Suzette Parmley/The Philadelphia Inquirer – Even as Sears Holdings Corp. announced 66 more store closings this week, experts say more are in the offing. Sears’ announcement involve 49 Kmart and 17 Sears stores nationwide. Three are in South Jersey: a Sears in Vineland, and Kmarts in Mantua, Gloucester County, and Manahawkin, Ocean County. Three Kmarts in […]
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The mall isn’t dead. It’s alive and well in Tampa’s Hyde Park Village
Justine Griffin/Tampa Bay Times – With shops like Restoration Hardware, Williams-Sonoma and a Jacobsons department store, Hyde Park Village used to be the mainstay of luxury shopping in Tampa. Its charming open-air streets and slew of high end restaurants and boutiques made it the shopping destination in the entire Tampa Bay region. But when International Plaza […]
Retailers in control at RECon
For retail professionals, the International Council of Shopping Centers’ Spring RECon Convention in Las Vegas is the highlight of the year. There’s always so much to take in, and every year comes with its singular storylines. Here were some of the more dramatic ones at play convention floor: Food-focused foot traffic The overall volume […]
The Squeeze from Bottom-Up, Top-Down
At a time when store closings and consolidations are dominating the headlines, understanding the underlying industry dynamics also requires paying close attention to new store openings. Brands that are expanding their footprints are providing a revealing look at how consumer shopping patterns, priorities and preferences are evolving. In turn, this shows what might be in […]
Struggling Sears offers space in 2 Austin stores to other retailers
Gary Dinges/Austin-American Statesman – With sales continuing to sag, struggling retailer Sears is trying to bring in extra cash by leasing out large chunks of its stores to other retailers, such as Austin-based Whole Foods Market. In Austin, Sears is currently offering up half the space at two of its stores – if the price is […]
Bricks & Mortality
Mallory Bulman/Commercial Property Executive – Amazon founder Jeff Bezos has said that he named his company after the great river, the largest in the world, hoping to emulate its power. Now ranked by Forbes as the world’s eighth-largest retailer, Amazon.com is living up to its name. Amazon founder Jeff Bezos has said that he named his […]
