by Terrie Ellerbee/editor-Southwest Stores of all stripes are downsizing, including grocery and department stores. Some are shrinking and offering the extra space to other types of retail formats. The relationship between Kohl’s and Aldi is a case in point. In March of last year, Kohl’s announced a partnership with Aldi, the German grocer, to sublet […]
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Recommended: Kohl’s To Sublet Space To Aldi
Kohl’s said Thursday it would bring discount grocer Aldi into as many as 10 stores later this year in a pilot test, as the retailer aims to scale down its real estate footprint and leverage space for others. CNBC reported in January that Kohl’s would be working with grocers and convenience stores to lease space […]