Ikea Debuts Scaled-Down Store In Queens, NYC
Ikea Retail U.S. has opened a new, smaller-format store in Rego Park, Queens (New York City) as part of its effort to introduce new formats that bring stores closer to consumers.
mall
Placer: Lifestyle Shifts Create Shopping Center Opportunities
Although reconstituting aging malls and shopping centers often centers on restaurants and movie theaters, a new whitepaper from Placer.ai suggests that lifestyle issues that have been ongoing, and getting more attention during the COVID-19 pandemic, could translate into new opportunities for major retail combines.
Tanger Promotes Voting Initiative
To support safe, healthy and trusted elections, and inspire civic engagement among employees and customers, Tanger Factory Outlet Centers has joined the Civic Alliance, a non-partisan business coalition.
Poll: COVID-19 Still Worries Consumers But A Little Less
A large, although shrinking, majority of people across the United States are concerned that they or someone they know will contract coronavirus, according to an ABC News/Ipsos poll conducted June 10 and 11.
Simon Property To Acquire Taubman Centers
In a major retail mall deal, Simon Property Group is acquiring Taubman Centers.
Study: Malls Transforming To Engage Consumers
The Future of Shopping Centers, a study released by A.T. Kearney, asserts that malls are far from dead and have the potential of transforming to better satisfy consumers.
Study: Retail Apocalypse Chatter Misinformed
According to research by Fung Global Research & Technology, notions of a “retail apocalypse” in the U.S. have been driven by apparel specialty and apparel-focused department store closures and ignore strength in other brick-and-mortar based channels.
Sears, CBL Set Sale/Leaseback Deal For Seven Stores
CBL & Associates Properties has closed on a sale/leaseback transaction for five Sears stores and two Sears Auto Centers located at CBL malls, which will give the mall operator control of the locations involved for future redevelopment.
Westfield Reviving World Trade Center Mall Destroyed In Terror Attacks
The World Trade Center retail mall, destroyed in the 9/11 terrorist attacks, will enjoy a rebirth on August 16 as Westfield celebrates the grand opening of its new World Trade Center mall.
Mall Projects Enhance Simon Properties
Simon, a mall and retail real estate operator, has announced plans to enhance several key properties. In doing so, the…
Deloitte: Online Critical But Bricks And Mortar Remain Key To Holiday Sales
Consumers anticipate spending the majority of their holiday budget in brick-and-mortar stores this holiday season, according to a Deloitte survey.…