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Search resuls for: "Kate King"


25 mentions found


☆ Shoppers Prefer Staying Outdoors. That’s More Trouble for Malls.
  + stars: | 2024-01-15 | by ( Kate King | ) www.wsj.com   time to read: 1 min
More than half of Bath & Body Works stores in the U.S. and Canada are now outside of enclosed shopping centers. Photo: Jeffrey Greenberg/UCG/Universal Images Group/Getty ImagesNational chains are accelerating their exit from malls for other types of retail locations, signaling more trouble for malls as consumers show a growing preference for shorter, more convenient shopping experiences. Jewelers, shoe stores and other specialty retailers are among the operators making the shift, indicating they will continue opening at outdoor, non-mall locations such as grocery-anchored shopping centers and strip malls after finding that they perform better and typically save on costs.
Persons: Jeffrey Greenberg Organizations: Body Works, Getty Locations: U.S, Canada
☆ Buybuy Baby Comeback Bets Expectant Parents Want to Shop in Stores
  + stars: | 2023-11-27 | by ( Kate King | ) www.wsj.com   time to read: 1 min
Baby-products retailer Buybuy Baby plans to open over 100 new U.S. stores in the next three years. Photo: Kate King/The Wall Street JournalWEST HARTFORD, Conn.—The new owners of Buybuy Baby recently reopened 11 stores, betting that many expectant parents still prefer to shop for strollers, cribs and car seats in person. Those stores had been closed for roughly three months after former parent company Bed Bath & Beyond’s bankruptcy. The baby-products retailer plans to open more than 100 new U.S. stores over the next three years, the company said, and eventually expand internationally. That number would put the company’s store footprint on par with where it was before the chapter 11 filing.
Persons: Kate King, —, Buybuy Organizations: Street, WEST HARTFORD, Bed Locations: Conn
☆ Strip Malls Are the New King of Retail Real Estate
  + stars: | 2023-10-31 | by ( Kate King | ) www.wsj.com   time to read: 1 min
Declining vacancy rates show strip malls don’t need large anchor stores to draw in customers and tenants. Photo: Jessica Pons/Bloomberg NewsA major shopping-center owner is spinning off all its strip malls into a new publicly traded company, indicating that this property type is thriving under a hybrid work environment. SITE Centers, which owns and manages open-air shopping centers in affluent suburbs, is placing 61 strip-mall properties into a real-estate investment trust called Curbline Properties, company executives said Monday afternoon.
Persons: Jessica Pons Organizations: Bloomberg, SITE Centers
☆ Food Halls, a Hot Real-Estate Investment, Conquer the Suburbs
  + stars: | 2023-10-23 | by ( Kate King | ) www.wsj.com   time to read: 1 min
Food halls, once a staple primarily of big cities, are rapidly multiplying in the suburbs as developers aim to capitalize on the rise of hybrid work and foodie culture. These collections of small restaurants typically have shared seating and offer a variety of gourmet and ethnically diverse cuisines. They target customers who are willing to spend $15 on an artisanal sandwich or want a meal from West Africa or one inspired by Asian open-air markets.
Locations: West Africa
☆ Times Square Goes From Deserted to Bustling
  + stars: | 2023-10-10 | by ( Kate King | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/real-estate/commercial/times-square-goes-from-deserted-to-bustling-c04c2736
Persons: Dow Jones
☆ The New York City Hotel Market Is Staging Its Pandemic Rebound
  + stars: | 2023-10-10 | by ( Kate King | Photographs Sawyer Roque For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
The pandemic hit New York City harder than any other U.S. lodging market as tourists stayed away and business travel dried up. Dozens of hotels with thousands of guest rooms closed. The Gansevoort Hotel in New York City stands closed on April 8, 2020. Photo: Jeenah Moon/Bloomberg News
Organizations: Bloomberg Locations: New York City
☆ Gucci, Chanel and Other Luxury Retailers Splurge on American Real Estate
  + stars: | 2023-10-02 | by ( Kate King | Photographs Scott Mcintyre For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/real-estate/commercial/gucci-chanel-and-otherluxuryretailers-splurge-on-american-real-estate-9e82c588
Persons: Dow Jones
☆ U.S.’s Hardest-Hit Hotel Market Primed for a Comeback
  + stars: | 2023-09-19 | by ( Kate King | Photographs Sawyer Roque For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/real-estate/commercial/u-s-s-hardest-hit-hotel-market-primed-for-a-comeback-f008377c
Persons: Dow Jones
☆ A Mall Owner’s About-Face: Bet on America’s High-End Malls
  + stars: | 2023-09-12 | by ( Kate King | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/real-estate/commercial/a-mall-owners-about-face-bet-on-americas-high-end-malls-a32d9487
Persons: Dow Jones
☆ A Bright Spot in Commercial Real Estate: Retail Shops
  + stars: | 2023-08-21 | by ( Kate King | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/real-estate/commercial/a-bright-spot-in-commercial-real-estate-retail-shops-a3ef009e
Persons: Dow Jones
☆ Kate King — Reporter at The Wall Street Journal
  + stars: | 2023-08-17 | by ( Kate King | ) www.wsj.com   time to read: 1 min
Kate KingKate King covers New York City real estate for The Wall Street Journal and writes frequently about how remote work affects the city's office districts, businesses and neighborhoods. She also writes about retail real estate nationally, with a particular focus on the evolution of in-person and online shopping. Kate previously covered business and economic development in the New York region and politics and government in New Jersey. Before joining the Journal in 2015, Kate attended the Columbia University Graduate School of Journalism and wrote about government and politics for the Stamford Advocate in Connecticut.
