In times like these, your department makes money hands over fist. Choice of alternative space is plentiful, landlords at last, are begging to renegotiate contracts for more favorable terms, rents are falling, every dime you save the company fattens your bonus. Life is good.
Your retail presence has few requirements. Storefronts are best located in well maintained strip malls on busy streets, with safe and well lit parking. It is preferred that you stay near family friendly businesses, and away from pawn shops, saloons, tattoo parlors or payday loan stores. The company image is all important, and you'd hate to risk that by having unseemly neighbors, or ruffians hanging about outside your door.
Given the demands and opportunities of your new department, doesn't relocating your local store next to the Honey Baked Ham Store seem incongruous?
Toad