DOCSLIB.ORG

EY Real Estate Markets Update

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
EY Real Estate Markets Update EY Real Estate Markets Update Economic and real estate overview June 2020 Disclaimer • EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young LLP is a client- serving member firm of Ernst & Young Global Limited operating in the U.S. • This presentation is © 2019 Ernst & Young LLP. All rights reserved. No part of this document may be reproduced, transmitted or otherwise distributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP. Any reproduction, transmission or distribution of this form or any of the material herein is prohibited and is in violation of US and international law. Ernst & Young LLP expressly disclaims any liability in connection with use of this presentation or its contents by any third party. • Views expressed in this presentation are those of the speakers and do not necessarily represent the views of Ernst & Young LLP. • This presentation is provided solely for the purpose of enhancing knowledge on tax matters. It does not provide tax advice to any taxpayer because it does not take into account any specific taxpayer’s facts and circumstances. • These slides are for educational purposes only and are not intended, and should not be relied upon, as accounting advice. Page 1 EY Real Estate Markets Update Economic and real estate overview Mike Straneva Partner US National Director of Transaction Real Estate Ernst & Young LLP Page 2 EY Real Estate Markets Update Where are we in the cycle? Real estate recession Self-storage Multi family Office Single family Senior housing Community centers Manufactured home High-productivity malls Industrial Neighborhood centers Student housing Power centers Lodging Data centers M-RevPAF Growth Slowing M-RevPAF Growth Negative (Expansion) (Oversupply/ Low-productivity malls Cell towers Material rent growth Obsolescence) Rising/stable occupancy Rents falling New construction Occupancy falling M-RevPAF Growth M-RevPAF Growth Flat Accelerating (Bottoming) (Recovery) Rents and occupancy stabilizing Low/modest rent growth Little to no new construction Rising occupancy Little new construction Page 3 EY Real Estate Markets Update Today’s economy: the glass is broken • REITs have suffered significant price declines in most sectors • Interest rates are at historic lows but floors and increased underwriting makes lending difficult. • Inflation could be a long term problem but today’s issues relate to deflation. • The bid ask spread between buyers and sellers has chilled the market for all but a few select property types like industrial and data centers. • Wave of distressed buyers looking for asset purchases are on the sidelines while distressed debt, mezzanine and rescue capital are the flavor of the day. • Unemployment is at historic highs supressing consumer demand. • Government CARES Act and treasury intervention in the market place is unprecedented. • Business is waiting to see the results of the reopening while the results of the stimulus packages are set to burn off. • On top of all this, it’s an election year. Page 4 EY Real Estate Markets Update Economy is witnessing the highest unemployment rate since 1982 May ’20 14% Unemployment rate 13.3% 12% 10% 8% 6% 4% 2% 0% ► Surprisingly, May saw 2.5 million jobs ADDED, bringing the unemployment rate down from 14.7% in April to 13.3% in May. Source: US Bureau of Labor Statistics Page 5 EY Real Estate Markets Update This is the unequitable effect of theCoronavirus of theunequitable effect This is Page 6 Source: