Retail Watchers

My impression of St. Mary's is that it's growing but that the incomes are pretty disparate, depending on the town. The economy depends a lot on a Navy base and regional tourism, as well as retirees. Retired people, even if they're well-off, tend to be price conscious and if you add-in people in seas...

The weather is probably also a factor. There is higher demand for indoor malls in places where it is too cold to walk around outdoors for a portion of the year. That was always supposed to be the saving grace of malls, but it doesn't work that way----look at all the dead enclosed malls we have rega...

They're building a mall, not malls, plural. Beyond that Canada has 1/3 less retail square footage/person than US even though the median income is 80% of the US, with less disparity between high and low income, which should encourage more mid-market retail. Despite this, Canada has lost a lot of depa...

You guys make this out to be a new thing---it isn't. Most of the earliest department store branches were small--like 10-20-30K sf small. They were in suburban downtowns, satellite town downtowns and early shopping centers. What usually led to the closure of these stores was the opening of bigger mal...

This and Austin seem like pretty high profile retreats. Obviously they didn't understand the Miami market and probably didn't have the right merchandise mix. Or you know, actual locations :mrgreen: I wonder how much market share Kroger has with their delivery-only business...I can't imagine it bein...

For a company that seems to be expanding at a quicker rate lately, they sure do seem to have a problem with noticeably increased product recalls (as reported all over). Not that this is connected but just sayin............................. 🤷‍♂️ And out of stocks... I have reduced how often I shop t...

Your assumption about prices needs some historical data. I haven't been to Target in NYC, but I went to the old K-Mart next to Penn Station many times---the basement opened into Penn Station, so it was a good way to beat the rain. The consumables were always more expensive than you'd pay elsewhere, ...

According to an anonymous but reliable source, these Macy's stores either among the lowest sales per square foot in the company, has had its property has been acquired for redevelopment or has an upcoming expiring lease, therefore in all likelihood will close by 2026: Arizona: Superstition Springs ...

Helpful that you found actual data, which suggests a slow decline in the NYC area and a likely a failure to have much scale in NJ in the first place. You haven't spent enough time here to know that this doesn't stop people here from predicting an apocalypse (or that matter reading too much into one...

I found that during the pandemic, Stop & Shop's market share slipped by 1.1 percent, with the other Ahold Delhaize banners gained market share (they didn't have numbers for Giant-MD other than it being positive, but Food Lion went up 1.8, Giant-PA went up by 0.5, Hannaford went up by 0.5), blam...