proptech consultancy NextRivet

Let's Talk!

    PropTech Newsletter: The Week In News, But Shorter

    June 16 - 21, 2026


    View this email in your browser



    The Week In News, But Shorter
    June 16 – 21, 2026

    A Weekly PropTech Newsletter bringing you industry updates from across the real estate spectrum

    JLL’s recent announcement of their Retail Solutions Group was a call back to something we worked hard on in our former roles at Westfield Labs, when for a brief stint we were called Westfield Retail Solutions. Now this was almost 10 years ago and while that group no longer exists, it’s no surprise  that the need for a comprehensive retail partner across properties does. A partner that can help guide retailers through from innovation to execution, and scale that across properties is a major value add that can’t be denied. The key to success however, is having the right technology, platforms and teams in place to deliver results. Thinking about your own Retail Solutions Group? Let’s chat!

    Headlines that also caught our attention this week included how physical locations are helping some retailers grow e-commerce sales, what the next era of SaaS might look like, and what gas prices have meant for mall foot traffic. We’re over on LinkedIn – don’t forget to give us a follow!

    Digital Meets Physical

    AI shopping agents are coming. No one is ready for them [FortuneWhile plenty of people are using AI models to help discover products they might want to buy, a customer cannot easily get an AI agent to complete a purchase on their behalf due to security protocols, a lack of agentic commerce standards, and retailer policies that have sought to block third-party shopping agents.

    Tractor Supply taps AI to help scale last-mile delivery network [Supply Chain DiveGrowing Tractor Supply’s in-house delivery operations has required adjustments and improvements aided by artificial intelligence.

    Aritzia is achieving double-digit e-commerce growth in new markets, amid sped-up US store expansion [GlossyAritzia’s new U.S. stores are lifting online sales for the brand. It presents a strong case for opening stores at a time when retailers are scrutinizing the profitability of new locations. For consumers, stores are increasingly becoming the first brand touchpoint. 

    AI forces retailers, brands to rethink their product pages [ModernRetailLeaders across e-commerce are transforming how they approach designing product pages to be more discoverable to AI agents like ChatGPT, Claude and Gemini. Retailers and brands are working to make their pages more readable by the bots that scrape websites for information to be presented back to consumers on ChatGPT or other AI agents.

    DoorDash lets customers use photos, prompts to order food and book reservations in latest AI push [CNBCDoorDash launched a new chatbot that lets users order food and groceries and make reservations with photos and prompts. It’s a market that’s becoming a major testing ground for agentic AI tools.

    The Mom-and-Pop SaaS era has arrived [Elena’s Growth ScoopSo many stories about AI focus on developer productivity or replacing developers altogether. And sure, non-technical teams can launch their own stuff. But that framing misses the bigger shift. The real change is what type of software is now getting built.

    PropTalk

    JLL debuts new Retail Solutions Group [Chain Store AgeJLL is launching a new wing of its business to help retailers expand their physical footprints. The firm’s new Retail Solutions Group (RSG) will serve as a “comprehensive partner” for retail brands at every stage of their evolution, including concept development and strategic planning.

    Why Starbucks thinks smaller stores will translate into more growth [NRNStarbucks believes it can get bigger by getting smaller. Specifically, the coffee shop giant wants 5,000 more locations in the U.S., and believes that it knows the markets where it can open those units. But the locations it plans to open will be smaller than those it has historically opened.

    Placer.ai: Despite high gas prices, mall visits continued to rise in May [Chain Store AgeThe mall’s increased focus on new dining, entertainment, and fitness tenants is paying off. In its just-released May 2026 Mall Index Report, Placer.ai reports that traffic growth accelerated across all mall formats — even though their wide-ranging customer bases are paying a lot more for gas to arrive in mall  parking lots than they did last May.

    Why malls are making a comeback in Las Vegas — and Gen Z is driving it [VegasBusinessIn Las Vegas and across the country, many malls are finding new life by reinventing themselves as destinations for entertainment, dining, fitness and community experiences — a transformation that industry experts say is being fueled in part by Generation Z.

    Trane Technologies Built a Lab to Figure Out What AI Can Actually Do for Buildings [PropmodoTrane Technologies is one of the largest building systems companies in the world. Its AI systems have been deployed across more than 68,000 commercial buildings on five continents. The company acquired BrainBox AI in January 2025, incorporating its AI-powered autonomous HVAC controls and generative AI building technology into its broader product portfolio.

    Centennial takes over third-party management of Paramus Park [Chain Store AgeCentennial, which both owns malls and operates other developers’ malls, has picked up a third-party management contract for Paramus Park mall — one of the original properties that turned the Northern New Jersey town of Paramus into a suburban retail command post.

    Forward Forward

    Twitter

    LinkedIn

    Website

    Copyright © 2026 NextRivet, All rights reserved.

    You are receiving this email because you opted in via our website.

    Our mailing address is:

    NextRivet

    1315 Rimer Dr

    Moraga, CA 94556-2549

    Add us to your address book

    Want to change how you receive these emails?
    You can update your preferences or unsubscribe from this list.


    Most Recent Articles

    22 Jun
    PropTech Newsletter: The Week In News, But Shorter

    JLL’s recent announcement of their Retail Solutions Group was a call back to something we worked hard on in our...

    Read More
    15 Jun
    PropTech Newsletter: The Week In News, But Shorter

    Malls across the US staging big World Cup activations; from multiweek fan fests and watch parties to branded pop‑ups, food...

    Read More
    8 Jun
    PropTech Newsletter: The Week In News, But Shorter

    A recent CoStar article addressed how one strong relationship helped bring Amazon into the mall space.

    Read More

    FREE INSIGHTS!

    A must read for shopping mall, mixed use and office property owners.

    A Weekly PropTech Newsletter bringing you industry updates from across the real estate spectrum. Subscribe now!