New York Retail Turns ‘Darwinian’

turtlezevotron New York Retail Turns DarwinianFrom GlobeSt: "’We’re entering something of a Darwinian period for retail,’ said Joshua Podell, vice president of real estate at Jones Apparel Group. He predicted a ‘very rough’ 12 months ahead, as did Patrick Breslin, president of the Eastern retail group for Grubb & Ellis. The assessment by Stephen Ifshin, chairman and co-founder of DLC Management Corp., was along similar lines: ‘Only the strong will survive.’ Further shakeout among retailers is ahead of us, he said, and Breslin said this holiday selling season will be make-or-break time for many marginally-performing stores."

Article continues below
More from Politics
WASHINGTON, DC - APRIL 21:  Rep. Chris Collins (R-NY) talks to reporters following a meeting with fellow members of Congress and representatives from the Donald Trump presidential campaign at the National Republican Club of Capitol Hill April 21, 2016 in Washington, DC. The first member of Congress to endorse Trump, Collins said it is 'all but inevitable' that the real estate billionaire will get the 1237 delegates necessary to win the Republican presidential nomination during the first round of balloting at this summer's GOP convention in Cleveland.  (Photo by Chip Somodevilla/Getty Images)
Trump’s Congressional Liaison Joins Dem Effort to Get Fed Repayment for NYPD Security