Not exact matches
The Starbucks Corp. is being sued by a large shopping mall
operator over plans to
close 78 Teavana tea
stores across the city of Indianapolis.
Shares in the convenience
store and gas station
operator (TSX: ATD.B)
closed down $ 3.04, or five per cent, at C$ 58.35 on the Toronto Stock Exchange.
The five top department -
store operators whose branches anchor so many malls — Macy's m, Penney, Kohl's kss, Dillard's, and Sears Holdings shld — have together
closed some 750
stores since 2013, or 20 % of their fleets, and analysts think the Honey, I Shrunk the Retailer trend will continue.
As vacancy rates rise at malls across the United States, with the increasing numbers of retailers announcing bankruptcies, deferring expansion plans and
closing stores the energy management system could help
operators reduce fixed utility costs.
The majority of retailers
closing stores are typical mall tenants — department
store operators and apparel and electronics sellers.