Find in the news:
BY COUNTRY

U.S. invasion by international retailers



U.S. retailers should remain aware that there is a looming invasion of international retailers into their turf.
Not only are the British invading, but the Spanish, French, Italians and many others are also taking advantage of obtaining prime real estate as local brands close their doors.

The most recent indication of this shift to international brands is the announcement by Sears that it is preparing to lease space to Primark, the European retail group, in seven of its location.  Primark is preparing to open its first store in the U.S. in Boston, during next year.  Sears will however still retain a presence in six of the locations.

The senior vice president of retail services at JLL Retail, Michael Hirschfeld, said the biggest shifts during the past years have been a range of tenants entering the United States.  He said that the luxury, mass-market businesses, such as Zara, H&M and Uniqlo have moved into the U.S, often taking away custom from the local retailers.  

H&M opened 29 stores in the U.S. over a nine-month period ending August 31.  On the other hand, Aéropostale has been struggling to compete against the fast-fashion brands and has confirmed that it will be closing 120 of its stores by the close of 2014.  This is a much higher number than the original plan of closing  40 to 50.  This figure is an additional number to the 125 P.S. By Aéropostale which have already been scheduled for closure.

JLL have released a new report which ranks the most attractive markets for international retailers.  These are based on rent, vacancy levels and population growth forecasts.  Markets with a marked international presence, such as Miami and New York City have been favored.

Related shopping malls and stores:

More about shopping malls in the USA



YESTERDAY, USA:
Brookfield Properties, one of the largest mall operators in the U.S., reduces 20% of its retail staff.
YESTERDAY, USA:
An American fashion company has to fire almost 4,000 employees to save money.
DAY BEFORE YESTERDAY, Japan:
The application, named StyleHint, will help you find fashion offers from brands including UNIQLO and GU.
Sep 21, 2020, China:
The Chinese online retail giant has officially introduced a logistics robot that will deliver goods to consumers.
Sep 21, 2020, USA:
The retailer's trademark will be called Free Assembly, under which customers will be able to buy clothes for both men and women.
Sep 18, 2020, Taiwan:
Dutch studio MVRDV has transformed an abandoned shopping center in Taiwan into an unusual public space.
Friend
and Follow
I Viali GLA:452 084 SF
ADDRESS: Via Dei Cacciatori 111 - 10042 Nichelino TO - Piemonte
Italy . Torino
I Viali
FAN Mallorca Shopping GLA:592 015 SF
ADDRESS: C/ Cardenal Rossel, S/N. 07007 Palma de Mallorca
Spain . Palma
FAN Mallorca Shopping
Madrid Xanadú GLA:1 184 030 SF
ADDRESS: Autovía A5, salidas 22 y 25 - 28939
Spain . Madrid
Madrid Xanadú
Olympia Einkaufszentrum GLA:602 779 SF
ADDRESS: Hanauer Straße 68, 80993
Germany . Munich
Olympia Einkaufszentrum


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us