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5 Ways to Accomplish Your Capital Project Goals
Plan for all impactful items and align on goal metrics to ensure total project success. In my past role overseeing capital planning, we would allocate capital to programs that represented thousands of...
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Problem Meet Solution: Solving Your Top Facilities Maintenance Issues
In part one of this blog, I detailed the top six issues facing retail facilities maintenance: Timeliness: Ensuring service requests are issued in a timely manner to keep equipment up-time at a high...
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Omnichannel Insights: Physical Stores and E-commerce Sales are Not a Zero Sum...
The phrase “burdened by physical stores” is really an unrealistic and uninformed way to view the world of retail. There are many profitable stores and shopping centers around the world where people are...
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Take Your Lease Accounting Compliance to the Next Level With These Steps
It was just over a year ago that a lease accounting change over a decade in the making was finalized. Understanding the impact became critical for all companies with significant lease portfolios. As I...
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SPECS – More Proof that retail is alive and well
We recently returned from Chain Store Age’s SPECS Show. SPECS is a show for the design, construction management, project management and facilities management departments within retail organizations,...
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Should We Stay or Should We Go
Reading the headlines today, it is easy to conclude that we’ve entered the retail apocalypse and the demise of brick-and-mortar retail as we know it. While the announcements of potentially historic...
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Welcome to Leaseland
Helping Our Lease Administration All-Star – Betty – There is no doubt that managing a retailer or restaurant company’s lease administration and lease accounting is challenging Your average Director of...
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Disruption – CoreNet Global Summit Recap
CoreNet was different this year. You could literally see the conflicting emotions in everyone’s eyes. Fear on one side and opportunity on the other. Fear of not understanding, fear of being left...
View ArticleFASB ASU Addresses ASC 842 Implementation Challenges
This week, FASB announced a proposed Accounting Standards Update (ASU) to address challenges that lessors may encounter as they implement the board’s new lease accounting standard, ASC 842. The ASU is...
View ArticleNRF 2019: AI and the Real Estate & Store Development Lifecycle
Technological advances are reshaping how consumers behave, including where, when and how they shop, from changes to delivery and ordering/ecommerce technologies, and their resulting impact on real...
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ASC 842 Compliance: 7 Lessons Learned from Public Companies
Whether you are a private or public company, FASB ASC 842 requires careful guidance to ensure your real estate, equipment and embedded leases are compliant. As the leading strategic location management...
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5 Tips for Designing an Employee-Driven Workplace
It’s hard to overstate the importance of making the most out of your space and how this can directly impact your employees. Working alongside our clients throughout their real-estate journey, we see...
View ArticleWebinar: AI & the Store Lifecycle
Are your customers behaving strangely? Retail is at an inflection point as technology is disrupting where, when and how people shop. The impact of these behavioral changes, such as trends in delivery...
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Quality Assurance: Core Foundations and Key Factors
The discipline of Quality Assurance started with the Industrial Revolution, and sometimes it feels like it hasn’t changed much since then. While software development has evolved over the years, QA took...
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Boost Retail Omnichannel Geospatial Analytics Strategy
How are your multiple franchised coffee shops scattered across the city performing? Is your downtown location hurting the sales and foot traffic at your other shop just five miles away? If you open a...
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Be the Disruptor: 3 Digital Technologies Changing Restaurant Strategy
Online food ordering is booming, with estimates that delivery sales from this trend will rise an average of 12 percent a year for the next four years and total $76 billion in sales. In short, digital...
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AI-Infused Windows & Other Corporate Workspace Designs
As more employees opt to work from home, the pressure to attract tenants back to the traditional office is mounting. In fact, in cities across the nation the office space market is not as strong as it...
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How Retailers are Impacted by Canada Long-Form Census
In Canada, a national census is conducted every five years in May by Statistics Canada. The census provides important demographic and statistical data used in a wide variety of applications. The...
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Big Box Retailer Adds Coworking Services to Leverage Workspace Disruption
Dallas – like many other markets across the U.S. – is a hotbed of coworking space providers vying to fill their shared working spaces with employees and entrepreneurs alike. As changes in technology...
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Selecting a Lease Accounting Software Vendor
7 Essential ASC 842 Best Practices Let’s face it: there’s no shortage of lease accounting software solutions promising they will get you compliant with the new ASC 842 and IFRS 16 standards. Whether...
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