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Evolution of Open-Air Shopping Centers: From Selling Products to Experiences

Collage including two girls doing ballet, a dog getting a bath, and a tailor looking at clothes with a customer

By Chris Ressa, CLS, Executive Vice President & Chief Operating Officer It is no secret that shifting consumer demands and shopping patterns are jump-starting massive transformation in shopping centers. Such retail evolution has reshaped the role open-air shopping centers play in consumers’ lives. In the past, most people went to shopping centers to purchase necessity … Read more

DLC Management Presents the Retail Retold Podcast !

Exciting News Everyone – DLC now has its very own podcast! The Retail Retold Podcast presented by DLC Management Corp. takes you on an informative and entertaining journey as host – DLC’s Chief Operating Officer Chris Ressa and guests tell the story of how that store ended up in your neighborhood. Join us as we explore the … Read more

Off-Price Retailers are Flourishing and Here’s Why

Ross Dress for Less at Levittown Town Center

At a time when traditional department stores are floundering, off-price retailers are thriving. According to an industry report, roughly two-thirds of consumers who shop for clothes do so at off-price retailers. No wonder brands like T.J. Maxx and Ross are continuing to build a loyal fan base. According to Placer ai, an advanced foot traffic … Read more

Burlington Stores Grand Opening at The Village at Allen

Ribbon cutting ceremony at Burlington Store at The Village at Allen

The grand opening of Burlington Stores at The Village at Allen was filled with festivities and excitement. The ribbon-cutting ceremony brought together local officials, community members, new store associates, and DLC Management to celebrate the new store and job creation. This new Burlington store has hired approximately 60 associates. Local residents were invited to the … Read more

Collaboration Precedes Any Successful Acquisition

A man working at his desk while a colleague stands nearby

By Greg A. Oshins, Vice President of Acquisitions Targets for potential acquisitions come from a wide variety of sources. In other words, the acquisitions team must utilize any and all means available to them to find opportunities. In many ways, it’s not dissimilar to retail leasing, or more broadly, to lead generation in any industry. … Read more

New Retail Categories, New Scope of Legal Research

Children and parents on a colorful train ride

By Sarah Merkel, VP and Associate General Counsel & Justine Collins, Legal Research Manager The Shopping Center industry is evolving. Retailers are being joined by different types of uses such as entertainment/amusement, health clubs, medical offices, educational facilities, and restaurants within shopping center properties. Additionally, shopping center owners are trying to maximize value by developing … Read more

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