The National Retail Federation expects luxury stores and department stores to see relatively healthy sales results this holiday season, according to Reuters. While value-oriented retailers like Walmart have laid claim to consumers' wallets in recent years, luxury stores and department stores are going to come back into vogue as shoppers turn from an all-consuming focus on value toward more discretionary goods like jewelry and apparel. For more stories on retail and retail real estate, follow the links below:
- MERS Concerns Extend to Commercial Real Estate (Naked Capitalism)
- Itching for a Deal, Vornado Tweaks its Tastes (The Wall Street Journal)
- NYC Retail Recovers, Less Pop-Ups to Come (Black Book)
- CEO Makes Tough Calls to Bring Magic Back to Pier 1 (The Dallas Morning News)
0 comments
Hide comments