Alexandria Continues 'Mega Campus' Strategy In San Bruno
... was not disclosed. Alexandria already owns the JCPenney and Sears department stores at the mall; together, the sites can support 1.3M ...
Feb 01, 2022
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The Philly Region Is Resisting Retail's Closure Wave
... into a cancer center, Brickner said. The decline of department stores has hurt secondary and tertiary shopping centers far more ... , the region is still densely populated enough that closing department stores can be considered a positive, due to the nature ...
May 07, 2018
News
Beyond Sales Numbers, What Are You Going To Watch For The Most On Black Friday?
... following formats: 53% department stores, 51% discount stores, 44% grocery stores, 34% clothing/accessory stores, 23% electronic stores and 23% small/local ... or human-factors perspective. For example, closing stores for the day so associates can spend time ...
Nov 19, 2019
News
Trump's New Tariffs Will Hurt Retail's Most Vulnerable Areas
... to reinvent their brick-and-mortar stores and supply chains. Of all retail types, department stores will likely have the most ... inventories and products on the Section 301 tariff list. Department stores have been hit the hardest by changes in consumer ...
May 13, 2019
News
Owners Nationwide Say They Support Protests Despite The Damage To Their Properties
... hitting Gold Coast boutiques like Versace and Dior and major department stores like Macy’s, the city closed off much of downtown ... unfortunate moment in our history.” While the New York Police Department doesn’t yet have data on how many commercial properties ...
Jun 01, 2020
News
Gen Z: New Hope For Struggling Malls?
... going to a physical store. They tend to prefer discount department stores, however, at least for apparel and personal care products, ... surveyed (58%) by A.T. Kearney said shopping in stores allows them to disconnect from the digital world, especially the ...
Dec 11, 2019
News
New Plans For Lakeforest Mall Redevelopment Call For More Than 750 Units
... 47-acre core, which didn't include the four anchor department stores. Only one of the anchors, Macy's, remains open, while ... closed since last year's acquisition. Many of the inline stores are still open. Gaithersburg in August placed a 12-month ...
Nov 03, 2020
News
Struggling Anchor Tenants Still Embracing Dated Covenants To Fight Mall Redevelopments
... in those plans. Having been established decades ago when department stores were the main customer draw, the contracts still give ... because of REAs that have given the power to its department stores, which include Macy’s, JCPenney and Sears. According to ...
Sep 26, 2017
News
EXCLUSIVE: TJX Cos. Buys Office Building Near HQ For $120M
... 17,000 in Massachusetts across corporate offices, retail stores and distribution centers. Meditech did not respond to Bisnow ... of future growth. Rather than buying clothing from other department stores, the TJX business model includes buying goods directly ...
Sep 23, 2019
News
Landlords 'Are Sitting There With Their Mouths Watering' When Big-Box Tenants Leave
... are looking for 30K SF or more." That means spacious department stores can be reconfigured to house multiple tenants. That is ... huge windfall," Bornstein said. "I don't think those [department] stores have been helping the shopping centers or the adjacent ...
Jan 24, 2018
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