A survey from global commercial real estate and investment management firm JLL reveals parents plan to spend 21.8% more on back-to-school shopping this year, signaling positive implications for retail sales and a successful shopping season. The survey of more than...
Although it lately has been more recognized for smaller urban locations in its store expansion initiatives, Target Corp. hasn’t given up on opportunistic expansion in larger retail developments. Mall operator Macerich has announced it will host a new Target store at...
The new report Placer.ai Mall Index — May 2022 Update indicates that visits to all types of shopping malls, indoor, open-air lifestyle centers, and outlet malls, decreased between April and May, compared to the same months in 2019, but on a month-over-month basis,...
The International Council of Shopping Centers (ICSC) released its 2022 State of the Marketplaces Industry Report, highlighting how malls and other multi-store retail developments are transforming under challenging, new conditions while seeing foot traffic increases...
Seritage Growth Properties — developed to help spin off Sears Holdings properties as the chairman of that company, Edward Lampert, and the board looked for ways to capitalize on the retailer’s real estate assets — has begun a review of strategic alternatives to...
