Not exact matches
Shakespeare and Company may be the most famous book
store in the world, but they're still just one bookstore, in one city, in an
industry which is
struggling.
Like others in the
industry, Chico's FAS, which operates some 1,500
stores in North America, has
struggled in a landscape increasingly dominated by fast - fashion and discount players.
Retailers are
struggling with an
industry - wide slowdown in sales that has hit shares of major department
store operators.
McDonald's stock has soared with Easterbrook at the helm, and same -
store sales have jumped at a time when much of the restaurant
industry has
struggled.
The temptation, then, is to assume that the
struggles of Toys R Us, Sports Authority, bankrupt retailers and various department
stores are representative of the broader
industry.
Given the tight operating environment for restaurants throughout the U.S., it comes as no surprise that many of the national chains continue to
struggle to post consistently positive same -
store sales, long considered another indicator of
industry health.
Coming from the «real world» of restaurants, casinos, and convenience
stores, they understand the
industry's daily
struggles firsthand.
By contrast, in the neighborhood center sector, Kmart's bankruptcy and the
struggles of various other retailers, combined with rapid consolidation in the grocery
store industry, promise to create vacancies.
Like a lot of its peers, Macy's is
struggling to overcome
industry changes that have shifted the center of gravity from department
stores to desktops and mobile devices, undercutting the former's relevance in the retail landscape.
While most of the retail
industry struggled in 2008 (same -
store sales for all U.S. chain
stores rose just 1.1 percent for the year), the luxury sector experienced same -
store sales declines during 10 of the past 12 months, according to ICSC.
(Bloomberg)-- Nordstrom Inc. is suspending efforts to take the company private after
struggling to get financing with favorable terms, another sign that the department -
store industry has lost favor with both customers and investors.
While Target lawyers have said the property sale process sparked «robust» interest,
industry insiders say a generally tepid response from retailers for Target leases, along with other chains»
store closings, underscore the
struggle among many landlords to fill vacant mall space.