Fully Occupied Scoop: April 2024 Newsletter

Last Updated on May 7, 2024 by Amanda Lee

Hi there,

Grab a scoop 🍦 –  Your monthly CRE news roundup has been delivered.

Retail sales in March soared 5.3% year over year, according to Retail Dive, showcasing consumers’ willingness to spend. And the retail sectors thriving the most? Health & wellness, value-based shopping, and eatertainment. 

Amid ongoing economic uncertainty, brands cultivate connections by going beyond discounts. Authentic engagement, exceptional product experiences, and catering to the demand for personal care are powerful tools to resonate with shoppers.

 ♻️ The 2024 Retail Ecosystem

Health & Wellness a Top Splurge Category for US Consumers

Health & wellness fall into the top two categories where consumers show interest in splurging. In fact, Gen-Z plans to spend disposable income (32%) in 2024. Retail Insight Network

Shopping Survey Reveals Mindful Spending Trends in 2024

According to Salsify’s “2024 Consumer Research” report, 39% of shoppers are prioritizing budget-friendly options and 35% are focusing on essentials. Salsify

The Rise of Eatertainment

78% of Millenials would rather spend their money on eatertainment experiences than on material items and 27% of Gen Z want more games and entertainment from restaurants, so there’s a large potential for increased restaurant revenues. RestoBiz

🍦 So, What’s the Scoop?

Consumer trends highlight a shift towards mindful shopping and prioritizing engaging brand interactions, where authenticity plays a vital role. This emphasis on experiences over physical goods, intensified by pandemic lockdowns, underscores the importance of relatable connections and high-quality content in driving purchases.

We ❤️ ICSC LAS VEGAS

If you’re heading to ICSC LAS VEGAS, come visit our team at Booth #945W!

🌟 OCP Employee Spotlight

Get to know Lauren from our Finance & Accounting Team

Why do you love working at Occupier?
I love working at Occupier because it’s filled with amazing people and a mission that really speaks to me. Every day, I get to make a real difference in the lives of accountants. And since this hits close to him, it makes every challenge worthwhile and every success sweeter.

What is your favorite memory at Occupier thus far?
Whenever our entire team gathers for brainstorming sessions and events it is always memorable. There’s a unique energy and camaraderie during these gatherings that make them not only productive but also incredibly enjoyable.

What is your favorite thing to do outside of work?
Outside of work, I’m pretty laid back. I enjoy walking my dog, Riley, firing up the grill on our Blackstone, and hitting the road to explore new places.

What’s your favorite movie of all time? 
Without a doubt, my favorite movie is Miracle. No matter how many times I watch it, it never fails to bring tears to my eyes. “If they played us ten times, they would win nine… but not tonight!”

What travel destination would you recommend? 
If you’re looking for a charming summer spot, check out Angola on the Lake near Buffalo, New York. I spent many summers there growing up. It’s nostalgic with beautiful sunsets and the best hot dogs from Connors – a perfect slice of summer.

What’s the best piece of advice you’ve ever received? 
One piece of advice that’s stuck with me is “You don’t have to do it. You get to do it.” It reminds me to see the privilege in every task and the opportunity in every challenge.

Check out Lauren’s takeover on our Instagram Story!

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