It probably doesn't surprise many, but December same-store sales results that retailers are reporting this morning aren't very uplifting so far. A quick scan of the damage looks like this: Kohl's was down 11.4%, J. C. Penney dropped 7.5%, Limited Brands fell 8% and Zale Corp. dipped 9%. In the case of...
Is McDonald's going after Starbucks? According to a report earlier this week, McDonald's will install coffee bars helmed by baristas in its 14,000 locations nationwide. The move, already being tested in the Kansas City market, comes as Starbucks has significantly added to its food offerings, branching...
Welcome to Counter Culture, GlobeSt.com's new blog on the retail industry. The addition of this page to GlobeSt.com is actually the first in a series of new special-section pages that will roll into the lineup over the next few weeks and months. The impetus is internal as well as external. As we at Real...
Ian Ritter has written about the retail real estate industry since 2002. He is the editor of ALM Real Estate Media Group's GlobeSt.com, where he also covers the retail industry. Prior to that, he was the national online editor of Real Estate Media's GlobeSt.RETAIL website. Contact him at [email protected]....