Future Of The Department Store

For more than 30 years, the mall industry has depended on department stores -- which are now struggling against discounters and specialty stores.

1 minute read

August 12, 2002, 5:00 AM PDT

By Chris Steins @planetizen

"So, can the shopping center industry live without [Department Stores]? The answer is no or at least not yet and not for conventional malls. However, new mall formats are cropping up around the country that don't depend so heavily on department store anchors.. That makes the evolution of the department store a vital development for owners, developers and investors to follow. After all, nobody wants to be stuck with empty anchor stores and the chances of that continue to rise thanks to bankruptcies and consolidation."

Thanks to Chris Steins

Read the full story: Future of the Department Store

Saturday, August 10, 2002 in Shopping Center World

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