Kelli B. Grant / CNBC – Companies marketing to millennials have found doing business with this generation is no easy feat. New survey data from Pew Research Center may offer some insight into why: These consumers are markedly different than previous generations. Millennials, whose ages range from 18 to 33 in 2014, are America’s most […]
Archives for March 2014
“Tsunami” of store closings predicted for U.S. retailers
Joan Verdon MCT / Miami Herald – The experts who keep track of store openings and closings have been forecasting for more than a decade that the day was coming when American retailers would have to pay for building way too many stores. That day of reckoning, some say, has arrived, with one retail watcher […]
Nationwide wave of store closings grows
The experts who keep track of store openings and closings have been forecasting for more than a decade that the day was coming when American retailers would have to pay for building far too many stores.
That day of reckoning, some say, has arrived, with one retail watcher predicting a “tsunami” of store closings this year.
Michigan Rising?
The Midwest is always a fascinating case study, but Michigan in particular presents some interesting food for thought. On a whole, the state doesn’t have to deal with some of the overcrowding and store closure issues we are seeing in other markets. A large part of that has to do with its underwhelming growth post-9/11 […]
RadioShack to close 1,100 stores
Jennifer Sheehan/The Morning Call—Electronics chain RadioShack Corp. announced Tuesday that it plans to close up to 1,100 stores across the country thanks to plunging sales. The planned closures would leave the Fort Worth, Texas company with more than 4,000 stores, including more than 900 dealer franchise locations, its chief executive officer said. According to the […]
Demographics lay out case for locating Whole Foods at Tempe high-rise project
Last week, local retail expert Jeff Green, president of Jeff Green Partners, weighed in on the multimillion-dollar high-rise apartment project going up in downtown Tempe. The development has a letter of intent from Whole Foods to occupy a retail space. Such a move would fill a void in the Mill Avenue area for a grocery store.
