As new retail shopping areas sprawl beyond the seven hills that define Cincinnati, civic leaders have allocated $100 million to save the troubled downtown. Last December, the city paid Saks Fifth Avenue $6.6 million to stay at the 483,000-square...
Wal-Mart is testing a smaller-than-average Supercenter in Tampa, Fla., that could solve its market penetration problems in California, where stores larger than 100,000 square feet are prohibited, and New York, where space is at a premium. The 99...
This fall, Esprit will open its first U.S. store in 10 years, a 10,000-square-foot space on Fifth Avenue at 16th Street in Manhattan. Once beloved by teens throughout the U.S., the brand lost cache as Gap, Guess and Levis gained in popularity...
Consumers fell in love with electronic strip gift cards this holiday season. Sales rose an estimated 18 percent to $43.5 billion for the entire year. The affair is more than just a passing fancy. In fact, expect gift cards to gain momentum...
Since Kmart introduced the first magnetic strip gift card in 1995, the concept has grown in popularity. Malls even joined the party. According to gift card program manager Store Financial, one of its mall clients increased sales nearly 150 percent...
Restaurants and retail complement one another like a fine red wine and a juicy steak. Just ask any mall owner who has watched droves of stuffed customers migrating from Cheesecake Factory throughout the rest of the center after a meal. Moderately...
2004 should be big for consumer electronics retailers. Analysts predict it will be the year that high-definition television becomes affordable to the mass market. And the popularity of digital technology is expected to step up the rate at which...
The growing problem of big-box castaways is so widespread that cities are forcing retailers — even before they move into an area — to agree to move-out terms. Ordinances prohibit the owners from shutting down operations until the building is re...
By the time you read this, The Shops at Columbus Circle will be open for business. But in mid- January, workers were scurrying about the four-story atrium, known as the Great Room, to finish in time for the Feb. 5 launch. The center, with an...