Houston Retail Performance Update

Monday, January 4th, 2010

In the retail community, there is an ongoing discussion about
consumers’ lack of brand and store loyalty. Chain stores long
ago took over the retail landscape, and the mom-and-pop
retailer is nearly a thing of the past. Kaplan’s Ben-Hur, an
independent department store operating in Houston’s Heights
neighborhood for decades, recently closed amid rising land
prices and falling revenues. [...]