It’s no secret that the face of retail has changed significantly over the past 10-plus years. Gone are the days of cluttered clothing racks, the pandemic made online shopping boom. But don’t discount brick-and-mortar businesses just yet. In-store shoppers want something more than traditional retail, and developers are thinking creatively about how to get people on their … [Read more...] about The Rise of Experiential-Based Retail in Nevada
Features
Parent’s RightsSome Things Shouldn’t Involve the Village
When I first heard the idea that children don’t belong to their parents, but rather to the community, I passed it off as far-left nonsense. That was in 2013 with the following quote, “We have to break through this idea that kids belong to their parents, or kids belong to their families,” by Melissa Harris-Perry, a commentator for MSNBC. Then, last year, while running for … [Read more...] about Parent’s Rights
Power Poll 2022Change: The Only Constant
In March 2003, Nevada Business Magazine (then Nevada Business Journal) sent, via snail mail, survey forms to several hundred business leaders in the state and asked them to participate in what would become an annual tradition: the “Power Poll”. Twenty years later, much has changed. But, as philosopher Heraclitus once said, “Change is the only constant.” Now the survey is sent … [Read more...] about Power Poll 2022
Keep WatchFinancing in Nevada
Financing in Nevada is on the move and, even experts agree, where it’s headed is anybody’s guess. With the Fed recently increasing interest rates and a noticeable spike in inflation, financial experts and Nevadans alike are paying close attention. “Depending on what the two variables do – inflation and interest rates – it will have some impact on every industry. [That … [Read more...] about Keep Watch
Industry FocusProperty Management
Many industries are facing significant changes due to the shifts in how professionals work after COVID. On the forefront of many of those changes is property management as they are responsible for maintaining the workplaces of Nevadans. Recently, leaders in property management met in a virtual roundtable, sponsored by City National Bank, to discuss the challenges their industry … [Read more...] about Industry Focus
Nevada Business Awards2022
Nevada Business Magazine, along with corporate sponsor Nevada State Bank, is honored to recognize and support Nevada businesses for their hard work. Congratulations to all of this year’s finalists. The Judges A special thank you to the distinguished panel of judges for their work in identifying this year’s finalists out of hundreds of nominees and for the unenviable … [Read more...] about Nevada Business Awards
Transportation in NevadaChallenges and Opportunities
Supply chain issues have dominated headlines in 2022. Everything everywhere seems to be backordered, backlogged, or just unavailable. But what’s broadly referred to as supply chain issues are often labor shortages, manufacturing shortages and even shortages of trucks and trailers necessary to transport everything. Sometimes supply chain issues are really logistics … [Read more...] about Transportation in Nevada
Education Needs HelpAnd Parents Need Options
There seems to be one issue Nevadans can all agree on to some degree – education needs to improve, the health of our state depends on it. However, how to improve education is an issue that has been hotly debated and those debates tend to fall along party lines. You may recall in 2015 the Legislature passed, and then-Governor Brian Sandoval signed, Senate Bill 302, which … [Read more...] about Education Needs Help
Healthcare Check-UpThe Technology and People that Keep Nevada Healthy
In 2021, estimated revenue from the U.S. healthcare industry was $2,709.9 billion. The industry focused on medical technology, research and innovation. Hospitals spend more than $852 billion on goods and services annually and generate more than $2.8 trillion in economic activity. Those numbers provide the big picture. At a granular level, the goal of healthcare is to keep … [Read more...] about Healthcare Check-Up
Industry FocusCommercial Brokers
Two years into the pandemic, the commercial real estate (CRE) industry has undergone several changes and leaders in the field are learning that flexibility is key. Although, each submarket was affected differently by COVID the outlook from leaders is positive. Recently, executives representing CRE in Nevada met virtually in a roundtable, sponsored by City National Bank, to … [Read more...] about Industry Focus
Business FirstBuying, Selling and Running a Business
It’s no secret, running a business is challenging. For entrepreneurs throughout Nevada, navigating the complexities of day-to-day operations, as well as what to do when looking to buy or sell a business, can be overwhelming. In fact, even knowing where to start with many business matters can be daunting to the uninitiated. To help business owners and decision makers navigate … [Read more...] about Business First
City of HendersonOpening New Doors
Henderson is growing and with it, doors of opportunity are opening like never before. Once illuminated only by the lights of Las Vegas, Henderson has become a powerhouse of technological innovation, workforce developments and a unique community that stands all on its own. As Nevada ushers in new business from other states, Henderson is opening its doors and becoming the … [Read more...] about City of Henderson
Multifamily in NevadaDemand Outspaces Supply
Nevada continues to be one of the fastest growing states in the nation. The downside to population growth is the inability of the multifamily commercial real estate market to keep up with demand for space, leading to rising rents and increased values for buildable land. “From a housing perspective, apartments, condos and housing, right now there is a significant shortage of … [Read more...] about Multifamily in Nevada
Mission WarLas Vegas Wants Nonprofit’s Land
CARE Complex is a nonprofit dedicated to eliminating homelessness in Downtown Las Vegas. The organization was established in 2005. In 2014, CARE purchased a foreclosed property in the city’s “Corridor of Hope” – a prime area to help those burdened with homelessness. Three years later, in 2017, the City of Las Vegas opened the Courtyard Homeless Resource Center next door to … [Read more...] about Mission War
The Economics of EducationFrom K-12 Through Post-Secondary, Nevada’s Schools Level Up
“A lot of [the new economy] is going to be STEM-related, science, technology, engineering, math, this deep interdisciplinary approach that will allow us to be better positioned for jobs in the future,” said Dr. DeRionne Pollard, president, Nevada State College (NSC). Technology is changing every experience and every economy around the world. Data analytics inform every … [Read more...] about The Economics of Education