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Tag: america

Macy’s tries to convince Wall Street America still needs department stores

Bruce Leighty | Photolibrary | Getty Images Macy’s is making the case to investors that it is still “America’s department store.” As the embattled retailer aims to get back to profitability and sales growth, it is meeting with investors Wednesday in New York to rally support for its turnaround plans. Among the key points it …

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Holiday sales may have been better-than-expected, up nearly 5%, Bank of America economists say

Shoppers walk through the food court at the Easton Town Center Mall in Columbus, Ohio. Luke Sharrett | Bloomberg | Getty Images Retail sales were strong in December, and for the holiday shopping period they could be up close to 5%, slightly better than other industry forecasts, according to Bank of America economists. Using BofA …

Holiday sales may have been better-than-expected, up nearly 5%, Bank of America economists sayRead More

How Amazon changed America’s malls in the 2010s

Shoppers walk through the food court at the Easton Town Center Mall in Columbus, Ohio. Luke Sharrett | Bloomberg | Getty Images These days, in the country’s most upscale malls, it seems like shoppers are doing everything but perusing apparel. Consumers can play glow-in-the-dark mini golf at Simon Property Group’s Roosevelt Field in Garden City, …

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Mall of America wades into traffic counting

Get great content like this right in your inbox. Subscribe The largest retail and entertainment center in North America is studying customer traffic patterns to help it make better operational decisions. The ShopperTrak solution measures mall shopping center traffic patterns, delivering mall owners and retail property managers the reliable data to explore new leasing models, …

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