... 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 ...
... filed bankruptcy and plans to close 400 stores due to slumping sales and fierce e- ... close about 10% of its 4,000 stores. As part of its reorganization plan, the ... 304/SF as of October, while traditional department stores like Macy’s pulled in $158/SF in ...
... retailer Anthropologie has begun rolling out large-format department stores, and it is bringing its eighth iteration of the ... café with outdoor dining. The first Anthropologie & Co. department store opened last fall in Walnut Creek, California. Bethesda ...
... Q3, includes 103 Galeria Kaufhof stores in Germany, 16 Sportarena stores, 16 Galeria Inno department stores in Belgium, plus logistics centres, ... “exceptional real estate” to become Germany’s top department store. The deal will see the Saks banner introduced ...
... follow, as the retailer reorganizes itself around the remaining stores, the Wall Street Journal reports. The company—which held ... a long list of recent retail store closings, including department stores Sears and Macy’s along with Sports Authority’s recently ...
... whether they like it or not. Larger department stores can call the shots on store hours, ... chains like JCPenney and Macy's. And stores that break mall hours could be subject ... But even if they avoid fines, small stores might not have as much leverage in lease ...
The mass consolidation and closure of top department stores has not only left billions in CMBS loans at risk, ...
... it and the White Marsh and Owings Mills Boscov's stores from a special servicer. Gil points out the markdown: The ... $5.75/SF. Boscov's announced bankruptcy and closed 10 stores back in '08, including these three. (We think ever data ...
... the New York City Police Department and the Department of Consumer and Worker Protection, focused on stores that appeared to target children ... market that will thrive.” Manhattan had the most shuttered stores, with 217 closures, data from the Office of ...
... % of CVS’ sales last year came from the pharmacy department rather than retail, Morningstar Senior Equity Analyst Julie Utterback told ... and consumer buying patterns, the company said. The mini stores will add a different footprint to CVS’ offerings, which ...
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