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Dressbarn was founded in 1962 by Elliot and Roslyn Jaffe, who initially opened a single store in Stamford, CT. The company grew to a nationwide chain of approximately 650 stores that currently employ approximately 6,800 associates.
The financial crisis was a significant influence in dampening millennials early career opportunities, coupled with other shifts in the economy that changed the game.
JLL research shows that 37.3% of shoppers expect to see new and innovative retailers in their centers in the next 10 years. We heard from just a few of those innovators about the future of retail, AI and more at the firm's ICSC RECon press breakfast.
GlobeSt.com catches up with UC Funds on lack of transparency on retail sales figures, among other challenges. According to the firm's CEO, Dan Palmier, there are opportunities for those lenders who are creative or have an entrepreneurial lens.