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The Gadsden Mall is a regional 502,591-square-foot (46,692.2 m 2) shopping mall on U.S. Route 411 (Rainbow Drive) in Gadsden, Alabama. Located at the interchange of Interstate 759 and U.S. Route 411, it is in the southern section of the city. It is anchored by Belk, Martin's Family Clothing and Food City.
Schottenstein Stores owns stakes in DSW and American Signature Furniture; 15% of American Eagle Outfitters, retail liquidator SB360 Capital Partners, over 50 shopping centers, and 5 factories producing its shoes and furniture. [2]
In other cases, the merchant is assessed "counter rent" for a "store-within-a-store" concept, common in the cosmetics industry, but also not unheard of in clothing. In other cases, the vendor agrees to buy back unsold merchandise from the retailer — this is a common arrangement for higher-value seasonal clothing, like designer coats.
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Gadsden and Etowah County can soon expect an influx of vendors as the World's Longest Yard Sale kicks off Aug. 4-7.
Payless acquired the mid-priced shoe chain Parade of Shoes from J. Baker, Inc. in 1997. It opened locations on the sales floor inside Shopko discount stores, replacing J. Baker. As part of a major restructuring, Payless announced in 2004 that it will close down the Parade chain and hundreds of Payless outlets. [11]
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