... investors to head for the door in a rush. The department store's stock had its worst day ever, losing ... a strong case to be made that department stores are suffering from increasing obsolescence. "Department stores, as Baby Boomers and Generation X came ...
... . Before the novel coronavirus, electronics sales at physical stores had been seeing sluggish growth or even contraction. In ... favorably with the sour fate of most clothing or department stores, which are usually deemed nonessential and thus are shut ...
... development, more mixed-use and taking back space from struggling department stores. And he defended the deal — which created a company with ... London where we can’t wait for some of the department stores who have been in the news to vacate,” he said ...
... three years. Most of that space is current or former department stores being converted into offices.
... suffered from the demise of traditional retail, with multiple department stores closing and a shopping mall going through foreclosure, but ... draw. It can be a great place without having four department stores." The team plans to invest around $100M in the ...
... this year and closed 35 of the company’s 125 stores, including that one on Tottenham Court Road. Owners of retail ... fill some of the big holes being left by the department stores and flagship units that have become vacant, particularly as a ...
... circulating that Amazon wanted to nab the retailer's stores and distribution assets out of bankruptcy to build its ... activity as opposed to traditional suburban department stores. Penney's closed over 150 stores over the summer after announcing Chapter ...
... earnings reports for Q1, reflecting the ongoing woes of the department store sector. Nordstrom experienced a 3.4% drop in ... expect to be a significant traffic driver to our stores," she said. Department stores will need to do more to drive traffic, ...
... struggling big-box retail spaces, turning vacated Simon mall department stores into e-commerce distribution centers. The rumors emerged ... e-commerce orders from their stores. So, they are fulfilling [orders] from their stores, and they are also [relying ...
... was not disclosed. Alexandria already owns the JCPenney and Sears department stores at the mall; together, the sites can support 1.3M ...
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