Posted Feb 24, 2008, 5:04 AM
|
|
Registered User
|
|
Join Date: Jul 2007
Posts: 278
|
|
Mobile lacks that major affluent 'hook' that attracts upscale retailers in substantial numbers. Perhaps after these major industry projects positively impact the local economy in the next couple of years, then South Alabama will start appearing on the radar of higher end retailers. I could see Bailey Banks and Biddle, Bakers Shoes and Eddie Bauer re-entering the market. Also, our regional shopping centers need to be under the management and direction of strong REITS like GGP, Cousins, Bayer, Simons and even Jim Wilson and Associates. These firms would be able to use their strong relationships with various retailers to mold our shopping centers into interesting destinations.
|