... compete directly with department stores," UBS analysts wrote. "We expect department stores to close locations as challenges persist." Another reason that department stores might close is ...
... by retailer Marks & Spencer will take the amount of department store space on Oxford Street being converted to offices to ... just how far out of favour department stores have fallen with consumers: These are the flagship stores of companies that are among the ...
... spaces are filled. But while mall REITs continue to struggle, department stores Macy's and Dillard's posted healthy fourth-quarter results ...
Department stores need to close down shop at hundreds of ... Advisors.The real estate research firm says around 800 department stores must close—that’s nearly a fifth of all ... needs to close 300, or 43%, of its stores to regain the sales per square foot it had ...
... the statistics, the number of UK department stores fell from 240 in 2009 to 180 ... 2021; or is down from 467 department stores in 2016, plunging to 79 in 2021 ... stats are debatable, the conclusion is not: Department stores are on the canvas after Debenhams, BHS ...
... Macy’s Backstage, usually situated within existing Macy’s department stores, is the retail brand’s discount store. The ... the Chicago area. Chicago-area mall department stores have been shuttering their stores for decades, with many being redeveloped into ...
... Amazon's concept would be much smaller than traditional department stores, more in line with smaller-format offerings rolled ... WSJ reports is still in preliminary planning phases. Department stores have seen their fortunes hurt by contemporary changes in ...
... the closure of all 124 remaining Debenhams department stores. Some Debenhams stores are already on the path to a ... Reimagining Retail report said. “Vacant retail units and department stores offer relatively larger units in prominent locations, which provides ...
... . “The only certainty is that there will be far fewer department stores in the future and malls will need to adapt,” Green ... landlords won't be confined to a surge in vacant department stores, but will also include the triggering of co-tenancy clauses ...
... sector escape its current travails. Of all sectors of retail, department stores seem to have adapted most slowly to the changes in ... space for other uses. That conversation presupposes that department stores no longer have a place in the retail world. Radice ...
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