Retail Watchers

The list of store closures is floating around, and it's interesting to see the mix of full-price to outlet stores closing. Roughly 80% of the stores closing are full-price stores. I understand wanting to close high-rent locations where occupancy costs are probably out of line - Garden State Plaza, T...

storewanderer wrote: ↑April 16th, 2024, 9:46 pm I wonder if they are bidding on 99 Only real estate.

That was my first thought! Plenty of space that would be perfect in terms of size and location for them.

There are job postings for a number of positions at Aldi now available on Careerbuilder, including several warehouses and almost 30 stores spread from the Sacramento region to the Central Valley and all across the Bay Area. Whether the listings are totally accurate may be up for debate, but it seems...

At some point in the current calendar year, the Saks Fifth Avenue store at The Fashion Mall at Keystone in Indianapolis will shutter and a new development will take its place. The project is supposed to include an outdoor plaza, office space, additional entertainment and dining, and an expansion of ...

I think they've cleared out almost enough Nordstrom full line stores, there may be a few problem stragglers like the smaller format Irvine store that has been rumored to be closing for years (the landlord has done multiple customer surveys asking what they would like to see replace it). For the mos...

They have made it clear they will consolidate as opportunities come along. As stated earlier they are negotiating to finalize plans for consolidation in Mission Viejo where the women's building will be replaced by luxury apartments. If they own the building there is no benefit to consolidation with...

I continue to be surprised that the company hasn't been consolidating the men's / home / kids / backstage stores with their main stores in some markets. I figured some of the 150 would come from that, but it's obvious many of the full-line stores needed to go. Some do seem ripe to be replaced by sma...

I'd been thinking about this for a while, remembering their stock price when they previously attempted to take the company private. That was pre-COVID, so many of the store closures they likely would have had to make are now completed, but the company's reliance on the Rack for revenue just isn't su...