Shopping Malls
Dick’s Sporting Goods Bets on Experential Retail
Source: Chain Store Age Writer: Marianne Wilson Dick’s Sporting Goods is running fast these days. The nation’s largest sporting goods retailer has had a busy few months, adding soccer shops to namesake locations, remodeling Golf Galaxy stores and opening clearance stores. But its most talked-about initiative has been the debut of an experiential retail concept…
Read MoreThe Hottest Commodity In Retail For The Foreseeable Future: Drive-Thrus
HoustonRetail May 6, 2021 Christie Moffat, Bisnow Houston Drive-thrus were the life raft that kept many fast-casual and quick-service restaurant chains afloat during the most difficult days of the coronavirus pandemic. As major brands continue to come up with new and inventive ways to expand and improve their drive-thru offerings, more traditional dine-in restaurants are also pivoting to incorporate drive-thru…
Read MoreRent is Cheap, Vacant Space is Everywhere: Retailers Seize the Moment to Open Stores
SOURCE: CNBC Lauren Thomas Published: March 18, 2021 KEY POINTS For the first time in years, retailers plan to open more stores than they close. From Ulta Beauty and Sephora, to Dick’s Sporting Goods, Five Below and TJ Maxx, businesses are rebounding from the Covid pandemic and looking to expand. Many businesses see an opportunity…
Read MoreWhy Apple, Sephora and Nordstrom are jumping on this trend to pull in shoppers Parija Kavilanz CNN Business
SOURCE: CNN Writer: Parija Kavilanz New York (CNN Business)As the pandemic drags on, big chains like Target and Nordstrom are looking for ways to keep consumers coming back to their stores. One go-to strategy is the store-within-a-store concept. It’s a way for one retailer to join forces with another by setting up a pop-up shop…
Read MoreMonthly retail sales from the US Commerce Department
The department’s Census Bureau tracks estimates each month. Retail Dive provides the numbers for key segments, and their year-over-year progress, or decline. [ December sales up 6.7% as shoppers ditch department stores. ] UPDATED: Jan. 19, 2021 REPORTING BY: Daphne Howland, Caroline Jansen DESIGN BY: Nami Sumida Editor’s Note: Comparisons for individual segments are updated…
Read MoreBelk’s top lenders, including KKR, looking to avoid taking department store through bankruptcy, WSJ says
SOURCE: CNBC By: Lauren Thomas KEY POINTS KKR and other major lenders to Belk are in talks with the department store chain to keep it out of bankruptcy, according to a Wall Street Journal report. The company, its lenders and the private equity firm Sycamore Partners are inching closer toward reaching an out-of-court deal, the…
Read MoreFederal Government Says Employers Can Mandate COVID Vaccinations
ASKING FOR PROOF OF A COVID VACCINATION DOESN’T COUNT AS A DISABILITY-RELATED QUESTION. DECEMBER 2020 BEN COLEY Employers are allowed to require COVID vaccinations and ban employees from the workplace if they choose to opt out, according to guidance from the U.S. Equal Employment Opportunity Commission (EEOC). The American Disabilities Act (ADA) limits an employer’s ability…
Read MoreWhen the Mall Owns the Retailer
Bankruptcy court has emerged as a shopping mecca for Sparc Group, the 50-50 partnership between Simon Property Group and Authentic Brands. Simon AUTHOR Daphne Howland@daphnehowland PUBLISHED Aug. 17, 2020 Bankruptcy court has emerged as a shopping mecca of sorts for Sparc Group, which, after successfully bidding on a series of retailers in Chapter 11, is now the “operating partner”…
Read MoreCenters of Gravity – ABJ
Source: Atlanta Business Journal Every weapon U.S. shopping malls have deployed in the war against e-commerce — movie theaters that serve dinner, hands-on beauty chains and cocktail bars inside department stores — could be rendered useless by the novel coronavirus pandemic. Malls have been on a long, slow downward spiral for the better part of…
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