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  • Food and bed highlight OKC center’s expansion

    Three restaurants and a hotel claimed four of the seven new out-parcels The Market at Czech Hall in Oklahoma City.   Developer GBT Realty announced that Hooters, Arby’s, Cheddar’s Scratch Kitchen, and Sleep Inn have signed leases at the 160,000-sq.-ft. “regional neighborhood center” on Interstate 40.  

  • Burlington to open in Sears hole at Magnolia Mall

    PREIT announced that it has fully leased the space vacated by Sears at Magnolia Mall, nine months after the store closed shop at the Florence, South Carolina, property.   Burlington opens in a 46,000-sq.-ft. space there this week. It will be joined by HomeGoods (20,000 sq. ft.) and Five Below (8,500 sq. ft.) in the spring. Also slated to open at that time is a 20,000-sq.-ft. H&M store.  

  • Nothing scary about this forecast

    There is good news for retailers in a just-released survey on Halloween spending.   Americans will splurge on costumes, candy and pumpkins for a record $9.1 billion in Halloween spending this year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. That's up 8.3% from last year’s previous record of $8.4 billion.  

  • ICSC: Omnichannel shoppers to rule this holiday

    Nearly all shoppers will be shopping a variety of channels this holiday season.   Ninety-six percent of shoppers plan to make a purchase from a retailer who has both a physical and an online presence, with 40% of them buying online and picking up in-store, according to a report by the International Council of Shopping Centers. And 81% of those shoppers plan to make additional purchases when collecting their item(s).  

  • When malls were the disruptors of retail

    To work in retail is to accept the inevitability of déjà vu. But what returns is often never quite the same, as can be seen in the current struggle by many shopping malls to generate enough traffic to remain viable. Let me take you back to the days of my initiation to retail in New Orleans (site of next week’s National Retail Tenants Association conference), when malls began rising in former fields and woodlands and store owners in all regions struggled to manage the change.  

  • Licensing agreement helps teen retailer expand into India

    American Eagle Outfitters is entering an emerging global retail market.   The teen retailer is preparing for its debut in India. American Eagle’s expansion will be supported through a multi-year license agreement with the Aditya Birla Group. The Indian conglomerate has an extensive retail portfolio, as well as strong digital and omnichannel capabilities.    The first stores are expected to open in Mumbai and Delhi in Spring 2018.  

  • Analysis: Beyond debt, Toys ‘R’ Us faces massive market structural challenges

    While today's decision does not necessarily mean it is game over for Toys "R" Us, it brings to a close a turbulent chapter in the iconic company's history.   A combination of high debt and severe structural changes in the industry created a toxic mix against which Toys "R" Us had little choice but to restructure and try to put itself on a firmer footing.  

  • Malls and the mixed-use fix

    As architects who have completed lots of projects for retail, we are often approached by mall owners looking to resurrect properties by turning them into mixed-use developments. The truth is that while mixed-use can be a fix for troubled malls, it’s not an easy fix.  
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