US Bureau of Labor Statistics 10 12 14 16 18 20 2 4 6 8 2000 2001 2002 race by (%) rate US Unemployment Total 2003 2004 2005 White 2006 2007 2008 Black 2009 2010 2011 2012 Asian 2013 2014 2015 Latino 2016 2017 2018 EY RealEstate Markets Update 2019 May-20 11 13 15 17 19 21 1 3 5 7 9 2000 level education by (%) rate US Unemployment Total 2001 2002 2003 No HS No 2004 2005 2006 HS NoCollege HS 2007 2008 2009 2010 2011 or Assoc. Deg Assoc. or College Some 2012 2013 2014 2015 2016 College + College 2017 2018 2019 May-20 What will increased government borrowing do to future USyields? future doto borrowing government What willincreased Page 7 • • 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% inject a total of $6 trillion into the financial system the financial $6trillion into of a total inject to the potential have and andcredit facilities lending programs cuts, include rate initiatives Fed’s The intheworks. more trillion, $2.3 with Act, total including theCARES packages, Stimulus Jan-12 Mar-12 May-12 Jul-12 Sep-12 Nov-12 Jan-13 Mar-13 May-13 Jul-13 Sep-13 Nov-13 Jan-14 Mar-14 May-14 Jul-14 Sep-14 Nov-14 Jan-15 Mar-15 EY RealEstate Markets Update May-15 10 Yr Jul-15 Sep-15 Nov-15 Jan-16 5 Yr Mar-16 May-16 Jul-16 2 Yr Sep-16 Nov-16 Jan-17 Mar-17 May-17 Jul-17 Sep-17 Nov-17 Jan-18 Mar-18 May-18 Jul-18 Sep-18 Nov-18 Jan-19 Source: US Treasury, Forebes, CNBC Mar-19 May-19 Jul-19 Sep-19 Nov-19 Jan-20 Mar-20 May-20 The dollar has slightly appreciated although the Fed Fund rate is near zero US dollar index vs Fed Funds Rate 106 3.0% US Dollar Index Fed Funds Rate 104 2.5% 102 100 2.0% 98 1.5% 96 94 1.0% 92 0.5% 90 88 0.0% 1-Jul-19 1-Jul-18 1-Jul-17 1-Oct-19 1-Oct-18 1-Oct-17 1-Feb-20 1-Apr-20 1-Feb-19 1-Apr-19 1-Feb-18 1-Apr-18 1-Feb-17 1-Apr-17 1-Jan-20 1-Jan-19 1-Jan-18 1-Jan-17 1-Jun-20 1-Jun-19 1-Sep-19 1-Dec-19 1-Jun-18 1-Sep-18 1-Dec-18 1-Jun-17 1-Sep-17 1-Dec-17 1-Dec-16 1-Mar-20 1-Mar-19 1-Mar-18 1-Mar-17 1-Nov-19 1-Nov-18 1-Nov-17 1-Nov-16 1-Aug-19 1-Aug-18 1-Aug-17 1-May-20 1-May-19 1-May-18 1-May-17 Pros: Cons: • A strong dollar makes foreign goods more affordable for • American exports are more expensive abroad. consumers. • There is less domestic demand for US-produced goods because • For large multinationals, a strong dollar means greater ability to of cheaper buy foreign goods. foreign companies. • Reduced demand for American-made products will place • A strong dollar cools inflation and economic growth, which may downward pressure on US employment. be overheating. • A stronger dollar signals that investors believe economic growth Source: The Wall Street Journal, US Federal Reserve will accelerate in the longer term. Page 8 EY Real Estate Markets Update barrel $35per to oilrecovers plunge before and rig count employment Oil prices, Page 9 $100 $120 $(40) $(20) $20 $40 $60 $80 $- Jan-13 Apr-13 Jul-13 Oct-13 Jan-14 perbarrel) price ($ spot WTI Apr-14 Jul-14 Oct-14 Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 EY RealEstate Markets Update Jul-19 Oct-19 Jan-20 Apr-20 1000 100 200 300 400 500 600 700 800 900 0 Jan-13 Jun-13 Texas rig count (L) count rig Texas Nov-13 Apr-14 rigcount vs. employment Texas Sep-14 Feb-15 Jul-15 Dec-15 Texas non-farm employment YOY % Ch (R) %Ch YOY employment non-farm Texas May-16 Oct-16 Source: Bureau of Labor Statistics, Baker Hughes Mar-17 Aug-17 Jan-18 Jun-18 Nov-18 Apr-19 Sep-19 Feb-20 -10% -8% -6% -4% -2% 0% 2% 4% 6% No world economy has been spared GDP Growth Forecast 2019 vs. 2020 China 0.4% 6.1% India -3.1% 5.6% Indonesia -2.3% 5.0% Russia -6.3% 1.0% Emerging Brazil -4.8% 