Occupancy Costs, Key in Location Profitability

ROSEVILLE, CA-“As the economy recovers, retailers and restaurant operators tend to overlook their underperforming stores,” says Jim Haslem, a principal with the real estate and financial restructuring firm Huntley, Mullaney, Spargo & Sullivan Inc. “Even if overall sales are up, companies need to maximize the profits from each location and align the real estate portfolio with the long-term corporate plan.” Haslem recently spoke with GlobeSt.com west coast editor Natalie Dolce on the many ways retail and restaurant operators can increase the profitability of their locations and to sync up their real estate portfolio with a company’s broader objectives. 

Dolce: In what ways can retail and restaurant operators increase the profitability of their locations and to sync up their real estate portfolio with a company’s broader objectives?