Although Gap's headline first-quarter sales growth looks very strong, the reality is that it is inflated by both currency gains and a change in the way revenue is accounted for.
Gap Inc. on Thursday reported first quarter earnings and same-store sales that missed Street analysts amid a surprising slowdown at its Old Navy brand. Total sales, however, were better than expected.
The challenges facing developers and retailers as they plan for the shopping venues of tomorrow were brought home by a panel of shopping center executives at SPECS 2018.
Common wisdom in retail real estate is that the nation can accommodate only so many outlet centers, yet that doesn’t mean outlet centers can’t accommodate new retailers.
