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This article provides a list of retail store closings including department stores, specialty retailers, grocery stores, and food service chains.
The closures of brick-and-mortar stores are causing towns in the U.S. to miss out on sales, income, and property taxes that local governments rely on for revenue.
The city of Tainan, Taiwan has plans to demolish an abandoned mall and transform it into a public park.
An increasing number of architects, developers, and engineers are designing new parking garages that can be converted into other uses in the future if needed.
Gas stations can be tricky sites to redevelop because they are often contaminated. However, developers around New York have recognized the potential in their often desirable locations and converted them into a variety of uses such as shops, offices, housing and places for generating renewable energy.
With the rise of e-commerce, Americans are demanding more deliveries. However, with declining warehouse availability, congested streets and limited curb access, the U.S.’s infrastructure may not be able to handle the increasing demand.
Many traditional malls have come up with creative ways to transform themselves to stay relevant in the 21st century and maintain sources of revenue as store closures rise. The typical malls with large atriums, department stores, food courts, and parking lots are finding new uses for these spaces including fitness centers, apartments, event spaces, markets, and mini theme parks.
2019 saw a record number of retail store closings, however the actual retail square footage was not proportionally impacted. This emerging trend is due to smaller tenants opening more stores and retailers shedding space in order to improve sales productivity.
The impacts of e-commerce and changing consumer behaviors have caused brick and mortar retailers to shift their business models and reduce store square footage.
Credit Suisse predicts that as many as 25% of U.S. malls will close by 2022 due to the rise of e-commerce, discount chains, retail bankruptcies and store closings.
This article provides a complete list of all stores planning to close in 2019.
This article discuss the changing consumer behaviors and the some e-commerce business' support for retails can help brick-and-mortar retail grow.
The amount of retail space going dark in 2018 is on pace to break a record, as companies with massive floor plans are either trimming back their store counts or liquidating entirely.
This article mentions the visible downfall of malls and large stores like Sears and Toys R Us, but it highlights how these stores have impacted individuals and their stories from growing up visiting them.
A first-of-its-kind law will give New York City data on small businesses fleeing the city as retail rents skyrocket. But skeptics fear that won’t be enough.
“Zombie malls,” as they are known, are increasingly dotting the suburban landscape. The lights are on, the escalators keep moving, but their purpose in life has gone. Burlington Center has less than 20 tenants — including a Sears and a Foot Locker — but once had more than 100.
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