0.8% Mexico -5.2% 0.4% United States -7.0% 2.2% South Korea -1.0% 1.9% Australia -5.9% 1.8% Canada -10.7% 1.4% France -9.4% 1.3% 1.2% Developed United Kingdom -8.3% Japan -6.5% 0.8% Germany -6.1% 0.6% Italy -8.7% 0.1% 2019 2020 Source: Oxford Economics Page 10 EY Real Estate Markets Update Real estate funds are sitting on a record amount of dry powder Top RE PE Fund Managers by fundraising 2014-2019 Rank Manager Headquarters Capital raised ($m) 1 Blackstone New York $ 64,931 2 Brookfield Asset Management Toronto $ 29,014 3 Starwood Capital Group Miami Beach $ 16,861 4 GLP Singapore $ 16,435 5 Lone Star Funds Dallas $ 16,200 6 AEW Boston $ 12,227 7 The Carlyle Group Washington DC $ 10,860 8 Rockpoint Group Boston $ 10,741 9 BentallGreenOak New York $ 9,713 10 Angelo Gordon New York $ 9,449 Total $196,431 Source: Preqin, PERE Page 11 EY Real Estate Markets Update Frothy market multiples look to increased earnings increased multipleslookto market Frothy Page 12 Source: Factiva 100 120 140 160 180 200 220 80 4-Jan-16 4-Apr-16 4-Jul-16 4-Oct-16 performance indices market Broad 4-Jan-17 DJI 4-Apr-17 4-Jul-17 NASDAQ 4-Oct-17 4-Jan-18 4-Apr-18 4-Jul-18 S&P 500 S&P 4-Oct-18 4-Jan-19 4-Apr-19 4-Jul-19 4-Oct-19 EY RealEstate Markets Update 4-Jan-20 4-Apr-20 Source: ThomsonOne 10 15 20 25 30 35 40 45 50 0 5 1/1/1872 1/1/1879 1/1/1886 1/1/1893 Jan-00 Jan-07 PE Ratio Jan-14 Jan-21 Jan-28 ratio Shiller PE Jan-35 Jan-42 Jan-49 Long termaverage Jan-56 Jan-63 Jan-70 17.7 Jan-77 Jan-84 Jan-91 Jan-98 Jan-05 Jan-12 Oct-18 May-19 Bank regulators are accommodating lenders that make concessions to borrowers: what happens in the fall when the easy covenant waivers could end? The OCC and FDIC issued separate but overlapping bulletins recommending that banks make allowances to borrowers affected by COVID 19.
Load more

Recommended publications
  • Oklahoma City 2011 Year–End Retail Market Summary TABLE of CONTENTS
    Oklahoma City 2011 Year–End Retail Market Summary TABLE OF CONTENTS Retail Market Summary 1-2 Sales Summary 3 North Submarket 4-5 Northwest Submarket 6-7 South Submarket 8-9 Edmond Submarket 10-11 West-Central Submarket 12-13 Moore / Norman Submarket 14-15 Eastern OK County Submarket 16-17 National Retail Review and Outlook Back Cover The information contained herein has been obtained from reasonably reliable sources. Price Edwards & Company makes no guarantee, either express or implied, as to the accuracy of such information. All data contained herein is subject to errors, omissions and changes. Reproduction in whole or in part, without prior written consent is prohibited. Oklahoma City 2011 Year–End Retail Market Summary THE Retail MARKet The Oklahoma City retail market has seen a Questions/Issues of Interest OKC TOTAL RETAIL MARKET INVENTORY continuation of a marked improvement this past year. This is borne out both in our firm’s As part of our year-end study, we wanted to 50 GLA SF Freestanding SF transactional activity and the year-end 2011 address a number of questions or issues about 40 survey results. Price Edwards manages and which we are frequently asked: leases nearly 7 million square feet of retail space 30 across Oklahoma; we generated a 20 percent Is all the news good news? In a word, no. increase in lease transactions this past year. There are a number of positives, as you would 20 The market vacancy at year–end dropped below expect during a general economic recovery. (millions of square feet) (millions of square 10 10 percent for the first time in years, ending the However, national retailers are still being year at 9.8 percent.
