Industry Headlines: October 3, 2013
- Business and the Shutdown: A Well-Timed Crisis for Retail: The shutdown isn’t exactly ideal for anyone, but it could certainly come at a worse time. (Wall Street Journal)
- Russian Mood-Sensing Retail Device Readies for U.S. Invasion: New retail tech encourages happy shoppers. (Mashable)
- Retail condos snapped up in shopping malls: An unusual model is growing in popularity in Canada. (Globe & Mail)
- Cousins Properties continues to exit retail: Another shopping center down for Cousins. (Atlanta Business Chronicle)
- Tight Budgets Don’t Mean Millennials Won’t Pony Up For iPhones And Chipotle: There are categories that withstand even the toughest time. (Forbes)
- Shopping malls on rise despite financial worries in Turkey: Global economic uncertainty aside, retail’s doing quite well in Turkey. (Hurriyet Daily News)
- Step Inside The Dubai Mall, The Biggest Shopping Mall On The Planet: Never been inside the Dubai Mall? Here’s a nice look around. (Business Insider)
- Online Retail Sales Are Down, And Why Some Retailers Don’t Care: Online retail just isn’t that important to many major brands. (Forbes)
- Shopping center group predicts stronger holiday sales in 2013: ICSC’s early predictions are looking good. (Milwaukee Business Journal)
- Canada’s retail megamerger boom: Many of Canada’s big retail names are coming together. (Financial Post)
- J.C. Penney Gains After Reiterating Improved Outlook: The retailer may have welcomed its shoppers back a bit too soon, but they do seem to be returning. (Bloomberg)
- Australian Retail Sales Increase in August on Department Stores: Shoppers are loosening their purse strings. (Business Week)
- A Wave of Sewing Jobs as Orders Pile Up at U.S. Factories: Production jobs are coming back to the US, but they’re not all being filled. (New York Times)
