South Florida bucks the national retail trend

Bal Harbour Shops will feature the first Barneys New York in the Southeastern U.S.

From the June issue: If you’ve taken any time to look up from your Amazon cart, you may have heard: Brick-and-mortar retail is dead.

The first half of 2017 has already seen dramatic announcements of store closings from once-surefire anchors such as JCPenney (138 stores), Macy’s (68 stores) and Sears (54 stores, plus 126 Kmarts), while traditional inline tenants like women’s clothing shop Bebe and teen apparel chains Rue21 and Wet Seal have ceased operations entirely.

But as retailers nationwide look to correct their myriad overextensions, South Florida is one spot that experts say is still looking pretty sunny. [more]

from The Real Deal Miami https://therealdeal.com/miami/issues_articles/south-florida-bucks-the-national-retail-trend/#new_tab
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