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March 16, 2011
  Volume 13 - Number 11
Streamlining the Business of Commercial Real Estate
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In This Issue
A Lesson from Japan
Hot Deals/Leads
Featured Internet Site
Past Newsletters
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TOP OF THE WEEK TO YOU!
(by realwired! CEO, Brenda Dohring Hicks)Brenda Dohring Hicks

Top of the Week to You! is designed to offer the inside scoop and latest of what's important in the world of technology as it relates to the commercial real estate industry.

A Lesson from Japan   

A while back, I wrote about a reliable survey which indicated that 80% of companies surveyed said they offered great customer service, yet customers said they only get great customer service 8% of the time.  Hmm, seems to me a zero is missing.  That's a big, big disconnect.   So it got me thinking that maybe I'm just getting old and cranky and no one really cares about customer service these days.  Do we have a lack of humbleness that is brought about by our culture (not blanket behavior) of rugged individualism?  Has it led to a lack of service and politeness to those we interact with?

 

I know these thoughts are coming into my head as we all try to get our heads around the tragedies occurring in Japan.  Japan is a culture of politeness and cooperation and the world is watching it in action.  There is little anger, no looting and neighbors are not only helping in the extreme circumstances, they are cutting back on their own energy use to limit the need for rotating blackouts and more widespread lack of service for others.

 

So I started to think about the goal that politeness, or lack of it, plays in customer service.  Have we decided that it isn't necessary to be polite?  When I think of politeness, I think of the practical application of good manners and even etiquette.  Now there's a word we don't hear used frequently.  I know from the little study I've done of cultural human nature, what is considered polite in one culture can sometimes be quite rude in another or at least eccentric.

 

Have many companies decided that to be seen as cutting edge and successful, politeness is an old fashioned way to act?  I hope not.  I'll bet you think much like me. So where does this big disconnect between companies thinking they give good service, which must have a politeness component in there, and customers thinking they're not being treated well?  Could all of us who run companies and work in service related positions focus less on our sense of individualism and put some emphasis on politeness and cooperation?   After all, the goal of politeness is to make all of the parties relaxed and comfortable with one another, which should make for good business shouldn't it?  I know that it really comes in handy in my world when introducing new ways of doing things in a company to gain efficiencies.

 

So as we all have Japan on our minds this week, maybe there are lessons for us.  I hope my thoughts here generate talk around the coffee machine.  I'll leave you with this quote from an unknown source.  "A humble mind is the soil out of which thanks naturally grow.  A proud man is seldom a grateful man, for he never thinks he gets as much as he deserves."  Somehow it seems fitting for us as we turn our thoughts, hearts and wallets to help Japan.

 

Click here to join our blog discussion or simply shoot me an email when you get a chance.

Hot Deals/Leads

A.M.B. International trades as Claire Murray at 15 locations throughout FL, MA, MD, ME, RI, SC and VT. The stores, offering rugs and home accessories, occupy spaces of 2,000 sq.ft. in endcap spaces in specialty centers, as well as freestanding locations. Growth opportunities are sought throughout the southern U.S. during the coming 18 months.  For more information, contact Garrett Ames, A.M.B. International, PO Box 390, Ascutney, VT 05030; Web site: www.clairemurray.com.

General Paint Corp. trades as General Paint at 80 locations throughout Canada. The paint stores occupy spaces of 4,000 sq.ft. in strip centers and freestanding locations. Growth opportunities are sought throughout Ontario, Canada during the coming 18 months. Typical leases run five years with one, five-year option. Preferred demographics include a population of 100,000 within a five-mile radius.  For more information, contact General Paint Corp., 950 Raymur Avenue, Vancouver, British Columbia, Canada, V6A 3L5; Web site: www.generalpaint.com.

Tuesday Morning, Inc. trades as Tuesday Morning at 854 locations nationwide. The stores, offering rugs, lamps, books, luggage, china, toys, bed and bath accessories, holiday decorations and accessories, garden accessories, stationery, women's accessories, dinnerware and fine art and frames, occupy spaces of 8,000 sq.ft. in entertainment, lifestyle, power, strip, tourist and value centers, malls, freestanding locations and urban/downtown locations. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with two, five-year options. A vanilla shell is required. Preferred demographics include a population of 100,000 within a five-mile radius.  For more information, contact Tuesday Morning, Inc., 6250 LBJ Freeway, Dallas, TX 75240; Web site: www.tuesdaymorning.com.

Retail Brand Alliance, Inc. trades as Brooks Brothers and Brooks Brothers Factory Stores at 200 locations nationwide.  The men's apparel stores occupy spaces of 2,500 sq.ft. to 9,000 sq.ft. in lifestyle centers, malls and downtown areas.  Growth opportunities are sought nationwide during the coming 18 months.  The company prefers to locate in affluent markets.  For more information, contact Retail Brand Alliance, Inc., 100 Phoenix Avenue, Enfield, CT 06082.

Finish Line trades as Man Alive at 90 locations throughout AL, FL, GA, IL, IN, KY, LA, MD, MI, MO, MS, NC, OH, OK, PA, SC, TN, TX and VA.  The stores, men's and women's offering streetwear and accessories, occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in malls.  Growth opportunities are sought throughout the existing markets during the coming 18 months.  For more information, contact Chad Edmundson, Finish Line, 3308 North Mitthoeffer Road, Indianapolis, IN 46235; Web site: www.manalive.com.

Chicago Franchise Systems, Inc. trades as Al's Italian Beef and Nancy's Pizzeria at 62 locations throughout GA, IL and IN.  The restaurants occupy spaces of 1,200 sq.ft. to 6,000 sq.ft. in freestanding locations and strip centers.  Growth opportunities are sought throughout AZ, CA, FL, GA, IA, IL, IN, MI, OH and WI during the coming 18 months.  Typical leases run 10 years with two, five-year options.  For more information, contact Eileen Holly, Chicago Franchise Systems, Inc., 8200 185th Street, Suite J, Tinley Park, IL 60487; Web site: www.nancyspizza.com

 

Like these leads?  Want More?  Go to the Dealmakers website for a Subscription. Dealmakers, the nation's weekly news source on retail real estate.

Featured Internet Site of the Week

Howcast  

Howcast is a website that provides instructional short-form how-to video and text content that combines practical information with various filmmaking techniques.