Sears at Landmark Mall: all dressed up and nowhere to go.

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We’re all aware of the abysmal condition of the national corporation Sears Holdings Company and its two flagship department stores, Sears and Kmart. I’ve covered both numerous times. For the last decade, the parent company, in a desperate attempt to induce profitability, has shed its lowest performing locations, one after another. But none are well-performing, …Read more…

A power center turns over a new leaf, only to find more grubs.

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About a year ago I explored one of the few retail typologies that seems to be growing in prevalence during this turbulent era: the power center. It’s essentially the only physical construction that suburban retail developers are building these days. And they usually look like little more than a strip mall on steroids—which, apparently, is …Read more…

Mall department stores: will the last one please turn the lights out?

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We’ve been hearing and witnessing for years the turbulent state of American retail. Conventional sellers of durable goods—of housewares, sporting goods, electronics, and clothes—have suffered in general, and malls have suffered in particular. But even more salient have been the struggles of the historic department stores to our malls. Scarcely a week goes by when …Read more…