Apparel chains haven’t always been in the spotlight of regional mall line-ups. That starring role, and the job of generating mall foot traffic, traditionally rested on the shoulders of department stores. Specialty retailers just needed to focus on posting consistent sales growth, or they risked losing prime mall real estate to a competitor or a newer, fresher concept.
now the retail industry is at a point where both department stores and
specialty tenants are under pressure. All retailers, especially the
fast-fashion retailers, are struggling to maintain the positive
same-store sales growth that drives rents and makes for retail centers. . . . more