Off-price retailers enjoy tremendous loyalty from bargain hunters and they have successfully turned that devotion into one of the strongest sub-sectors of retail operating today.
On the surface, Amazon does not have anything meaningful in common with BJ’s Wholesale Club—or any other wholesale club operator—to support an acquisition.
Despite choppy same-store sales coming in 2016, the current market environment might be just right for ramping up the line-up of restaurant tenants, according to some industry observers.
The hope is that the new design that blends the building into the neighborhood and creates a welcoming environment will serve as a catalyst to revitalize the surrounding area.