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1420 Travis Blvd, Fairfield, California, in 2018
News

4 Former California Sears Stores Trade Hands With Redevelopment Likely On Horizon

Four former Sears stores traded hands from a single seller in ... , a company established in 2015 to manage the department store's retail properties, have been selling off ... shopping season, with fewer than two dozen stores in operation, Bloomberg reported.

Nov 22, 2022
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Former Lombard Department Store Gets New Life As Malls Continue Reinvention Process
News

Former Lombard Department Store Gets New Life As Malls Continue Reinvention Process

... property was last assessed at just over $2M. "As department store buildings around the country become obsolete, communities look to ... malls, struggling to collect rent from tenants that abandoned stores in 2020. The property overcame its debt issues and ...

Sep 28, 2022
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U Village Seattle
News

Amazon Is Closing All Of Its Bookstores And 4-Star Stores In U.S., UK

... Amazon pop-up stores, Reuters reported. In turn, Amazon plans to focus more on its grocery and department store concepts ... moving forward, Reuters reports. Amazon operates 600 physical stores in the U.S., ...

Mar 03, 2022
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holiday shopping
News

Supply Chain Woes Have Pushed Holiday Shopping Earlier And Back Into Stores

... Bisnow. The increase was particularly pronounced among department stores and toy and game stores — two types of retail that traditionally see ... are vacant and how many people are walking around stores. So perception is important with retail, and a ...

Oct 25, 2021
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Debenhams
News

Revealed: The Towns Worst Hit By The Death Of The Department Store

... scheme in Leicester as an example of how vacant department stores can be reconfigured.The store was taken over by  ... will now have to innovate. “The whole idea of department stores anchoring retail developments is now questionable,” Harper Dennis Hobbs  ...

Jun 20, 2018
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London retail
News

Ikea To Buy One Of Britain’s Most Famous Stores For £385M

... talks to buy one of the UK’s most prominent stores for as much as £385M — a big price, but one ... has been the trend of owners of buildings leased to department stores taking back defunct retail space and converting it to offices ...

Sep 09, 2021
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Walgreens
News

Walgreens Plans Hundreds Of Doctor's Offices At Its Stores

... underserved areas/populations, as designated by the U.S. Department of Health and Human Services, according to VillageMD. Walgreens ... Walmart are likewise ramping up healthcare services at their stores, and insurers and hospital systems have been expanding ...

Jul 08, 2020
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Macy's
News

Macy's Kicks Off Revamp Of 50 U.S. Stores In $200M Modernization Drive

...  has begun relaunching stores as part of its Growth 50 program, the Dallas Morning News reports. The department store giant is ... spending more than $200M this year to renovate and modernize 50 of its most well-located stores ...

Oct 28, 2018
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7 West 7th St.
News

Macy’s Closing 120 Stores, Cincinnati HQ As Part Of 3-Year Plan

... environment." The retailer is expected to close 125 underperforming stores in its chain, including 30 already in the process ... new strategy, especially in closing so many additional stores. Closing physical stores removes the brand from the eyes of consumers, ...

Feb 05, 2020
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A Sears store at Eastridge Mall in Gastonia, North Carolina
News

UPDATE: Retail Icon Sears To Close 80 More Stores, Lampert Bids To Stall Liquidation

... , which operates both Sears and Kmart stores, has been credited for pioneering the catalog/department store strategy of selling everything to consumers ...

Dec 28, 2018
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