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Analysis: Should retailers rent or bye?
While generally steady post-recessionary economic performance has led to an extended period of retail growth, retailers and retail real estate professionals around the country have begun openly wondering about just how high rental rates can continue to climb. In the last few years, occupancy costs are up significantly virtually across the board; most dramatically in dense urban locations in larger markets.
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Sears announces another closing — but this one doesn’t involve stores
Sears Holdings will shutter its apparel design office in New York City.
The struggling retailer will shutter the 154-employee office in July, reported the New York Post, which cited a Department of Labor filing.
Sears will move approximately 40 positions to an existing site in San Francisco, with the remainder positions to be cut, according to the report.

