Foot Locker has unveiled its “store of the future” in Wayne, New Jersey. This new retail format will inform the footwear and apparel retailer’s global refresh, as information gleaned from it will be incorporated into new stores, Foot Locker said in a Wednesday (April 24) press...
Social media virality is beginning to shape mall stores, as ultra-connected Gen Z shoppers expect their physical lives to more closely resemble their digital ones. For instance, young social media users have flocked to fashion brand Edikted, which has roughly 600,000 followers on both Instagram...
Amid ongoing uncertainty, retailers are scaling back their reliance on in-mall locations, even as the new generation of shoppers flocks to these shopping centers. On the most recent wave of earnings calls, retailers spoke to their efforts to focus their store growth pipelines more on...
In the latest sign of trouble for the mall, several national retailers are moving outdoors. That’s according to a Monday (Jan. 15) Wall Street Journal (WSJ) report, which said that a number of brands are turning to shopping centers and strip malls after seeing those locations...
May 20, 2024
As shoppers turn to eCommerce channels for convenience, many are still willing to go to brick-and-mortar malls for unique, site-specific experiences. Seizing on this demand, Mall of America, the largest shopping center in North America, announced Friday (May 17) that it will soon open an on-site game-show-style amusement center, Great Big Game Show, where consumers play the sorts […]
May 31, 2023
Merchants are embracing smaller footprints in a greater effort to cut costs and renew customer focus. Marking a significant shift in retailer strategy, major stores determined to adapt to the...
August 03, 2021
Despite concerns that the spread of the COVID-19 Delta variant could impact consumer spending as pandemic anxiety rises again and mask mandates are reintroduced across the U.S., mall operator Simon...
May 25, 2020
The pandemic was unprecedented when it showed up in February and March; the phases of its aftermath will also be without a reference point. While it’s clear that the digital...
April 24, 2024
Foot Locker has unveiled its “store of the future” in Wayne, New Jersey. This new retail format will inform the footwear and apparel retailer’s global refresh, as information gleaned from it will be incorporated into new stores, Foot Locker said in a Wednesday (April 24) press release. “Our new store concept cements Foot Locker’s position as […]
January 15, 2024
In the latest sign of trouble for the mall, several national retailers are moving outdoors. That’s according to a Monday (Jan. 15) Wall Street Journal (WSJ) report, which said that...
November 26, 2023
All around America, the “zombie mall” phenomenon is taking hold. As The Wall Street Journal described in a report Sunday (Nov. 26), hundreds of these malls now dot the U.S.,...
September 12, 2023
The owner of the Westfield malls group is reportedly rethinking its plan to exit the U.S. Instead, The Wall Street Journal reported Tuesday (Sept. 12), Paris-based Unibail-Rodamco-Westfield will hold onto some of its best-performing...