LAS VEGAS — The shopping center sector has always been Darwinian, but now more than ever, it’s survival of the fittest.
With attendance at last week’s ReCon convention here reaching a record high of 33,500 — a number not seen since before the recession — the industry’s mood is relatively buoyant, as long as the focus is on so-called “A” malls. Lesser properties, however, have their backs against the wall as retailers such as Sears Holdings Corp., Best Buy, Barnes & Noble and J.C. Penney Co. Inc. close stores, and a string of other chains go bankrupt.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)