News

September 11, 2017
The Retail Apocalypse And The Urgent Quest For Remarkable

Some love the "retail apocalypse" narrative. It's great clickbait, makes for captivating keynote speeches and gives consultants a hook to peddle complicated strategic frameworks. Alas, it's mostly nonsense. Physical retail is definitely different, but it's far from dead. The fact is plenty of new stores are opening, many traditional retailers and -... »

September 10, 2017
To Remain The ‘Cornerstone Of American Retail,’ Malls Should Pursue These Tenants

As American malls are forced to adapt in response to changing consumer preferences and the rise of e-commerce, landlords have increasingly turned to healthcare and restaurant tenants to drive traffic. A new CBRE study found that on average, department stores fill nearly half of malls' gross leasable area with apparel, while accessories typically... »

September 9, 2017
Retail group launches Rise Up retail training in Baltimore

David Townes has worked as a cashier for Safeway and Home Depot in the past but has been out of a job, other than temporary positions, since 2012, when he stopped working after a surgery. Hoping to get back into retail, the East Baltimore resident signed up for a pilot retail certification program being offered by Goodwill Industries of the Ches... »

September 7, 2017
Why airport retail is booming

RadioShack is barely walking—but InMotion Entertainment Group, which sells electronics in airports, is thriving. It now has 125 locations and is the 43rd-largest consumer electronics company in the U.S. Newsstands are shutting down—even Harvard Square’s famous Out of Town News is in jeopardy. But Hudson News, many of whose locations are in... »

September 6, 2017
Retail Isn’t Dying, Bad Retailers Are

There has been a lot of talk about the death of retail as more and more people move to online shopping. While the retail industry is facing several challenges, there have been many companies that continue to perform well. In this article, I will be reviewing one example of a retail store that has been able to strive in the current retail envi... »

September 5, 2017
Young People Are Shopping Again At Mall Stores — For A Good Reason

Many store marketers are recognizing that today’s young shoppers are looking for trendy new looks and fabrications, particularly in jeans, and are stepping up to address this demand. Early results have been very encouraging – Hollister (a division of Abercrombie & Fitch) reported a comparable store sales increase of 5% in the 2017 second fiscal... »

August 29, 2017
The Ohio Valley Mall is Filling Vacant Store Fronts

Clairsville, OH - The future is looking bright for the Ohio Valley Mall as vacant store fronts are filling up this Fall. "The new Marshalls is set to open next Thursday sept. 7th at 8 a.m.," says Candi Noble-Greathouse of the Ohio Valley Mall. The 20-thousand square foot location will not only provide new shopping for local consumers, but new... »

August 29, 2017
Expansion, Renovation Coming to Salina Mall

Salina, KS - The closing of two anchor stores does not mean the end for the Salina Central Mall. The longtime Salina business is working with a real estate group, and has plans to remodel and expand as nearly a half-dozen new businesses are ready to locate there. The announced closing closing of of Dillard’s store this week, while not preferab... »

August 28, 2017
How Westfield is Combating the Amazon Threat with Digital Upgrades at its Malls

Not all malls are floundering in the face of Amazon and e-commerce. Westfield is trying to adapt with plans to spend $1 billion on digital upgrades over the next five years. “We want to upgrade our properties in ways that better speak to the way that consumers want to experience a mall environment,” said Charley Delana, Westfield’s head of... »

August 27, 2017
Would you work out at the mall? Gyms are betting on it

Across America, fitness chains are hoping they can help ailing malls get healthy again. “The story has been written over and over that malls are dead,” said Jason Thunstrom, a vice president at Life Time Fitness, which has 127 centers nationwide, including seven in metro Detroit. “We completely disagree with that. They simply are evolving.... »

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