News: Owners Developers & Managers

More than just retail

Delivering discounted shoes by drone will not replace the old fashioned walk, talk, browse, and shopping of a downtown, neighborhood town center or a good mall, even at Christmas. These Xmas Internet retailers aggressively cut prices and promised free and rapid delivery dramatically cutting into the sales of brick and mortar giants. The online shopping trend seemed to please shoppers until the end when many of Santa's gifts were sadly not delivered on time. However, local brick and mortar retailers more than survived. By providing surprise and novelty, they enhanced the shopping experience, from pop-ups in empty stores to craft markets in churches and parking lots to traditional urban retail centers. Local merchants in neighborhood town centers assembled and succeeded. Using old fashioned shopping promotions, they created an entertaining community experience to attract shoppers and boost sales. Named the "Holiday Stroll," this promotional event enticed shoppers to retail centers across Mass. from the smallest Cape village to Boston neighborhoods. What was so appealing about the Stroll? In Newton Highlands stores offered something free or highly discounted, a glass of wine, warm cider or a 99¢ coffee. A local real estate agency offered free use of their usually private restrooms. There were discount coupons for future use from the dry cleaners, gift bags with discounts from the hair salon, and a free appraisal from the jewelry store. There was even a $5 rack at the consignment store. But, what makes the Stroll work as an experience is the non-shopping, the entertaining Sing A Long,Santa, and the warm welcome of the participating merchants. Being on a "Stroll" transcends shopping. If malls and downtowns could recreate this special sense of place at other times, brick and mortar shopping would be fun. Shoppers cannot get that experience on the Internet, at least not yet. Carol Todreas is a principal at Todreas Hanley Associates, Cambridge, Mass.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains