Retail Focus 9/28/19 – Pier 1’s Difficult Quarter; More Forever 21 Rumors; Halloween Projections
Amidst an ongoing turnaround plan, Pier 1 puts forth a difficult quarter but hopes their strategy will begin to pay off for the holidays. Meanwhile, more rumors surround a potential deal between two REITs and Forever 21, and we discuss convenience store operators’ relative optimism for the winter season. We wrap up by looking at IKEA’s new smaller store in Queens and projections for a potential decline in Halloween sales.
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