01-09-2014, 06:31 PM
@Eric
The idea that PKP would lose both its long time anchor tenants is just that - a far fetched idea.
If folks read the article on Macy's (or the many other news reports on the recent closings) they would have learned that only 5 stores nationwide are closing. Given the total # of Macy's nationwide, this is an extremely low amount. What's more Macy's parent company is opening a Bloomingdale's at Ala Moana next year.
There's a reason why the Hilo Macy's is larger than Kona and Waikoloa. It's called demographics. Macy's is realigning, but overall the company is healthy.
Sears, on the other hand, is on life support. Just like JC Penny, Kmart, and others.
The idea that PKP would lose both its long time anchor tenants is just that - a far fetched idea.
If folks read the article on Macy's (or the many other news reports on the recent closings) they would have learned that only 5 stores nationwide are closing. Given the total # of Macy's nationwide, this is an extremely low amount. What's more Macy's parent company is opening a Bloomingdale's at Ala Moana next year.
There's a reason why the Hilo Macy's is larger than Kona and Waikoloa. It's called demographics. Macy's is realigning, but overall the company is healthy.
Sears, on the other hand, is on life support. Just like JC Penny, Kmart, and others.