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Food, food and more food
From food trucks to high-end restaurants and everything in between, dining has never been more essential to the shopping center experience.
“E-commerce has made it more important for retail centers to enhance the experience,” said Terry Montesi, CEO, Trademark Property Co. And food works great with retail.”
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Genesco lowers earnings forecast
Genesco is lowering its earnings forecast for the fiscal year despite a 3% increase in same-store sales over the holiday period.
The company said same-store sales increased 3% for the quarter-to-date period ended Jan.2. Sales for the company's e-commerce and catalog direct sales businesses increased 20% on a comparable basis for that period.

