Tag Archives: shopping

Malls should look beyond retail to survive

Shopping center owners should consider using their space for festivals, residential areas or lifestyle centers to overcome the losses caused by retail closures, experts say. Weekly shopping trips to the mall are declining with only 12% of shoppers surveyed by …

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L Brands turns to non-mall growth for Bath & Body Works

L Brands will shutter as many as 50 Victoria’s Secret stores in the US this year and will continue to move forward with plans to spin off the lingerie brand. Bath & Body Works will close up to 40 mall-based …

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Best Buy tests store/fulfillment center combos

Best Buy is experimenting with a store format that cuts selling space down from about 27,000 square feet to 15,000 and dedicates the rest of the space to e-commerce fulfillment. The retailer started testing the format at four Minneapolis stores …

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Target adds Apple-branded sections to some stores

Target will unveil an expanded selection of iPads, iPhones and other Apple devices in special sections in 17 stores starting this month, with plans to roll out the enhanced Apple-branded sections to more locations later on. The new experience has …

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Sephora is opening more stores as it moves beyond the mall

Makeup sales have been walloped by the pandemic. But that’s not stopping Sephora from adding more stores as it pushes ahead to attract shoppers outside of struggling malls. The company said it is adding more than 60 freestanding stores this …

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How THC’s spa-like persona is helping transform Illinois’ cannabis market

The large LED screens lining the walls of The Herbal Care Center’s (THC) dispensary’s showroom in downtown Chicago signal the options customers have to choose from in the city’s cannabis shop. When Illinois became the 11th state to legalize and …

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How Canadian Tire is leading the retail pack

In 1922, brothers John William (J.W.) and Alfred Jackson (A.J.) Billes purchased the Hamilton Tire and Garage Ltd. in Toronto’s Riverdale neighborhood for $1,800. With Canada’s automotive market booming, the Billes Brothers were looking to get in on the action, …

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Vacant mall spaces could be filled with groceries

Grocers could be next on the list to start occupying empty mall space exacerbated by the impact of the pandemic on retail shopping habits. While no deals have been made, mall owners such as Simon Property Group have made reference …

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