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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.

KEYWORDS IN THIS ARTICLE

Space

Walmart

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Companies & Markets

Consumer & Healthcare

Why bigger is not better for retail

KEYWORDS IN THIS ARTICLE

Consumer & Healthcare

Chinese tariffs could leave cognac makers with too much brandy

Holiday Inn owner IHG’s Q1 revenue up 2.6%, leisure travel demand remains strong

WSJ moves Asia headquarters from Hong Kong to Singapore

South Korea to slap fines on food suppliers for ‘shrinkflation’

Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share

Live Nation’s revenue beats estimates as boom in concerts drive ticket sales

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