    [Show full text]
  • Organic Harvest Report
    Organic Harvest Edited by Jim Slama An Action Plan For Local, Organic and Family Farmed Foods About This Project his report incorporates some of the work of a feasibility study reflecting three years of focus groups, surveys, and one-on-one discussions with farmers, food buyers, supermarkets, consumers, distributors, food processors, Trestaurants and other stakeholders concerned about developing adequate production, distribution, and marketing of local organic food. Using the data gathered, this document describes the needs and opportunities in the regional organic and local food industry. Our goal with this report is to educate consumers, policymakers, business leaders, funders and the media about opportunities to use regional organic food production as a tool to promote job creation and economic development in an environmentally sound manner. Lead project funding came from the Illinois Department of Agriculture’s AgriFIRST Program and the USDA’s Federal State Marketing Improvement Program. Additional funding came from the Chicago Community Trust, the Ellis Goodman Family Foundation, the Gaylord and Dorothy Donnelley Foundation, the Liberty Prairie Foundation, the Libra Foundation, the Lumpkin Family Foundation, and the Rudolf Steiner Foundation. Project Team Mary Anne Boggs, Paul Bouzide, Juli Brussel, Aaron Crane, Dean Ennes, Ilsa Flanagan, Charlotte Flinn, Michael Holdrege, Kim Janssen, Warren King, Cathy Morgan, Lydia Morken, Brian Murray, NAVTEQ, Lynn Peemoeller, Patti Rooney, and Jim Slama. Dean Ennes, Warren King, Lynn Peemoeller, and Jim Slama wrote this report. Brian Murray designed this report. Photography by Ron Doetch, John Beske, Terry Zinn, and Paul Natkin. Special thanks to all who participated in focus groups, surveys and individual interviews in the creation of this report.
    [Show full text]
  • Quarterly Financial and Operating Supplement for the Third Quarter Ended September 30, 2010
    Quarterly Financial and Operating Supplement For the Third Quarter Ended September 30, 2010 Ramco‐Gershenson Properties Trust 31500 Northwestern Highway Suite 300 Farmington Hills, MI 48334 (248) 350‐9900 www.rgpt.com Ramco‐Gershenson Properties Trust Quarterly Financial and Operating Supplement September 30, 2010 (unaudited) TABLE OF CONTENTS Page Overview Company Information 2 Disclosures 3 Quarterly & Year‐to‐Date Financial Results Consolidated Balance Sheets 4 Consolidated Balance Sheets Detail 5 Consolidated Statements of Income 6 Consolidated Statements of Income Detail 7 Funds from Operations and Additional Disclosures 8 EBITDA 9 Quarterly & Year‐to‐Date Operating Information SameSame PropertiesProperties AnalysisAnalysis 10 Leasing Activity ‐ Consolidated & Unconsolidated Portfolios 11 Redevelopment and Development Projects 12 Debt and Market Capitalization Information Summary of Debt Expiration ‐ Consolidated Properties 13 Summary of Outstanding Debt ‐ Consolidated Properties 14 Consolidated Market Data 15 Portfolio Information Top Twenty Tenants 16 Summary of Expiring GLA 17 Portfolio Summary Report 18‐20 Joint Venture Information Joint Venture Combining Balance Sheets 21 Joint Venture Contribution to Funds from Operations 22 Summary of Joint Venture Debt 23 Joint Venture Same Properties Analysis 24 Joint Venture Leasing Activity 25 Joint Venture Summary of Expiring GLA 26 Page 1 of 26 Company Information: Ramco-Gershenson Properties Trust (NYSE:RPT) headquartered in Farmington Hills, Michigan, is a self-administered and self-managed real estate investment trust engaged in the business of owning, developing, acquiring, managing and leasing community shopping centers located primarily in the Midwestern, Southeastern and Mid-Atlantic United States. At September 30, 2010, the Company owned and managed a portfolio of 88 shopping centers with approximately 20.0 million square feet of gross leasable area, of which 15.4 million is owned by the Company or its joint ventures.
    [Show full text]
  • Printmgr File
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) È ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 25, 2006 OR ‘ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-5418 SUPERVALU INC. (Exact name of registrant as specified in its charter) Delaware 41-0617000 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 11840 Valley View Road Eden Prairie, Minnesota 55344 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (952) 828-4000 Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Common Stock, par value $1.00 per share New York Stock Exchange Preferred Share Purchase Rights New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes È No ‘ Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ‘ No È Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • Retail Real Estate Rally in Cali?
