Many are even expanding into malls and other
retail spaces left empty by stores that have closed.
Not exact matches
The Future Shop store closings come as U.S. discounter Target Corp. shuts all its 133 stores in Canada, while other failing
retailers also are closing outlets,
leaving a lot of
retail space to fill in the coming months.
That deal, which included a letter of intent issued on April 9, never materialized and will
leave over 1 million square feet of
retail space in limbo throughout Wisconsin.
Department stores are disappearing and restaurants are grappling with rising labor costs,
leaving owners of large
retail spaces in the city with fewer viable tenants, he argued.
Because the largest
retailers trading in the ebook
space don't report sales figures — most significantly Amazon — the publishing industry is
left, as The Bookseller's Philip Jones puts it, trying to analyze its own digital market «by candlelight.»
CL has built solid relationships with
retailers which are more incline to
leave more
space on their shelf to a proven distributor than taking the risk of lack of supply with new businesses.
Now the only excuse
left for not stocking wild bird food may be
space, but I know from personal experience that
space can always be made for new products a
retailer wants to bring into the store.
However, keep those items to a bare minimum, to
leave more shelf
space for manufacturers that focus on the independent
retail channel.
Chris Miller of Pacific Store Designs, Inc., one of the
retail design firms that we interviewed for the cover story, calls this
space the «decompression zone» and advises
retailers to
leave it open so that customers are not immediately inundated with selling propositions when they walk through the door.
The newer structures are more slender and quite often have what earthquake engineers refer to as soft first stories, i.e., the ground floor does not have load - bearing walls, having been
left open for use as
retail space or as parking.
Big box
retailers like Home Depot and Best Buy are jumping in, dedicating
retail floor
space to their own DIY systems, and companies like Google and Samsung are snapping up startups
left and right.
Due to a lack of new development projects, large format
retailers have been more willing to sign up for second - generation
space, making it easier to clean up the mess
left by the bankruptcies of Circuit City, Linens «n Things, and others.
I owned a 6 unit small
retail property many years ago and one thing that hurt our cash flow is when a tenant
left the
space sometimes stayed open for a few months at a time unlike a multi-family.
«Another challenge that developers have is that some
retailers are
leaving their premises, and they are trying to find creative ways to remarket and reposition that
space,» Clifford adds.
When it came to repurposing
retail spaces vacated by troubled
retailers, the company was
left with 730,000 sq. ft. of anchor
space, and had leased more than 50 percent of the pool.
«Since 1995,» says Berkes, «We have dealt with 1.4 million square feet of
space left vacant by bankrupt
retailers and we have leased 95 percent of that
space at cash - rent - increases of 27 percent.
In the case of former anchors
leaving empty
space, however, CBL will sometimes buy back that property from the
retailer.