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Staples’ Excess Space List

Staples’ Excess Space List

See the following link for space Staples has listed with Excess Space.

Excess Space Dealmakers Ad

Everything must go: There’s a flood of store closings

Part of the problem for stores is that there is just too much retail space in many markets. There are about 46 square feet of retail space for every man, woman and child in the United States, according to Robin Lewis, CEO of The Robin Report, a retail strategy newsletter. That’s five times the space than in any other country,

“We’ve had overcapacity in this country for a long, long time,” said Lewis. “The economy now has gotten to the point where it is forcing [retailers] to contract.”

Competition from online retailers such as Amazon (AMZN) hasn’t helped. Radio Shack, Best Buy (BBY) and other electronics retailers have become vulnerable to so-called “showrooming,” in which consumers check out an item they want to buy in a store and then buy it at a lower price online.