Industry Headlines: April 12, 2012
- Gap to get more teens ringing the register: A shift in teen spending sets Gap up for surprising success. (Market Watch)
- Is the ‘Year of Dragon’ Driving a Home Furnishings Boom?: An auspicious year for marriage and children may be pushing a rise in the furniture market. (CNBC)
- Mall developers offer free rentals to entice retailers: India finds itself with excess retail space, and comes up with new plans to fill it. (Live Mint)
- Autumn opening for Wintergarden revamp: Australia’s Wintergarden has been in the midst of redevelopment for years, but the end is in sight. (Sydney Morning Herald)
- Small brands proving beautiful for UAE malls: While the biggest centers host only the largest international luxury brands, small brands are finding their way in through smaller malls. (The National)
- Can Retailers Halt ‘Showrooming’?: Convincing online shoppers that retail locations are more than convenient change rooms is a challenge, but some retailers are taking successful steps. (Wall Street Journal – Subscription Required)
- John Lewis to open dedicated Olympic shops: These shops are sure to draw huge crowds, so if there’s a John Lewis in your center prepare for foot traffic and long lineups. (Brand Republic)
- Retail missing out on ample market: While the U.S. market has started adapting for larger waistlines, Australia is lagging behind the average consumer. (News.com.au)
- TV show Fashion Star taps into hot retail market for NBC: The reality show adds a new level of instant gratification to brick-and-mortar retailing. (Toronto Star)
- Meccas of Shopping Try Hand at Being Misers of Energy: Though conservation is harder to track than generation, it’s a direction more and more properties have to consider. (New York Times)
- Simon Property To Develop First Brazil Outlet Centers: The company plans to develop 12 retail centers in Brazil over the next 7 years. (Fox Business)
- Mood of European Shopping Center Owners Improves: Good to see things looking up. Until now, 2012 has looked bleak for European center owners. (Retail Traffic Magazine)
