. Buying interest shifted to District 8 as the quantum is more affordable. Strategic investors remained focused on 999-year leasehold and freehold shophouses for wealth preservation. Total number of rental contracts for shophouses in 2023 were 2.0% higher than a year ago. The median rents of shophouses were estimated to have increased by 8.7% last year due to higher demand from businesses. Shophouses in city fringe locations are forecasted to see more interest among investors in 2024. With a rosier economic outlook and higher tourist arrivals expected, there may be higher leasing demand for shophouses in 2024. Read more: https://lnkd.in/gKbXg4UH Speak to your preferred Huttons Associates to get an in-depth analysis and understand the opportunities in the shophouse market for you. #HuttonsGroup #FastestGrowingAgency #SingaporeLargestPrivateRealEstateAgency #QuarterlyReport #MarketUpdate #ShophouseReport #HuttonsDataAnalytics #BigData

Rentals and utilities are the 2 'contracted killers' of the retail business. If not managed well, the cumulative of both these buckets can go to a staggering 40% of top line and force businesses to close down or seek an alternative location  At 2030 Kitchen Inc, we are on a mission to help retailers understand the perils of being bottom-heavy in terms of overheads. Our #cloudkitchen model allows businesses to test their business via a lower expense. Our learnings while doing the #madfriedchicken project was to take it slow in the beginning, and once the P&L started showing promise, we ventured into our first brick & mortar store. Some of our clients are doing the same too. Slow & steady is the way to go in retail #cloudkitchen #2030kitchen  (Picture taken at LuckyOne Mall)