Retailers take steps to compete in changing market Justine Griffin/Sarasota Herald-Tribune For decades, Southwest Florida shoppers have been limited to a few concentrated options: the Southgate, Sarasota Square and DeSoto Square malls, Main Street in Sarasota, St. Armands Circle and the lengthy stretch of Tamiami Trail. But during the past five years, a shift has […]
Archives for 2013
Tampa Saks to close in 2 weeks
Tampa Saks to close in 2 weeks Justine Griffin/Sarasota Herald-Tribune Saks Fifth Avenue will close its WestShore Plaza store in Tampa in two weeks, a move that will elevate the importance of the luxury chain’s Sarasota store among Southwest Florida shoppers. The store closing, on May 4, also means the Sarasota store in Southgate Mall […]
Outlet mall on Tulalip Reservation expands
Outlet mall on Tulalip Reservation expands Amy Martinez/The Seattle Times The recession brought to a near-standstill all but one segment of shopping-center development in the past few years: the outlet mall. While developers shelved plans for new full-price shopping centers amid a sharp downturn in U.S. discretionary spending, some stepped up the pace of construction […]
SPECS-ulation About the Future of Retail Real Estate
I recently attended Chain Store Age’s 49th annual SPECS conference where they debuted a brand new Real Estate Development segment. While I always come away from SPECS with plenty to think about, this new track provided some interesting insight into subjects impacting retailers and developers specifically, and I was privileged enough participate in the new […]
Dollar Stores Should Continue to Thrive, But Growth Will Slow Down
Dollar Stores Should Continue to Thrive, But Growth Will Slow Down Elaine Misonzhnik/National Real Estate Investor The recession may be over, but one of its legacies—the popularity of dollar stores—is here to stay, according to retail industry insiders. In spite of slightly decelerating same-store sales growth, dollar stores should remain a viable alternative to discount […]
Boxing Out
I’ve talked a lot about the downsizing trend over the past several months, but lately I’ve begun to wonder at what point we stop looking at this as a trend and begin looking at it as a fundamental shift in the big box and power center dynamic. In my latest Retail Rap column, I examine […]
