Quote:
Originally Posted by Freddypop
Not worried. Regent has a list of retailers that want into the mall but have been waiting for space to open up. This is an opportunity to see new-to-market stores take up the space. I don't expect the space to be vacant long. Expect also to see movement of existing stores into the yet-to-be vacated spots opening up prime locations in the mall for the new stores
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We get these announcements every year post Christmas, and people always overreact. You are surely correct and there are businesses waiting to set up in all of the regions malls. This is the natural cycle of retail spaces.
Gear up for Christmas shopping -----> Christmas shopping boom ----> Reevaluate financial position post Christmas-------> Make adjustments (creditor protection, physical store relocations, rebrand)-------> Settle into new norm, and begin Christmas planning.