    COVER STORY, SEPTEMBER 2010 RETAIL REAL ESTATE RALLY IN CALI? While the number of retail properties trading is low, what is trading is going for top dollar. Retailers, meanwhile, are infilling better locations in the Golden State. Randall Shearin While activity is down overall in California retail real estate, the climate itself is vibrant and poised for a comeback. Although the volume of leases getting done is less than it was 3 or 4 years ago, there are a number of large, healthy tenants who have realized now is the time to get into California’s wealthy infill markets that used to have big barriers to entry. “From a tenant perspective, some of the national corporate tenants, as well as the regional tenants are considering jumping back into certain markets,” says Robert Pinon, vice president of corporate retail solutions at Jones Lang LaSalle. “Los Angeles is one of the big ones. Tenants are trying to upgrade some of their real estate or penetrate those markets of L.A. that they weren’t able to get into before due to the real estate opportunities or expense.” While not every tenant is in the market for space, some are looking for deals where they can dictate good terms and good location. “Tenants are being a lot more methodical,” says Pinon. “It has to be the site for the number. Otherwise, tenants are walking.” For landlords, this means paying closer attention to properties, keeping their eyes on existing tenants and future possibilities. “The current climate almost requires the landlords to hyper-manage their own leasing efforts to make sure that attention is paid to the properties,” says Steve Jaffe, executive vice president of Los Angeles-based BH Properties.
    [Show full text]
  • Retailer Paycheck Stuffer
    take care® NO RECEIPT RETAILERS When you use your take care® Visa® flex benefits card at No Receipt Retailers: P Only FSA eligible purchases will ring up on your take care ® card. P You won’t have to submit receipts to verify purchases made with your card.* Here’s how the “smarter” take care flex benefits card works: 1. Take your over-the-counter healthcare products, prescriptions, and other items to the register and the clerk will ring them up. 2. Swipe your take care card for payment (be sure to swipe your take care card first). 3. The eligible amounts will be deducted from your Flexible Spending Account. The clerk will then ask for another form of payment for the non-FSA-eligible items. See back for 4. If your take care card is declined, the clerk will ask for another form of payment RETAILERS for the total amount. 5. The receipt will identify your FSA-eligible items and provide a subtotal of the FSA-eligible purchases and the sales tax paid. ® * Please save all receipts for items purchased with your take care card. This is an IRS requirement. The take care ® Visa® flex benefits card is issued by M&I Bank FSB pursuant to a license from Visa U.S.A. Inc. take care® NO RECEIPT RETAILER list for January 2008 ACME - SuperValu Farm Fresh - SuperValu Kroger Sam’s Club Waldbaum’s Albertsons - SuperValu Food Basics Lin’s Sav-A-Center Walgreens A&P Supermarkets Genuardi’s Longs Drug Stores Shaw’s - SuperValu Wal-Mart Stores Bigg’s - SuperValu Giant Eagle Lucky - SuperValu Shop ‘n Save - SuperValu VisionDirect.com Brookshires/Super 1 Foods Giant Food Macey’s ShopKo Stores/Shopko Express Beuhler Food Markets Giant Food Stores Meijer Shoppers - SuperValu Coming in 2008 Carrs Hannaford Food & Drug OSCO - SuperValu Star Market - SuperValu Fagen Pharmacy Cubs - SuperValu Harris Teeter, Inc.
    [Show full text]
  • Retail Marketing Director
    DATE: April 30, 2013 TO: ASMI Board of Directors FROM: Larry Andrews, Retail Marketing Director SUBJECT: FY2013 RETAIL PROGRAM UPDATE RETAIL PROGRAM OBJECTIVES: Increase retail and consumer awareness of Alaska seafood by utilizing a three-tiered messaging platform: Differentiate wild Alaska seafood from other/farmed fisheries. Increase consumer preference for wild Alaska seafood. Increase retail merchandising and understanding of the importance of Alaska seafood through training and communication targeted directly to retailers. Program activities fall under three separate initiatives: 1. Alignment with the Consumer Advertising/Public Relations program to increase awareness and preference for Alaska seafood; 2. Merchandising/POS development by retail chain partnerships; and 3. Retail training and communication. All program activities reinforce the power of the Alaska Brand and engage both the consumer and the retailer. Platform #1: Alignment with the Consumer Advertising/PR Program to Increase Awareness and Preference for Alaska Seafood Activities include chef interviews/demonstrations, special events/sampling, national recipe releases and online banner advertising. A. Chef Interviews/Demonstrations at Consumer Shows/Events: Members of the Alaska Seafood Chefs Alliance (ASCA) are featured at select high-end consumer events where ASMI is the exclusive seafood partner (in Newport, Boston and New York). Sponsorship includes a full-page ad in the show program, logo and link on the show website, and chef appearances at the Chef Demo Stage. ASMI Retail staff also secures product placements with participating restaurants and coordinates retail promotions so that Alaska seafood is featured prominently throughout the community. FY2013 shows include: . Newport Mansions Wine & Food Festival, 9/21/2012 – 9/23/2012 .
