Sentences with phrase «anchor stores in»

To the north, Fort Lauderdale has retail vacancy rates approaching 16 percent, due to the closing of 23 anchor stores in the past year, reports The Sterling Cos., Palm Beach, Fla..

One of the three anchor stores in the Stanford Shopping Center is the iconic Bloomingdale's.

We were definitely the anchor store in the mall, a fact upon which I could leverage many wonderful marketing relationships.

The old Belk anchor store in Ocoee's West Oaks Mall has become vacant again.

Not exact matches

Japanese fashion retailer Uniqlo will open its first Western Australian store in Perth's Murray Street Mall, with a flagship two - level shop anchoring a $ 6 million redevelopment of Plaza Arcade.

Once dominant United States department store operators such as Macy's and J.C. Penney have announced plans to shut hundreds of stores in recent years, putting pressure on landlords to find new «anchor tenants» or come up with new ways to grow returns.

«Department stores do not create the same draw as anchors that they did 10 to 15 years ago,» Paltz wrote in a recent note.

But fewer «anchor stores» in malls also spells even more trouble for specialty stores like Gap and Abercrombie & Fitch.

Dozens of malls have closed in the last 10 years, and many more are at risk of shutting down as retailers like Macy's, JCPenney, and Sears — also known as anchor stores — shutter hundreds of stores to staunch the bleeding from falling sales.

The commercial - real - estate firm CoStar estimates that nearly a quarter of malls in the US, or roughly 310 of the nation's 1,300 shopping malls, are at high risk of losing an anchor store.

Its architect, John Graham Jr., pioneered the dumbbell, big - box shape for malls, in which two rows of stores face each other and a department store anchors each end.

In April real - estate research firm Green Street Advisors noted that the shuttering of anchor stores could lead to the closures of hundreds of malls.

A major mall anchor for decades, last month's announcement that the department store would be selling back the leases on many of its biggest locations, including its flagship store in Toronto's Eaton Centre, doesn't make Sears's future seem very rosy.

Two of Simon's three top tenants, Gap Inc. and Abercrombie & Fitch, have closed hundreds of stores in the past two years and have announced more to come; anchor department stores are shutting their spaces too.

A new luxury wing, opened in February 2016 and anchored by a state - of - the - art Neiman Marcus store.

Even today the typical anchor store pays around $ 4 per square foot in annual rent; the average non-anchor tenant paid $ 42.22 per square foot a year as of the third quarter of 2016, according to real estate analytics firm Reis.

And throughout the mall, tasteful signage steers you to the new luxury wing, opened in February 2016 and anchored by (and named for) a state - of - the - art Neiman Marcus store.

A dead mall in my area just sold a stand alone anchor store, 200K sf and 12 acres of parking for $ 850K.

Traditional mall anchors, such as Macy's, J.C. Penney and Sears, have announced numerous store closings in recent months.

It became frustrating to watch the anchor stores leave and the area become more and more economically depressed, Richard Rhodes, the president and CEO of ACC said in an interview.

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.

Having said that, the mall is in a serious predicament, as Sears continues to be that dead anchor store walking, but now there's the possibility of another anchor store going under, as my local Bergners department store is part of Bon Ton stores which filed for bankruptcy and is facing possible liquidation.

Extell Development's Central Park Tower at 217 West 57th Street — which has yet to secure a construction loan — has locked in a 363,000 - square - foot Nordstrom department store as its anchor tenant.

With so many big anchor stores closing in malls throughout America,... READ MORE >

Nestlé Waters North America (NWNA), Stamford, CT, is making a timely, bigger splash in that rising market with a major rebranding anchored by all - new packaging that reaches store shelves after mid-March.

The guy was a head coach who QUIT on his new owner that he retroactively had signed a contract with, then intervewed for the Jets head job where I guess he brought a little too much Buffalo to the interview since he was eliminated from contention in just a couple of weeks, and now hes in Jacksonville where his main job is protecting Blake Bortles, which to use a Jacksonville analogy - is like being a strip mall rent - a-cop where your anchor store is a Big Lots that has been over run by opossoms.

In his March 22 victory lap report about the stores pulling the beef, Avila and anchor Diane Sawyer kept calling the meat «pink slime» like a 4 - year - old who has just learned a dirty word.

What to Do: Immediately remove all unanchored IKEA children's chests and dressers that are 23.5 inches and over, and adult chests and drawers that are 29.5 inches and over, and store them in a child - free zone in your home while you obtain an IKEA wall anchoring kit.

