-
Dick’s Sporting Goods going big in Houston
Dick’s Sporting Goods is expanding its footprint in the Houston market. The retailer is looking to open six stores this fall in the Houston area, up from the five it had previously announced, the Houston Business Journal reported. In November, General Growth Properties announced it had signed lease agreements with Dick’s to open in five GG shopping centers in Houston: Baybrook Mall, Deebrook Mall, First Colony Mall, The Woodlands Mall, and Willowbrook Mall. -
Moody’s: This retail sector is on fire — even in physical space
The off-price retailer sector will continue to build momentum and outperform the apparel retail segment during the next five years. That’s according to a new report, "Off-Price Retailers Continue to Build Momentum on Value Appeal,” by Moody's Investors Service. Off-price retailers are anticipated to experience apparel revenue growth of 6% - 8%, outperforming the broader apparel segment by a collective 4% in the timeframe.