| LIDS GOES FOR
KIDS
Hat
World Lids is up and ready to fashion themselves
for children. Their first Lids Kids store just
opened in Castleton Square Mall in northeastern
Indianapolis. The brightly lit, 800-square-foot
store with kid mannequins and novelty portraits
will cater to infants through 10-year- olds.
Lids Kids will not only be selling hats, but
also jerseys, dresses and accessories. It's a
paradise for miniature sports fans and their fanatical
parents.
Retailers such as Gap and J. Crew also have fashion
emporiums for little ones. "It's hard to
quantify how much parents are spending on that
age group. A lot of retailers see this as a market
and are leveraging the equity of the overall brand,"
said Michael Wood, vice president of Teenage Research
Unlimited.
Although traditional enclosed malls traffic has
dipped 30 percent in the past decade, the folks
at Hat World are optimistic. Castleton Square
is one of the most productive shopping centers
for Simon Property Group and the average annual
household income for the Castleton area is $77,000.
Hat World plans to open twelve more Lids Kids
stores. The most immediate will open in Greenwood
Park Mall and University Park Mall in Mishawaka.
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