SteveH
Where's my Mai Tai?
- Joined
- Sep 8, 1999
Digging in to the failed relationship between TDS and Children's Place led me to the lawsuit over a closed store at the Montebello Town Center. Rent there ran some $17,234 per month plus 4% of net sales. At 155 stores thats $2.6 million a month! Combine that with the hikes in minimum wage, long term impact of mall shopping, and of course the ever present COVID-19 it all paints a rough retail picture. Plus, lets face the latest Disney movies have not exactly been that wonderful lately; Onward, Luca, Soul, Raya were not really big draws and the upcoming Encanto, and Turning Red don’t seem to be the same caliber as what we’ve come to expect from Disney/Pixar. Without big draws like Frozen, Toy Story, Cars, Monsters Inc. how do you get the young kids into a TDS? While the retail side has to stand on it's own, without big ticket feature films it's not easy to sell Mickey and Friends.