Orlando, Fla. – Crossman & Company analyzed the retailers in the southeast market and assembled a list of tenants that have made announcements – expansions and closures – from late 2014 through the end of the first quarter of 2015.
A four-year study by the FBIC released in 2015 revealed that up to 46 percent of store closure announcements take place within the first quarter of the year.
The retailers have been grouped into three categories using a traffic stoplight metaphor to gauge their financial standings.
Green Light – These are retailers that are doing well and have announced plans for aggressive growth. The list is mostly made up of retailers that specialize in quick-service and fast-casual restaurants, service and fast fashion.
Retailers include Dollar General, Walmart Neighborhood Market and Starbucks.
Yellow Light – Retailers who have had to close a portion of their stores for various reasons and have triggered attention. These retailers have the potential to recover strongly or they may falter in the unstable space they occupy in the market
Retailers include Target, American Eagle Outfitters and JC Penney.
Red Light – These retailers have suffered losses, have filed for bankruptcy or are trending toward unprofitable metrics. Retailers that made the list have failed to evolve their brand in response to the shifting habits of their target demographics
Retailers include RadioShack, Sears Holdings Corp. and Delia’s.
To access a full copy of the Market Research Report we published, please visit www.crossmanco.com and click on the small picture of the report cover to download a copy. If you have any further questions, please contact Jennifer Jackson at firstname.lastname@example.org.
About Crossman & Company
Crossman & Company is the premier real estate firm focused on serving retail landlords exclusively throughout the Southeast – with offices in Atlanta, Boca Raton and Orlando – representing more than 200 shopping centers in Florida, Georgia, Alabama, Tennessee, South Carolina and North Carolina. The company was founded in 1990 with the goal of providing exemplary service to our clients around four core values: Maintain enthusiastically satisfied clients; Demonstrate servant leadership; Practice kindness, openness and humility; and Develop new talent. For more information, visit the company’s website at www.crossmanco.com.