The Galleria has decided this year to be closed all day Thanksgiving. Exceptions are the department store anchors.
https://www.dallasnews.com/business/ret ... y-shopping
Retail / shopping issues
Re: Retail / shopping issues
More pain in traditional retail....
Gap CEO says it plans to close 'hundreds' of its namesake stores
https://www.dallasnews.com/business/ret ... ake-stores
Gap CEO says it plans to close 'hundreds' of its namesake stores
https://www.dallasnews.com/business/ret ... ake-stores
Re: Retail / shopping issues
Tnexster wrote:More pain in traditional retail....
Gap CEO says it plans to close 'hundreds' of its namesake stores
https://www.dallasnews.com/business/ret ... ake-stores
Wow, that's interesting. I wonder if at some point they will try to consolidate their three brands into single stores. I don't know if that would be viable at all, but it seems like they've got quite a bit of expense tied up in their real estate footprint between Banana Republic, Gap and Old Navy. If not all three, then maybe Gap and Banana Republic?
Re: Retail / shopping issues
The problem with the Gap is that is sits between the low end Old Navy and the upper end Banana Republic and since the middle markets of most retail is vanishing they are hurting and will continue to do so until something can prop back up the middle class consumer. We will see a lot more of this in retail as this all shakes out.
Re: Retail / shopping issues
So you're saying there's a gap?
Re: Retail / shopping issues
I45Tex wrote:So you're saying there's a gap?
- The_Overdog
- Posts: 718
- Joined: 21 Oct 2016 14:55
Re: Retail / shopping issues
The problem with the Gap is that is sits between the low end Old Navy and the upper end Banana Republic
In my opinion, the problem with The Gap is that their clothes choices for both women and men are dreadful. They stopped making clothes that people could wear to office work so they could chase styles. Half the clothes there now look like flannel that you can get better quality versions of at so many places for less money, but how many people wear flannel to office jobs?
Re: Retail / shopping issues
The last time I was in a Gap store was probably at least five years ago and that was in West Village. I just remember it being a mess, never walked into another one. I think dreadful sums it up quite well.
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Re: Retail / shopping issues
Retail occupancy rate hits 92.4 percent in Dallas-Fort Worth despite rise of online shopping
https://www.dallasnews.com/business/ret ... -stabilize
https://www.dallasnews.com/business/ret ... -stabilize