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Old Posted Oct 17, 2022, 2:01 PM
BuildThemTaller BuildThemTaller is offline
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Join Date: Oct 2014
Location: Long Island City, NY
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I always thought the Mag Mile was a loss leader for most retail stores. With all the foot traffic it gets, sales at that store isn't the top goal for these brands. It's just to get eyes on their brands from midwestern shoppers at what is essentially the most visible retail venue in the middle of the country. Brands come in and out of favor all the time. It's not a big deal if they close IMO. I think more and more "experience" stores like Starbucks Roastery are the future of retail anyway.
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