The ongoing question is how landlords will reuse the space
when anchor stores like Macy's and specialty retailers adopt leaner store footprints.
Not exact matches
I don't know the answer to the second question I have not heard of any pick up from
when store closes sometimes
when an
anchor closes in a mall, we pick up a lot of business and sometimes the traffic in the mall gets hurt so that it doesn't help us.
When he was working to boost the economic vitality of Sheboygan Falls, Wis., Wagner identified the community's local furniture
stores as an important community
anchor.
Since that market is so competitive, Principal Capital also lends on other types of retail developments, but as Dubas notes, «Everything escalates a notch
when you don't have grocery -
store anchors.»
«I don't think we necessarily always look at one single
store as an
anchor,
when you can also have a cluster of
stores to serve as draw,» says Lebovitz.
The first expansion occurred in 1972
when the mall added JCPenney as a third
anchor, as well as 43 more specialty
stores.
When the redevelopment is completed, the mall will have five
anchors and more than 80 retail
stores and restaurants.