The Off-Mall Trend

27 April 2004 - 1:00pm

Department store owners are beginning to forgo mall venues in favor of standalone stores, which offer greater flexibility.

"The most recent example of the 'off-mall' trend is a Bloomingdale's that opened Saturday in New York's SoHo neighborhood, a densely populated area made trendy in recent years as former warehouses have been converted to boutiques, restaurants and other shops... off-mall alternative is seen as offering:... Better access. At stores anchoring large malls, customers complain of parking in remote lots, walking through the mall to get to the store they want, and then wading through it to reach the department they need."

Source: USA Today, April 25, 2004
Bookmark and Share
One of the keys to regional and local prosperity is the ability to attract and retain high-skilled people. ... Many people can, and do, choose where they want to live based on factors beyond their ability to make a living.