... 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 ...
... , especially rural areas, that lack grocery options. By contrast, department stores have been on the skids for years, and 2018 wasn ... whose origin goes back to the late 19th century. Department stores weren't the only retailers suffering in 2018 as consumer ...
... be different, HDH claims. “The whole idea of department stores anchoring retail developments is now questionable,” HDH Director Jonathan ... way for a new style of shopping centre without department stores, stores they do not need if they can attract viable ...
... is the food sector. And “concept stores” — stores which curate products from multiple brands, like mini department stores, are a growing part of the ... buy” element for brands. Brands can rent space in concept stores for as little as £20 a day, Farr said. ...
... half of U.S. shopping center space is leased to department stores, which typically pay low rents per SF. As a result ... to gain significant opportunities to monetize that vacated space as department stores go out of business, according to JLL’s latest retail ...
... past six years GGP has redeveloped 115 former department store anchors to keep a vast offering of ... made GGP's malls the modern version of the department store, Reuters reports. "We've done this 115 ... centers better, which is to acquire department stores."
... the top floors of several of Hudson Bay's 480 department stores into office space, the New York Post reports. WeWork ... to redefine the traditional department store by extending those communities and drive additional traffic to our stores, particularly as we ...
... number of factors are conspiring to put pressure on department stores, but the metaphorical bottom line is their literal bottom ... lines are suffering. Sales have consistently dropped in department stores for a number of years. The latest retail sales ...
... products cheaply) have taken sales away from department stores, forcing many to close stores and issue massive layoffs, and experts do ... 6% to 8% this year, Retail Dive reports, while department stores' sales continue to limp along. Among the various off- ...
... Some e-commerce companies are refurbishing old supermarkets or department stores because they have delivery zones and were designed with ... Chinese e-commerce giant Alibaba has snapped up both department stores and supermarket chains and used them as part of ...
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