Sentences with phrase «of store closings»

The trend is enough to support brick - and - mortar expansion, say industry experts, a welcome change in an industry that is experiencing an accelerated pace of store closings.

Lenders have become increasingly cautious of the property type given the bankruptcy announcements, surge of store closings and weaker tenant credit ratings, especially in the mall sector.

The majority of the store closings are for properties located in small markets.

Davidowitz estimates the total number of store closings next year will fall in the range between 10,000 and 12,000.

The season of annual earnings reports is upon us and as retailers take stock of their performance in 2009, we are starting to see announcements of store closings, especially in the apparel sector.

Revenue at stores open at least a year dropped 8.8 percent and overall retail sales, which include Barnes & Noble bookstores and online sales, tumbled 10 percent, in part because of store closings.

Retail REITs became some of 2017's worst - performing equities as the underlying companies fell under pressure amid waves of store closings.

I say, yes, yes, yes and yes to all of these factors; but I have to throw one more into the mix, which may be the most important reason for the growing cascade of store closings in recent months: There were simply too many to begin with.

Cleaning and organizing the dining area and kitchen, also contributing to opening and closing of the store

Thursday was a tough day in Canadian retail as both Target and Sony announced a swath of store closings.

In its most recent quarter alone, it lost $ 748 million, its worst performance in years as comparable sales, which exclude the impact of stores closed in the preceding year.

Sears Holdings has lost some $ 10 billion since 2010 and the company, created by a Sears - Kmart merger engineered by Lampert in 2005, has yet to report a year of comparable sales growth, despite hundreds of store closings.

One study from retail - research firm IHL Group found that a mere 16 chains, including RadioShack and Payless, account for nearly half of all store closings, and that there will be a net increase of more than 4,000 stores in 2017 and 5,500 - plus in 2018.

While Tops has not outlined the scope of the store closings, documents previously filed with the Bankruptcy Court indicate that they may not just be isolated occurrences.

6) Although new licenses would create an influx of funds for the state immediately, since the gross number of active licenses would ultimately drop by virtue of stores closing, the long term annual income from renewing these licenses would actually decrease.

Dollar General to Open New Store in Berwyn With all the talk of stores closing and big stores filing bankruptcy, Dollar General is expanding with a store opening...

News has broken of Barnes and Noble's recent drop in sales compared to the previous year, and — coupled with news of stores closings, including its flagship 5th Avenue store in New York — can cause customers to question the fate of their favorite local bookselling chain.

Amazon is often vilified as being the catalyst of these stores closing and often incurs the most ire.

NREI: This is a challenging time for the retail real estate sector in general, with a lot of store closings and bankruptcies.

«We still have another 12 months of store closings to go through, but fewer closings will be in the single - tenant sector, except for several legacy casual dining restaurant chains,» Cram says.

«Given the high - end slant of so many of the store closings, retenanting the affected locations shouldn't be a major problem for major mall REIT landlords,» Morgan says.

Yet in an era where retailers are announcing thousands of store closings, lifestyle centers offer landlords a better chance of withstanding the shift occurring in retail.

The number of store closings started out slow.

Bankrupt home furnishings retailer Linens»n Things» disclosure this week that it plans to dispose of 120 locations is the latest burst in the retail sector's growing flood of store closings this year that has the industry's real estate...

These are generally small parcels, but the totality of the store closings can add up.

By Roger Yohem INSIDE TUCSON BUSINESS February 14, 2011 The question for the retail commercial real estate sector in the Tucson region is: Will the rate of store openings outpace the rate of store closings?

The retail property sector has been drubbed over the past year, driven by what could end up being a record level of store closings.

That means the downsizing is likely to take the form of store closings, rather than shrinking footprints.

It seems many retail professionals don't think the avalanche of store closings we witnessed in the first half of this year has come to an end.

Huw Thomas, chief executive of Smart Real Estate Investment Trust (formerly Calloway REIT), which had two Target stores, said none of the rash of store closings is material on its own.

The 4.9 million square feet of store closings will be especially painful for smaller shopping centers anchored by Borders's superstores.

Mitchell Klipper, who heads Barnes & Noble's retail business, told Reuters the results and forecasts would have no impact on the pace of store closings.

And with the announcement that its third executive in the Nook division has left the company — most recently Jim Hilt, head of global ebook sales, and before him digital products director Jamie Iannone and VP of digital products Bill Saperstein — coupled with the disappointing holiday season sales and announcements of store closings, it's easy to see why the rumors gain steam.

As Lisa Fairfax discusses at the Conglomerate, one study predicts that shoppers could lose some $ 75 million this year as a result of gift cards that are not honored because of store closings.

At Mississauga headquarters, employees were bracing themselves for a wave of layoffs and a massive number of store closings.

But even the industry's biggest cheerleaders acknowledge the risk posed by the wave of store closings.

Opening and closing of the store

I'm in the Chicago area and have all of those stores close to me as well!

Internet viewers can input their zip code and view the addresses and phone numbers of stores close to them that carry Zuke's products.

The pace of store closings this year is already ahead of 2008, that measurement's most recent peak, according to Credit Suisse Group AG.

Hit by still - soft consumer confidence and a megamerger between the Federated Department Stores and the May Department Stores that prompted the announcement of store closings, retail was the only commercial sector in which vacancies rose and rent growth decreased in 2006.

In late March, Tiffany had even worse news as its net income declined 76 percent, mainly because of store closings and weak revenues.

And wish we'd known ahead of time that all the restaurants & some of the stores close so early!