Previous Retail News

The shoe retailer has generally been a safe bet as a tenant since not only will customers always need to replace their shoes, but they will generally need in-store visits to ensure a proper fit. Though this still rings true, COVID-19 has closed access to many shoe stores within enclosed malls and made germ-wary customers More

Lovisa Preferred Sq. Footage: 600-900 s.f. 12-Month Anticipated Openings: 50 The Australian jewelry chain hopes to open up to 50 new locations a year over the next three years in the U.S. Look for new mall units in Connecticut, Massachusetts, Colorado, New York and San Diego before the end of the year. The chain currently More

While capital will be available in the retail sector, lenders will be extremely cautious. The pandemic has forced many lenders to leave the retail space altogether, and those that remain will be more conservative with higher pricing and leverage. Some lenders will want to wait at least another three to six months before re-entering the More

Hobby Lobby signed a 15-year lease as part of the 96,000-s.f. second phase of Pines City Center, an 80-acre master planned mixed-use village that is the central gathering space for the city of Pembroke Pines. The lease was singed back in 2018 and the Hobby Lobby unit opened early last month. A Chuy’s Tex Mex More

Men are shopping for clothes once again as they return to work and social engagements, especially in areas with easing COVID-19 restrictions. The populace is still embracing the comfort clothing trends that took hold during the lockdowns, so public attire for men continues to be more relaxed than the formal suit-and-tie look. Men, especially millennials More

Shield Pals Preferred Sq. Footage: 800-1,500 s.f. 12-Month Anticipated Openings: 50 The new healthcare concept, which sells face masks, face guards, protective gowns and other PPE items would like to add 50 units by the end of the year, as well as possibly roll out a franchise store concept. The recent surge in need for More

There are many people, from millennials to senior citizens, unwilling to sacrifice the ease and convenience offered by mixed-use living, even with the unpredictability of both coronavirus and social unrest affecting urban livability. Retailers will be attracted to the built-in steady 24-hour traffic mixed-use developments provide. As many multifamily residents telecommute from home, they will More

Even with numerous retailers adversely affected by coronavirus concerns, discount-value brands have been doubling down on their expansion efforts. These bargain retailers are swooping in on space vacated by other struggling brands. The time has never been better for discount retailers, as Americans are desperate for cost-saving options, especially for essentials. The younger Gen X/millennial More