The Business Times
business-time-50

Why bigger is not better for retail

Stores such as Sears, Walmart, Target, Macy's and Nordstrom are banking on smaller, more focused areas

Published Tue, Dec 26, 2017 · 09:50 PM

    Washington

    WITH holiday shopping in full swing, Sears decided it was time to host a "grand reopening" for its department store at Fair Oaks Mall in Northern Virginia, complete with magic shows, jugglers, face painting and free cotton candy.

    The biggest change for the decades-old shopping centre anchor? It was now just half its size.

    RetailSpaceWalmart

    TRENDING NOW

    The 1960s-era complex sits in the 24-hectare HarbourFront precinct, which is being redeveloped as part of the government’s vision to develop the Greater Southern Waterfront.

    Prima to move out of historic Keppel Road flour mill building in 2028

    Seviora expects the integration to create a more connected and seamless platform for clients, partners and employees.

    Temasek-related Azalea, SeaTown, Seviora Capital to merge in 2027

    As family offices become more institutionalised, the community is also coming together and seeking deals once only available to institutions.

    Family offices see more tailored products, leverage ‘collective firepower’ for direct deal access 

    Business events and meetings in the weeks leading up to the race weekend are expected to have created spillover benefits.

    Singapore room rates soar, but hotels seeing mixed demand from F1 race and events

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More