Easton Town Center has gone through many changes and expansions since it first opened in 1999, but the original indoor “Easton Station Building” has largely remained the same. That will change this year, as a multi-million dollar “refresh” has just gotten underway that will give the building a major update. “For the past year, Easton […]
In January, The Sears Holdings Corporation announced that it would be closing 150 Sears and Kmart stores across the U.S., including three locations in Central Ohio. Today, it’s been revealed that the company could be closing more, or even all of its stores in the near future. “Our historical operating results indicate substantial doubt exists […]
If you still prefer the 45 minute drive to Jeffersonville versus the 25 minute drive to Sunbury for your regional outlet mall shopping needs, then you’ll be excited to learn that the Tanger Outlet Center to the south is getting three popular new stores later this year. The company announced that H&M, T.J. Maxx and […]
Traditional mall anchor J.C. Penney announced today that it plans to close approximately 13 to 14 percent of its 1,000 stores, resulting in a downsizing of up to 140 locations in early 2017. Despite the closures, the company reported positively about net sales only declining 0.6 percent and store sales being flat overall for 2016. […]
New Albany-based Abercrombie & Fitch is reinventing their look with a new store layout that opens today at Polaris Fashion Place. The new store format is the first of seven to launch this year, designed to reimagine the customer experience and showcase new clothing collections that the brand is rolling out. “It is important that […]
The hits keep coming for traditional mall retail stores. California-based chain Wet Seal is reported to close all 171 of its remaining stores soon, following a bankruptcy filing and 338 store closures in 2015, and the failure to find a buyer for the struggling business. Multiple national media outlets are reporting that a notice has […]
"The vast majority of traditional enclosed malls will need to be reinvented as something other than monolithic, single-use properties."
Holiday retail sales results are in. All retail sales (excluding autos, gasoline, and restaurants) increased four percent in November and December 2016 versus the same period in 2015, according to the National Retail Federation. There was a 13 percent increase in online sales, continuing a long-term trend of annual double-digit increases. Sales at clothing and […]