    [Show full text]
  • Corporate Power in the Food System Facts and Figures on Market Concentration in the Agri-Food Sector
    January 2021 [Documentation] Corporate power in the food system Facts and figures on market concentration in the agri-food sector Table of contents Synthesis ................................................................................................................................................. 1 Lack of transparency ............................................................................................................................... 2 Seeds ....................................................................................................................................................... 2 Pesticides ................................................................................................................................................ 6 Fertilizers ................................................................................................................................................. 9 Agricultural machinery ........................................................................................................................... 11 Agricultural traders ................................................................................................................................ 13 Milling industry ....................................................................................................................................... 14 Dairy sector............................................................................................................................................ 15 Meat sector
    [Show full text]
  • Meredith (Pdf)
    A Report: A RETAIL MARKET ANALYSIS and ACTION PLAN presented to: The Greater Meredith Program and The New Hampshire Main Street Center Prepared by N. David Milder and Bill Ryan December 2006 ©DANTH, Inc. All Rights Reserved TABLE OF CONTENTS Page 1 Chapter I. Introduction 4 Chapter II. Meredith’s Retailing And The Competition 18 Chapter III. The Hotel Guest And Second-Home Owner Markets 35 Chapter IV. The Residential Markets 53 Chapter V. Bringing The Market Analysis Together 63 Chapter VI. Action Plan CHAPTER I INTRODUCTION This study was conducted to better understand market conditions and consumers in the Meredith area. Market data was collected and analyzed to develop recommendations for downtown and community economic revitalization efforts. The research presented in this report is intended to be used to assist existing businesses, prospective entrepreneurs, governmental officials, realtors, property owners, developers, educators, business counselors, and others in the community. A. The Reconnaissance DANTH’s first assignment in Meredith was a reconnaissance on Dec 8-9, 2005 during which DANTH made a field visit to Meredith and some competitive shopping districts, met with local business people and reviewed available information. DANTH’s reconnaissance was initially predicated by the desire of the leadership of the Greater Meredith Program (GMP) to improve the strength and quality of the retailing within their program’s district, especially along Main Street. During the visit additional specific questions were posed about: • The possibility of attracting national retail chains to the district? • Other types of retail operations or niches that could make Meredith a more attractive and interesting place for shoppers? • The importance of population density and commercial space characteristics in recruitment efforts? • How to take advantage of all the affluent second-home owners in the area in recruitment efforts? • The information the Greater Meredith Program needs to provide to retail tenant prospects? DANTH submitted its report on the reconnaissance on Dec.
    [Show full text]
  • Natural and Organic Food and Beverage Industry Trends
    Natural and Organic Food and Beverage Industry Trends Current and Future Patterns in Production, Marketing, Retailing, and Consumer Usage Published by: Packaged Facts A division of MarketResearch.com 38 East 29th Street New York, NY 10016 212-807-2629 / 1-800-298-5699 212-807-2676 (Fax) June 2006 www.PackagedFacts.com NATURAL AND ORGANIC FOOD AND BEVERAGE INDUSTRY TRENDS: CURRENT AND FUTURE PATTERNS IN PRODUCTION, MARKETING, RETAILING, AND CONSUMER USAGE JUNE 2006 Natural and Organic Food and Beverage Industry Trends: Current and Future Patterns in Production, Marketing, Retailing, and Consumer Usage has been prepared by Packaged Facts and is a MarketResearch.com product. We serve consumer products companies and allied businesses in the United States and abroad with a complete line of research publications. Packaged Facts market intelligence reports are specifically designed to aid the action- oriented executive by providing a thorough presentation of essential data and concise analysis. Acquisitions Editor Don Montuori Project Manager David Lummis Author Marigny Research Group, Inc. New Orleans, LA Publication Date June 2006 LA 1187212 1-59814-061-2 All rights reserved. No part of this report may be reproduced without permission of the publisher. Copyright © 2006 MarketResearch.com, Inc. Packaged Facts Company Background Packaged Facts is a trusted provider of authoritative consumer market research. For over 30 years, our in-depth research, expert analysis and personalized client support have helped business professionals make the right strategic decisions. Why Buy From Us? In-depth research…expert analysis. Our reports are written by analysts with years of experience as professionals working in the industries that they now cover.