Persons: Kate King Kate King, Kate Organizations: Wall Street, Columbia University Graduate School of Journalism, Stamford Locations: New York City, New York, New Jersey, Connecticut
☆ Harlem, Pummeled by the Pandemic, Experiences a Tourism Revival
  + stars: | 2023-08-08 | by ( Kate King | Photographs Yuvraj Khanna For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/harlem-pummeled-by-the-pandemic-experiences-a-tourism-revival-f58ca260
Persons: Dow Jones Locations: harlem
☆ Local Malls, Stuck in ‘Death Spiral,’ Plunge in Value
  + stars: | 2023-07-31 | by ( Kate King | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/local-malls-stuck-in-death-spiral-plunge-in-value-a7998b7d
Persons: Dow Jones
☆ Manhattan Luxury Real-Estate Market Heats Up
  + stars: | 2023-07-11 | by ( Kate King | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/manhattan-luxury-real-estate-market-heats-up-b9591865
Persons: Dow Jones Locations: manhattan
☆ Office Turmoil Roils Ground-Lease Negotiations
  + stars: | 2023-07-07 | by ( Kate King | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/office-turmoil-roils-ground-lease-negotiations-f9e1bf06
Persons: Dow Jones
☆ New York Landlord Vornado Bets $1 Billion That More Commuters Will Return
  + stars: | 2023-06-27 | by ( Kate King | Craig Karmin | Photographs Victor Llorente For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/new-york-landlord-vornado-bets-1-billion-that-more-commuters-will-return-120ba6e9
Persons: Dow Jones
☆ Hotel Owners Start to Write Off San Francisco as Business Nosedives
  + stars: | 2023-06-12 | by ( Kate King | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/hotel-owners-start-to-write-off-san-francisco-as-business-nosedives-e84c64ef
Persons: Dow Jones
☆ U.S. Cities Are Rebounding—Just Not Near Your Office
  + stars: | 2023-06-08 | by ( Richard Florida | City Planning Specialist At The University Of Toronto | Konrad Putzier | ) www.wsj.com   time to read: 1 min
At the height of the pandemic, some analysts predicted that big cities would enter a downward spiral as remote workers sought more space and cheaper places to live. That happened to some degree early on, but it didn’t last. Michael Nagle/Bloomberg News
Persons: Michael Nagle Organizations: Bloomberg
☆ American Cities Are Starting to Thrive Again. Just Not Near Office Buildings.
  + stars: | 2023-05-30 | by ( Konrad Putzier | Kate King | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/american-cities-are-starting-to-thrive-again-just-not-near-office-buildings-d839798f
☆ Hilton, Marriott Square Off in Extended-Stay Battle
  + stars: | 2023-05-27 | by ( Kate King | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/hilton-marriott-square-off-in-extended-stay-battle-c4b98bc2
☆ Famed Discount Retailer Century 21 Thinks Small in Its New York City Reopening
  + stars: | 2023-05-15 | by ( Kate King | ) www.wsj.com   time to read: 1 min
Shoppers outside Century 21 in Manhattan in 2011. Call it Century 21 light. The flagship location next to the World Trade Center in lower Manhattan opens its doors again on Tuesday. The owners said the store will no longer feature categories such as home décor and full-price makeup counters. It will instead dedicate floor space to midtier and high-end designer apparel, dropping budget items that could easily be found at other off-price retailers.
☆ Online-Only Startups Adopt a Bold New Strategy: Opening Actual Shops
  + stars: | 2023-05-13 | by ( Kate King | Photographs Levi Mandel For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
When Warby Parker started selling eyeglasses online in 2010, the last thing its founders wanted was a lot of retail space. Warby Parker’s business plan was to cut out the middlemen and sell directly to customers. That included avoiding landlords and their demands for long, expensive leases. Selling online was the cheapest way to reach as many customers as possible, as quickly as possible. And the founders were full-time business-school students, leery of borrowing money to build out shops.
☆ The Decline of the Five-Day Commute Is a Boon to Suburban Retail
  + stars: | 2023-05-09 | by ( Kate King | ) www.wsj.com   time to read: 1 min
As fewer people commute to workplaces, there have been more trips to suburban shopping centers like this one in Topanga, Calif. Photo: Dean Musgrove/Associated PressA growing number of retailers in city office districts are relocating their businesses to the suburbs, where visits to shopping centers are on the rise as fewer people commute to downtown workplaces. With average office usage rates still only around half of where they stood before the pandemic in many major cities, many bars, restaurants and other retailers that cater to the five-day-a-week office crowd have been reeling.
☆ Nordstrom Is Closing San Francisco Stores as Cities’ Retail Pain Grows
  + stars: | 2023-05-03 | by ( Jim Carlton | Kate King | Suzanne Kapner | ) www.wsj.com   time to read: 1 min
Nordstrom plans to close its Nordstrom Rack store on Market Street and its mall department store at Westfield San Francisco Centre. Photo: Lea Suzuki/San Francisco Chronicle/Associated PressSAN FRANCISCO— Nordstrom is closing two stores near downtown San Francisco, including one in a prominent indoor shopping mall, the latest blow to the city’s retail landscape. The closures also reflect the challenges that merchants face in key business districts in large cities across the country, as they deal with rising operating costs, concerns about crime, and foot traffic remaining well below prepandemic levels.
☆ Bed Bath & Beyond’s Demise Creates Fresh Opportunities, Retail Landlords Say
  + stars: | 2023-04-26 | by ( Kate King | ) www.wsj.com   time to read: 1 min
Illustration: John McColganHundreds of shopping centers across the U.S. are poised to lose their anchor tenant in the coming months after Bed Bath & Beyond Inc. filed for bankruptcy and announced plans to eventually close its remaining stores. While property owners will have to absorb additional costs to lure replacement tenants, and some might still struggle to fill large vacated spaces, many landlords say they aren’t worried.
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