More European Retailers Coming to US
ByThe Tiger store, a Danish concept that is coming to America
CHICAGO—Even though many regions of the world wallow in the economic doldrums, the US continues to act as beacon, bringing in investors and new businesses, including those from the retail sector.
“We are seeing a surge of interest in the US from European retailers,” James Cook, the Americas director of retail research for Chicago-based JLL, tells GlobeSt.com. “Even after a retailer has tapped all of the European markets, it is still under pressure to grow. And for cultural reasons it is easier for Europeans to make a leap across the pond to America than to open outlets in Asian markets.”…