From celebrity-backed store brands to literal “flash” sales, iconic mass merchant Kmart pioneered many concepts valued by shoppers today, albeit in other forms. That hasn’t saved the once-mighty retailer, however. After April, Kmart will have only three locations in the U.S. Turning discount shopping into...
Amazon might be looking at taking over as many as 110 old Sears and Kmart stores in order to launch new Whole Foods locations. BMO Capital Markets revealed the prediction in a note to clients on Wednesday (April 10), basing its findings on the demographics...
In the fourth quarter, the regional and super regional mall vacancy rate fell slightly as overall retail vacancies in the U.S. stayed constant. The vacancy rate at the former was 9 percent compared to 9.1 percent in the third quarter, as the latter held at...
It’s a good time to be a retail chain. Yeah, really. The second quarter earnings season has brought a flow of positive financial news from the likes of Target (massive growth in store-based foot traffic), Macy’s (a third consecutive quarter of same-store sales growth), Walmart...
April 10, 2019
Amazon might be looking at taking over as many as 110 old Sears and Kmart stores in order to launch new Whole Foods locations. BMO Capital Markets revealed the prediction in a note to clients on Wednesday (April 10), basing its findings on the demographics of those particular department stores, as well as the fact […]
January 04, 2019
In the fourth quarter, the regional and super regional mall vacancy rate fell slightly as overall retail vacancies in the U.S. stayed constant. The vacancy rate at the former was...
January 11, 2018
Sears has announced a new financing lifeline and will be scaling back costs as it attempts to return to profitability. The company is also closing more stores, according to reports...
January 05, 2018
It’s been a doubly rough week for Sears. The struggling chain announced even more brick-and-mortar store closures are coming — this time to 103 Kmart and Sears locations. Once the largest...
