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Bose,_Trinity_Leeds_(1st_December_2017)
News

The Internet Ate Its Lunch: Bose To Close 119 Stores

... number of consumers who buy electronics. U.S. electronics stores have been particularly susceptible to the slings and arrows of ... category to lose ground year-over-year that month (department stores were the other loser) despite an overall strong economy.

Jan 16, 2020
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Levi's flagship store on Regent Street
News

Levi's Opening 100 More Retail Stores As Its Wholesale Numbers Drop

... store. Bergh blamed the overall softness in U.S. department stores and chains, primarily due to the well-known downward traffic ... sales — including from the company's website and its physical stores — were up 10% worldwide. In the Americas, net revenue ...

Oct 27, 2019
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Sears
News

Landlords Are Re-Leasing Sluggish Department Store Spaces At Four Times The Rent

... were replaced with food and dining tenants, 18% became department stores and 14% were entertainment venues. “We’re seeing a ... shift in consumer tastes. The things that department stores have traditionally sold people, now the new generation, ...

May 04, 2017
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Lord & Taylor's flagship store at 424 Fifth Ave., sold to a WeWork partnership for $850M
News

Lord & Taylor To Close Fifth Avenue Flagship, 9 Other Stores As Part Of 'Rightsizing'

... of the world's first department stores will close next year. Hudson ... Avenue in early 2019, the Canadian department store company announced Tuesday. The closure ... 2016 for $250M, to a competitor. Department stores have been among the hardest-hit segments in ...

Jun 05, 2018
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store closing
News

More Stores Likely To Close In 2018 Than In 2017

... sectors in contraction mode include consumer electronics, apparel, department stores, media (books/music/video) and sporting goods, most ... closure news is breaking. Even a handful of department stores are weathering the storm. Certain retail sectors are ...

Apr 20, 2018
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Indoor Golf Concept That Takes Vacant Department Store Space Gets Private Equity Backing
News

Indoor Golf Concept That Takes Vacant Department Store Space Gets Private Equity Backing

... opened on Oxford Street in a space previously occupied by department store BHS, which went bankrupt in 2016. The concept, ... a good fit for the large floorplates being vacated by department stores on both sides of the Atlantic. Other leisure and lifestyle ...

Nov 26, 2018
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wedding dress dresses
News

Wedding Gowns: The Obvious Answer To Department Store Woes

... gambling that frothy bridal frocks could help revive the flagging department store market, starting in Manchester. Next have chosen Manchester ... could be part of the answer to the blight on department stores which, in the last fortnight, has seen House of ...

Jun 26, 2018
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Could Hope Float for Anchor Stores?
News

Could Hope Float for Anchor Stores?

... and bought in smaller tenants. Per ICSC's definition, department stores, mass merchants and discount chains to this day define super ... of the blame as consumers ditch middle-of-the-road department stores (Sears, Macy's) for Amazon and its competitors. ...

Jun 10, 2015
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Nine West To Close All Stores, Join Retail's Growing List Of Casualties In 2018
News

Nine West To Close All Stores, Join Retail's Growing List Of Casualties In 2018

... fact that 80% of its sales were wholesale deals with department stores, but those retailers have been among the hardest hit in ... the retailers that will be closing a huge wave of stores in 2018, though its 103 estimated closures pale in comparison ...

Apr 10, 2018
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Macy's, Macys
News

Department Store Shares Plummet As Macy's, Kohl's Report Weak Q1 Same-Store Sales

... reported disappointing same-store sales in Q1 that sent department store stocks plummeting during early morning trading Thursday. Investor ... is waning as shoppers continue to turn from large department stores in favor of online shopping and independent or ...

May 11, 2017
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