COMMERCIAL LEASING STRATEGIES

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J2 Commercial Development

• SPECIALIZING IN
• COMMERCIAL REAL ESTATE
• TENANT REPRESENTATION
• CONSTRUCTION FINISH OUT

https//j2commercialdevelopment.com/
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COMMERCIAL LEASING STRATEGIES
Kohls believes partnering with companies, such
as Planet Fitness and Amazon, will be integral to
cutting costs and rightsizing its stores in
efforts to drive traffic and grow sales. Many
believe this new commercial leasing strategy
could prove to be beneficial. The department
chain, whose locations typically cover more than
80,000 square feet, signed a deal with Planet
Fitness last month to convert as much as 25,000
square feet of commercial real estate at 10
stores into a gym in efforts to double down on
its active and wellness initiative.
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Kohls has plans to expand active wear and
wellness products, including golf apparel and
Fitbit wearables. As the gym concept grows, the
company expects gymgoers will also walk next door
to pick up workout gear and enjoy As opposed to
lamenting the impact that Amazon has had on
retailers across the country, Kohls is working
to adjust to the times through its pilot with the
internet giant. Kohls recently announced it will
stretch its relationship with Amazon, including
selling devices like the Echo and accepting
Amazon return items for free, in 200 stores.
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The retail and marketplace behemoths first
launched their partnership in 2017 with Amazon
kiosks in 10 locations around the Los Angeles and
Chicago areas. Earlier this year, Kohls began
testing another health concept with WW the
newly-branded Weight Watchers to create a
1,800-square-foot studio for wellness activities
in a Chicago store. These partnerships and
removing low-selling products to focus on
top-selling goods are ways that Kohls is looking
to stave off declines that have hit the retail
industry, including other department stores such
as Macys, J.C. Penney, and Sears. Kohls is
still confident that the consumer is strong.
Besides a sales blip in February that a plethora
of retailers blamed on poor winter weather, they
are still optimistic about the rest of the year.
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CONTACT INFORMATION
J2 Commercial Development 11625 S Custer Rd,
Frisco, TX 75035 Email ID info_at_j2commercialdevel
opment.com Phone No 1 972-984-7555 Website
https//j2commercialdevelopment.com/