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



TODAY, USA:
The opening will take place late next week, on December 3.
YESTERDAY, Qatar:
Several malls opened in Qatar in 2021, with new openings planned for the fourth quarter of 2022.
YESTERDAY, United Kingdom:
The "Give Back Express" opened on Poland Street, London.
YESTERDAY, United Kingdom:
The new retail space is open in a "magical" concept that invites customers to take part in the game.
Nov 25, 2022, China:
Louis Vuitton continues to look for new growth opportunities in Asian markets.
Nov 24, 2022, Australia:
French luxury retailer is opening its first airport store in Southern Hemisphere.
Friend
and Follow
I Viali GLA:452 084 SF
ADDRESS: Via Dei Cacciatori 111 - 10042 Nichelino TO - Piemonte
Italy . Torino
I Viali
Optimum Outlet GLA:421 127 SF
ADDRESS: ve Eglence Merkezi | Istiklal Sokak No.2/B Yenisahra/Atasehir
Turkey . Istanbul
Optimum Outlet
Hillcrest Mall GLA:585 758 SF
ADDRESS: 9350 Yonge St, Richmond Hill, ON L4C 5G2
Canada . Richmond
Hillcrest Mall
212 Istanbul Power Outlet GLA:753 474 SF
ADDRESS: Mahmutbey Merkez Mah. Taşocağı Cad. No:5 Bağcılar  /  İstanbul
Turkey . Istanbul
212 Istanbul Power Outlet


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