...a partial quote from another writer....So much of what you hear may be rooted in fact, at least in the early planning stages. It doesn't mean it's actually going to happen. I know we all want Macy's, etc. However, we suffer from an unusual problem, we are the wrong demographic for many stores. Clothing is bought mostly by my 19 year old daughter. (I don't mean all 19 year olds, I mean mine specifically is buying most of the clothes in the country!!!) We cannot offer that to them. They not only sell most of their clothes to younger people, they can get away with higher markups on trendy brands. Say one thing for us old folks, we know how to look at a price tag.
you said it all...we are the wrong demographic. Belk just recently added a Juniors department, but their Children's department has always been an underperformer. In order to be successful a deparmtnet store should offer their entire assortment. For a Mall to be successful they have to have all sorts of stores, mixed appeal....can you imagine a store such as Hot Topic or Pacific Sunwear, but those stores have to be represented in most mall duel to contractual agreements with the mall developers. It won't happen here.....it makes no economic sense.
Last edited by travelguy; 02-10-2013 at 09:02 PM.
Reason: missed quote
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