Mall locations are what's going to drive Bombay's sales. Still, he noted, lifestyle centers and other high-end retail venues have also become increasingly attractive. At the same time, the company will also standardize its retail formats, which currently feature eight floor plans in sizes ranging from 1,300 to 6,000 square feet. Ideally, we're looking for spaces between 3,000 and 5,000 square feet. The number of floor plans will be streamlined from eight to three.
Insiders agree that the firm's overall direction makes good retail sense.
They've tried it here in Dallas, and it's been very good for them.