Search
 

Growing Retail Chains Run Gamut of Concepts

BEVERLY HILLS, CA-From footwear to indoor playgrounds, retail concepts continue to expand – even in this economy.

By Debra Hazel | Updated on February 05, 2009

BEVERLY HILLS, CA-Like that of Mark Twain, the death of retail is greatly exaggerated: even as some stores will close, other new concepts are waiting in the wings for their shot at prime locations, said speakers at the Urban Land Institute’s Retail conference, which concluded here on Thursday.

Though the International Council of Shopping Centers predicts that 150,000 stores will shutter this year, the association also noted that between 105,000 and 110,000 stores will open, said Greg Gunter, a vice president of 3rd Works Retail Services, San Diego.

“Today’s market is a tough one,” Gunter said. “It takes a special tenant to survive.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.