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Originally Posted by LA/OCman
Wow, that is terrible news from Hunter about ACNE and Urban Outfitters! The Angelo Home store just closed down as well. I wonder how the old May Company building has a chance to survive given that retail south of 8th is doing so poorly. The sad part is that the coffee house adjacent to ACNE will probably go as well since it is owned by ACNE. I really had hoped for a retail renaissance in that area.
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I have to say women shoppers will never feel safe walking down Broadway which is filled with drunk or high homeless, mentally ill yelling and screaming, and trash thrown everywhere. Retail will survive and be successful only where the homeless are not. I feel the Oceanwide/Luxe/Circa sites will be very profitable but we will have to wait for that.