With a volatile stock market, tightening credit and a cautious consumer, a casual observer could think that the good times are over for developing lifestyle centers.
Capris are so last season—Bermuda shorts are the new must-have summer item. Women are trading in their capris and gauchos of seasons past for this season’s latest knee-length short.
When Chattanooga, Tenn.-based CBL & Associates Properties redevelops existing retail space at Laurel Park Place mall in Detroit, it will add a 34,000-sq.-ft., seven-unit upscale food court that features offerings such as Bistro X, Sbarro, Asian Too and The Great Steak & Potato Co.
Urban-fashion retailer Downtown Locker Room (DTLR) expects to increase store traffic and sales by targeting shoppers with text message-based promotions.Male shoppers between the ages of 13 and 21 look to DTLR for the latest in urban-inspired footwear, apparel and music.