Department Stores
Belk has 293 stores in _____ states ?
16 states
Company is 135 years old
What is the highest volume QSR in the US ?
Chick Fil A -latest report is 9.4 Million for non-mall stores
Chick-fil-A's unit volumes at stand-alone restaurants hit $9M last year (restaurantbusinessonline.com)
1. Chick-Fil-A ($6,710k)
2. Raising Cane's ($5,440k)
3. Shake Shack ($3.800k)
4. Whataburger ($3,725k)
5. McDonald's ($3,625k)
6. Culver's ($3,280k)
7. Panera Bread ($3,230k)
8. In-N-Out Burger ($2,970k)
9. Chipotle ($2,800k)
10. Krispy Kreme ($2,760k)
2023 QSR top 30 list of fast food chains by per-unit sales - Retail Watchers
What does PSF stand for ?
Per Square Foot
What type of property is known for its upscale retailers and higher end restaurants?
Lifestyle Centers
The Summit
Avalon
This past shoe retailer once had 4700 stores in the US, Puerto Rico and US Virgin Islands. They closed all US stores in 2019.
Payless ShoeSource
Name two Department Stores opening smaller 30,000 Sf +/- stores
Macy’s
Kohl’s
What US Mall has the highest Sales per Square Foot?
1. Bal Harbor $2,555 psf
2. Forum Shops at Caesar's Palace $1,750 psf
Source- 5 Most Profitable Malls in the World - Insider Monkey 6.22.2023
In a Gross Lease, who pays the CAM and/or Taxes ?
The Landlord
What is a QSR
Quick Service Restaurant
In the last five years, What year had the most retailers file Bankruptcy?
2023 / 2022 / 2021 / 2020 / 2019
2020 - 52
2017-41
2018-34
2019-32
2021-21
Source- Retail bankruptcies in the U.S. 2010-2022 | Statista
In 2005 these two retailers merged and had over 3,500 stores. Today they have less then 20 stores
Sears and Kmart
What is the average Sales PSF for Apple Stores
Apple- $6,050 psf
ECR stands for ?
Easements, Covenants and Restrictions
What is the largest Mall in the USA
1. Mall of America 5.6 M SF-Bloomington MN
2.American Dream- 3.0 M SF- East Rutherford NJ
3. King of Prussia Mall 2.9M SF- Philadelphia PA
4. Aventura Mall 2.8 M SF - Miami FL
5. South Coast Plaza -2.8 M SF- Costa Mesa CA
Source- Biggest Malls in the US: Mall of America, American Dream, and More (businessinsider.com)
Name two anchor sporting goods retailers that filed bankruptcy and closed all their stores.
Sports Authority
Gander Mountain
Modell's
The world's largest discount department store, which started as a Ben Franklin Store
Walmart
What are average sales psf for Home Depot or Lowes in 2022 ?
Home Depot $627 psf
Lowes $497 psf
Source- Sales per square foot of Home Depot & Lowe's 2022 | Statista
What does CBD stand for ?
Central Business District
What is the Largest Retail store by size for one location
Macys - Herald Square NYC 2.5 M SF overall and 1.25 M SF for retail
Source- Macy's Herald Square - Wikipedia
Two Home Furnishing retailers that files chapter 11 and closed all their stores.
Bed,Bath & Beyond
Tuesday Morning
Pier 1 Imports
How many department stores are in the US
5,349
Source- Statista
in 2015 7,885
projected for 2025- 4.678
Why have retailers' sales psf been difficult to understand in the last five years?
Ecommerce Sales
Sales made online -retailers report this figure differently. Some include them in sales from stores and some count them as a separate sale attributed to ecommerce.
These are most often found in the mall in the middle of the walkways
Kiosks
Name three anchor tenants that used to be in Brookhighland Plaza
Walmart, Books A Million, Ross, Dicks Sporting Goods, Goodys, Winn-Dixie
What Amazon owned retail stores closed for good in 2022 and 2023
In 2022 they closed all 4-Star, Amazon Books and Amazon Pop-up Shops
In 2023 Amazon closed its Amazon Style Stores