David Bodamer discusses how grocery stores are evolving to meet consumers’ ever-changing shopping habits, why consolidation is inevitable, and how these changes will impact shopping center landlords.
It’s a tough environment for retail properties out there. But there are still some markets where retail might be a good bet.
China is not only home to new, growing markets for stores, but also provides a steady stream of tourists visiting Japan and boosting domestic sales.
Consolidation can make merged grocers more credit-worthy. It can also leave behind hard-to-fill anchor spaces.
The apparel retailer abandoned its plan to spin off its best-performing division.
The apparel retailer’s CFO said the chain’s executives were “willing to walk away from any mall at this point.”
Last year set an all-time record for store closings. Here are the retailers that may close stores or file for bankruptcy in 2020.
Asking rents in the area have slipped and some of its largest merchants have closed stores in recent years.