    [Show full text]
  • Local Food Actions and Motivations in the Highlands Neighborhood of Denver, CO
    University of Denver Digital Commons @ DU Electronic Theses and Dissertations Graduate Studies 3-1-2012 Local Food Actions and Motivations in the Highlands Neighborhood of Denver, CO Samantha R. Lester University of Denver Follow this and additional works at: https://digitalcommons.du.edu/etd Part of the Geography Commons Recommended Citation Lester, Samantha R., "Local Food Actions and Motivations in the Highlands Neighborhood of Denver, CO" (2012). Electronic Theses and Dissertations. 363. https://digitalcommons.du.edu/etd/363 This Thesis is brought to you for free and open access by the Graduate Studies at Digital Commons @ DU. It has been accepted for inclusion in Electronic Theses and Dissertations by an authorized administrator of Digital Commons @ DU. For more information, please contact [email protected],[email protected]. LOCAL FOOD ACTIONS AND MOTIVATIONS IN THE HIGHLANDS NEIGHBORHOOD OF DENVER, CO __________ A Thesis Presented to the Faculty of Natural Sciences and Mathematics University of Denver __________ In Partial Fulfillment of the Requirements for the Degree Master of Arts __________ by Samantha R. Lester March 2012 Advisor: E. Eric Boschmann Author: Samantha R. Lester Title: LOCAL FOOD ACTIONS AND MOTIVATIONS IN THE HIGHLANDS NEIGHBORHOOD OF DENVER, CO Advisor: E. Eric Boschmann Degree Date: March 2012 Abstract This study evaluates the local food movement within the Highlands neighborhood of Denver, Colorado. There are several potential outlets for local food within the Highlands and it is a diverse demographic community, which creates an interesting and relevant research area. This study evaluates the reasons behind the local food movement through qualitative research of community members, local restaurant owners, community garden members and community organizers as well as through participant observation.
    [Show full text]
  • Whole Foods Market, Inc
    Journal of Case Research in Business and Economics Whole Foods Market, Inc. James L. Harbin Texas A&M University-Texarkana Patricia Humphrey Texas A&M University-Texarkana Abstract This case explores the rise and expansion of Whole Foods Market, Inc. As the world’s leading natural and organic food supermarket, Whole Foods, faces major strategic issues in both its external and internal environment. These issues include the deterioration of the American economy, the uncertain future of the organic segment of the grocery industry, the increased competition of the major players in the food industry, the increased cost of food, the acquisition of Wild Oats and the Federal Trade Commission’s subsequent objection to that acquisition. Keywords: Whole Foods, John Mackey, entrepreneur, strategy, organic food, supermarket, acquisition, merger, Federal Trade Commission and Wild Oats Whole Foods Market, Inc., Page 1 Journal of Case Research in Business and Economics Introduction From the fairly humble beginning of being a one-store entrepreneur living on the third floor and taking baths in the dishwasher, John Mackey has seen his 1978 Safer Way grocery store grow into an $8 billion a year corporation. As of September 2008, Whole Foods had 264 stores in the United States, six in Canada, and five in the United Kingdom. There are few companies that attract the kind of following Whole Foods and its CEO/founder has both among its customers and the national media. Type Whole Foods on Google and one would get over 3 ½ million hits. Type John Mackey in and one would get some 100,000+. Their corporate website averages more than 50,000 visitors a day (Whole Foods Market, 2008a).
    [Show full text]