In October 2014, the two - story Broadway Plaza Mall opened in Kingsbridge featuring Sports Authority, TJ Maxx, Red Lobster and Party City as anchor storeIn October 2014, the two - story Broadway Plaza Mall opened in Kingsbridge featuring Sports Authority, TJ Maxx, Red Lobster and Party City as anchor storein Kingsbridge featuring Sports Authority, TJ Maxx, Red Lobster and Party City as anchor stores.

The two casinos in adjacent counties would act like anchor stores at a shopping mall, he said, helping the struggling towns in between.

The town is preparing for a possible decrease in the assessed value of the Hudson Valley Mall, which lost two anchor stores before being sold for a fraction of its former value.

It's not often that we have the opportunity to share with you an excerpt from a book that was actually JUST released this week so we are especially thrilled to be welcoming our friend Micah Maddox whose book Anchored In is in stores noIn is in stores noin stores now!

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A former TV news anchor, Lauren adores flavored coffee, local book stores, and anywhere she can stick her toes in the sand.

The much sought after Samsung Galaxy S III will drop anchor in the UK earlier than anticipated as the Korea based OEM has decided to start dispatching it on May 29 to those who pre-order from the Samsung store in Westfield Stratford City in London.

SORIANA: (Formerly «Gigante», and often still referred to as such) The anchor store of the Plaza Caracol Shopping Center, on Ave. Francisco Medina Ascencio, across from Los Tules resort, in the «hotel zone».

Dave & Buster's will not be the only entertainment center hosting the U.S. location test for the new collaboration between Bandai Namco and Nintendo: the Round 1 anchor store located at Puente Hills Mall in City of Industry, California, now also has Pokkén Tournament.

90 % of the carbon storied by seagrasses is sequestered in the soil anchoring the grass, where it can form carbon stores several meters deep.

Ideally situated on the busiest transportation corridor in the province of Alberta, the Queen Elizabeth II Highway, the innovative 1.2 million - square - foot shopping centre is the largest single level shopping centre in Alberta, with 17 large format anchors and more than 200 specialty stores and premium brand outlets.

Visit The Copeland Company Store in Bradford, VT March 9 - 24, congratulate them for being an anchor business that strengthens the Bradford... more

In the last two years, more than 400 of the largest 2,000 malls in the U.S. have shut their doors as «anchor» tenants (department stores such as Dillards, JC Penney) have pulled out, causing a cascade of smaller stores closing uIn the last two years, more than 400 of the largest 2,000 malls in the U.S. have shut their doors as «anchor» tenants (department stores such as Dillards, JC Penney) have pulled out, causing a cascade of smaller stores closing uin the U.S. have shut their doors as «anchor» tenants (department stores such as Dillards, JC Penney) have pulled out, causing a cascade of smaller stores closing up.

It is centrally located in Salisbury, North Carolina and is anchored by a Harris Teeter grocery store.

An anchor tenant and a tenant occupying an in - line store frequently fare differently in negotiations concerning operating covenants.

In general in the industry, you are seeing more junior anchors, you possibly will see fewer department stores, and you will see other useIn general in the industry, you are seeing more junior anchors, you possibly will see fewer department stores, and you will see other usein the industry, you are seeing more junior anchors, you possibly will see fewer department stores, and you will see other uses.

Rouse announced it has completed a buyback of the Lord & Taylor anchor space at Fashion Show Mall in Las Vegas and plans to convert the store into two levels of small - shop space.

In the Mills» other proposed renovations to the portfolio, The Galleria at White Plains will get a new Sears anchor to accompany the existing Macy's location, as part of a repositioning that complements nearby mall The Westchester; two department stores will be added to Borward Mall, meanwhile.

Yet in many cases, Kimco is being painted with the same broad brush that has stained retail landlords whose properties are anchored by department stores.

The one thing that is driving it is certain upscale retailers or even department stores are willing to go in and be only one anchor tenant in centers that are smaller than a regional mall.

However, in order to attract the office supply store, the developer offered a lease provision granting an option permitting the smaller tenant to terminate, pay a reduced rent or other negotiated concession, should the anchor tenant stop conducting business or vacate the center.

Simon has 118 Penney stores totaling 17 million square feet in its malls, ranking it third behind Sears and Federated among Simon anchors.