Retail’s new sweet spot: A new breed of tenant is building business both on and offline

A new breed of tenant is building business both on- and offline — with a very curated approach to real estate
By Subrina Hudson | June 01, 2017 09:45AM

Sugarfina’s mini 200-square-foot store in New York City’s Time Warner Center has sales of more than $4,000 a square foot

From the retail issue: Why endure the weeklong pain of a cold-pressed juice cleanse when there’s now a seven-day gummy bear cleanse?

The tongue-in-cheek confection — “green juice” gummy bears packed inside Pressed Juicery bottles — is the love child of Beverly Hills gourmet candy shop Sugarfina and Santa Monica juice maker Pressed Juicery.

It was a hit when it launched last month in Sugarfina stores and online. The special gummy bear cleanse package sold out in three hours, with a wait list growing to more than 300 after its first day on the market. [more]