Economic Forecast | Sarasota-Manatee

Lorna Nagler
President, Bealls Department Stores | Retail

Company: Nagler expects a strong year for the chain's department stores, which have locations in nearly every market in Florida. One reason for optimism is a slew of new brands and products, from Under Armour to new Tommy Bahama offerings. A revamped women's shoe section is also upcoming. “We've curated the best of the best,” says Nagler. “We want to surprise and delight.”

Another reason for optimism: The 2015 debut of Bunulu, a millennial-focused chain with a concentration on athletic clothes and active wear. There are three stores so far, including one in Estero, and Nagler says inventory buyers for Bunulu continue to refine the right mix of fashion and function. There are no plans to open a store in 2016, yet, but Nagler says a site selection process is ongoing.