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What are we counting as a "department store?" Indy has a TJ Maxx.
Haha, weird list idea.I'm surprised Indy doesn't have any.Edit: Or maybe it does, according to Mwd711.
Pittsburgh subsidized multiple downtown department stores: a lord and taylor, a brand new lazarus, and offered tax breaks to saks to stay open. All in the early 2000s. All three are now closed. It doesn't work unless there is a market.Most downtown departmet stores are closing, miami, all of those in pittsburgh, columbus--it just isnt how we shop any more.
Quite a few of these cities also have large malls within 2-3 miles of downtown also, so having another location downtown would be repetetive and unnecessary.
Not sure what that means but I would define the term a little more broadly. Are we excluding chains like TJ Maxx because they don't sell appliances? For this purpose, I'm not sure we should. I certainly wouldn't say the role of a TJ Maxx or a Burlington is filled by existing options in downtown Cleveland, which is what I mean by "this purpose."
Is a downtown with a TJ Maxx not better off than a downtown with no such stores at all?
I agree that the discount chains are arguable, but I would still argue for their inclusion because they fill a huge void that's otherwise unfilled. Not a Nordstrom-sized or Nordstrom-shaped void, but still clearly a void. And I agree that TJ Maxx typically anchors a strip center instead of a mall... but wouldn't it be nice to add a strip center worth of stores to downtown Cleveland? Is a downtown with a TJ Maxx not better off than a downtown with no such stores at all? I can't believe that's even a real question.
If we're taking stock of which downtowns have one and which don't, shouldn't they all count? What's the point of doing such a comparison if a place with a Burlington and/or a TJ Maxx equals a place with nothing of the sort? Functionally, there's a much bigger difference between those and zero, than between those and Penney's.
Thanks..... to be clear, I think they are worthy of subsidies given the overall impact. However, I think it speaks volumes about a central business districts retail consumer base if a department store can be profitable without subsidies
Quote from: Hts121 on July 16, 2012, 07:09:36 AMThanks..... to be clear, I think they are worthy of subsidies given the overall impact. However, I think it speaks volumes about a central business districts retail consumer base if a department store can be profitable without subsidiesI dont see their impact. How is Macys in Downtown Pittsburgh helping? The area surrounding it isnt in the best shape and the store itself isnt that nice. Also, as I said earlier, Downtown Pittsburgh isn't filled will great retailers. It doesnt appear that their Macys is having any great impact on their downtown.