Study: Fashion and sporting goods brands lead in mall openings
Under Armour and H&M opened the most mall stores from 2011 to 2016, while Sears and J.C. Penney closed the most.
A study of United States retail REITs released this week by Coresight Research concluded that stores selling products that shoppers choose based on size, fit, and appearance continue build mall traffic and face less of a threat from e-coms.
Conversely, department stores and household goods retailers that sell products easily attainable online have accounted for the highest number of closures.
Between 2006 and 2016, the number of Sears locations in mall REIT portfolios declined from 408 to 225. Macy’s presence dropped from 380 stores to 275, and J.C. Penney from 401 to 254.
Over the same 10 years, Dick’s Sporting Goods went from 49 mall stores to 77.
Connect with me on LinkedIn | Follow me on Twitter
A study of United States retail REITs released this week by Coresight Research concluded that stores selling products that shoppers choose based on size, fit, and appearance continue build mall traffic and face less of a threat from e-coms.
Conversely, department stores and household goods retailers that sell products easily attainable online have accounted for the highest number of closures.
Between 2006 and 2016, the number of Sears locations in mall REIT portfolios declined from 408 to 225. Macy’s presence dropped from 380 stores to 275, and J.C. Penney from 401 to 254.
Over the same 10 years, Dick’s Sporting Goods went from 49 mall stores to 77.
Connect with me on LinkedIn | Follow me on Twitter