Clearly, the industry realizes that it must offer services and retailers that will get shoppers, particularly Millennials, out of the house and away from their smartphones and tablets.
It's not surprising that investors in menswear stores would try to maximize value, but the turnabout going on with Jos. A Bank and Men's Wearhouse may be.
The upcoming ICSC New York National Conference has in fact become a mini-RECon, making it a real touchstone for the industry's health, and according to Jason Maier, director of the New York office of Stan Johnson Co., retail real estate's recovery continues apace.
Walmart's US CEO, Bill Simon, announced at the company's annual meeting for the investment community that it will launch a test of using some of its Supercenters as distribution centers to keep the smaller format stores stocked.