Sentences with phrase «mall traffic»

The weakness should start — some say has already started — with department stores, which should put downward pressure on mall traffic.

The effect of e-commerce on mall traffic is an obvious example, but more change is coming.

The New York Times says the company cited declining mall traffic in its filing.

And I would say directionally, Gap traffic was the worst, Banana was somewhere in the middle and Old Navy like we said in that dilute sector with their stronger product assortment, not surprisingly did pretty nicely, even against our read of mall traffic.

But an «unprecedented decline in mall traffic» and an «unsustainable» balance sheet necessitated a restructuring, including the closure of hundreds of restaurants, Chief Financial Officer Carolyn Spatafora said in a court filing.

As mall traffic dwindles, Chief Executive Officer Art Peck is looking to bolster online sales and find more ways to cut costs.

Although softness has been reported across much of the retail sector, the department store set is particularly vulnerable because it relies heavily on dwindling mall traffic, and tends to cater to middle - income consumers.

Neiman Marcus is reeling from slower mall traffic and a broader consumer shift away from department stores.

J.C. Penney laid off about 360 people, the company said Friday, part of the department store's plan to trim costs and simplify operations as more people shop online and mall traffic drops.

But while mall traffic is down and has been declining for years, Kniffen countered that «Walmart is a lot bigger than Amazon, but you would never know that by listening to what's going on or the stock valuations, would you?»

The chain then filed for Chapter 11 bankruptcy protection in March, saying in court filings that «unprecedented» drops in mall traffic led to the company's latest collapse.

The pizzeria took a beating when mall traffic began to decline at the same time that the prices of its main ingredients, flour and cheese, rose.

Zent said he believes that crime is the biggest reason mall traffic has declined in the last decade, though many analysts attribute those declines to shoppers» changing preferences and the rise of online shopping.

do you feel like there's anything incremental you can do now on the e-com side or omni - channel side, the push on that button because clearly mall traffic and store declines are likely to get worse from here?

Some times on these chaotic nights, I get grumbly about making supper, but shortcuts with Stubb's Legendary Bar - B - Q products keep me grinning even after sitting in shopping mall traffic or spending hours trying to figure out which bulb in a string of lights has burned out.

«You've got Amazon opening brick - and - mortar bookstores and their goal is to open, as I understand, 300 to 400,» said Mr. Mathrani in response to a question about mall traffic.

The extra effort can lead to big payoffs in terms of increased mall traffic and shoppers spending more time, and hopefully more money, at the center.

Granted, Sears accounts for only a modest amount of the total rents at most of the other REITs, but that doesn't alter the impact on the top line, potential mall traffic, and the cost and time to find a new tenant for what is likely to be a huge amount of space.

Many of the chains are closing stores to cope with sluggish mall traffic, with Sears planning to shutter another 150 locations.

Claire's Stores, which filed for Chapter 11 bankruptcy on March 19, defaulted on $ 1.9 billion in debt, «after struggling with persistent weak performance because of declining mall traffic and an increasingly competitive retail landscape,» Moody's said.

Wet Seal and other mall - based, teen - focused peers such as Abercrombie & Fitch and American Eagle have faced challenges as mall traffic has weakened in recent years.

(Bloomberg)-- Reeling from a shaky holiday season and slowing mall traffic, U.S. retailers are facing increasing pressure to close stores as more of their business migrates to the internet...

the dependence on mall traffic and the availability of suitable store locations on appropriate terms;

You don't have to risk your life in mall traffic (suck it, B&N, I'm never coming back again).

Though the companies are no doubt losing share to fast - fashion brands such as H&M and Zara, declining mall traffic has also played a role.

«We have not been immune to the macro trend of declining mall traffic,» Johnson said.

The rise of e-commerce is making brick - and - mortar stores less appealing, and mall traffic has subsequently declined, pressuring even strong companies.

It's easy to see why that narrative has taken hold, given that one retail CEO after the next has bemoaned declining mall traffic to explain weak sales.

«They don't keep track of the mall traffic.

We keep track of the mall traffic,» Simon told a conference in June, with some pique.

Claire's Stores Inc. filed for Chapter 11 after struggling with persistent weak performance because of declining mall traffic and an increasingly competitive retail landscape.

Mall traffic had fallen 8 % year - over-year, the debt was too high, and interest expenses ate up $ 183 million a year, chief financial officer Scott Huckins lamented in the court papers.

The company also suffered from a broader drop in shopping - mall traffic, contributing to 11 quarters of same - store sales declines and a 77 percent plunge in profit last year.

It was the day after Thanksgiving and we were looking for something to do that did not include fighting the mall traffic.

That data goes into creating an intense, back - end database management system that can help shopping centers better understand shopping patterns, sales and mall traffic.

The thought behind a WP Glimcher - Kite merger was that it would give the companies scale to thrive at a time of declining mall traffic, when only the best shopping centers have a fighting chance of attracting ever - fickle consumers.

So not only did the center court area need to be cleared and blocked off to mall traffic, but the hub of the 1.3 million - sq.