Luxury Slide Could Spur Closings, Consolidation (1/20)
Jan 20, 2009
Last week’s announcement by Saks Fifth Avenue that it plans to cut 9 percent of its workforce as a result of slumping economic conditions could portend things to come for the luxury retail sector...
Trimming the Branches (1/8)
Jan 8, 2009, By Jennifer Popovec
Consolidation among commercial banks will lead to shuttering of branches as organizations look to prune portfolios....
Post Holiday Gift Returns Could Deal Another Blow to Retailers (1/6)
Jan 6, 2009
Amid a dismal holiday sales season, rife with low shopper traffic and huge markdowns, U.S. retailers might suffer another hit to bottom lines as stretched consumers take advantage of lenient return policies to trade in holiday gifts for cash. ...
Deal of the Week
Sep 24, 2008
Meridian Capital Group arranged a $285 million loan to refinance 717 Fifth Ave., a 115,630-square-foot retail/office condo in New York City. The loan, which featured a LIBOR-based floating rate and a five-year term, was placed with Greenwich Capital. ...
In Good Health
Sep 1, 2008
The current economic downturn might be causing headaches for owners of enclosed regional malls, but it seems to be benefiting outlet centers. For example,...
Shut Down
Aug 1, 2008, By Elaine Misonzhnik
When rumors surfaced in July that the mid-price department store chain Mervyns was on the brink of entering bankruptcy proceedings, the news hit landlords...
Mall Owners Join Retailers to Drive Back-to-School Sales
Jul 23, 2008
As retailers shift into high gear for the all-important back-to-school shopping season, mall owners and operators looking to boost sales at their centers are riding shot-gun....
Good as Gold
Jul 1, 2008, By Elaine Misonzhnik
It was a news blast worthy of the Great Depression at the end of April, Costco and Sam's Club, among other retailers, suddenly slapped rations on U.S....
Expert Q&A: Food for Thought
Jul 1, 2008, HERB WALTER Partner PricewaterhouseCoopers
Food prices have risen across the globe sparking unrest and protest in some areas. In the U.S., the reaction has not been that acute, but it has changed...
NEW DIRECTIONS
May 1, 2008, By Anne Field
Eighteen months ago, Joshua Weinkranz's phone was practically ringing off the hook with calls from tenants looking for space in Kimco Realty Corp. properties....
The Lap of LUXURY
Apr 1, 2008, By Lauren Shepherd
When Libby Lassiter began developing the Tysons Galleria in McLean, Va., in 1988, she decided to try something rather novel in those days anchoring a...
SEARS' NEW STRATEGY
Mar 1, 2008
For the first several years after the formation of Sears Holding Corp. the product of a merger of Kmart and Sears hedge fund manager Edward S. Lampert...
Brighter Future
Mar 1, 2008, Elaine Misonzhnik
Who says the era of retail buyouts is over? Although the credit crunch makes leveraged buyouts difficult, it doesn't mean that all deals are off the table....
Trouble Ahead
Feb 1, 2008, Elaine Misonzhnik
The 2007 holiday season proved to be a dismal one for U.S. retailers, crashing hopes that the months-long weakness in same-store sales was a temporary...
Retail's Holiday Picture Developing
Jan 3, 2008
Retailers pulled out all the stops during the days before Christmas by extending hours, upping promotions and doing everything they could think of to spur one last spending blitz ...
Outlets Grow Upscale
Jan 1, 2008, By Riccardo A. Davis
To get a sense of just how much the outlet shopping center world has transformed in the past decade, one need look no further than to the radical ups...
Report from ICSC New York: Deal Making Slows, But Optimism Reigns
Dec 5, 2007
After a rough few months that saw the credit markets seize, a slowdown in investment sales volume and what's expected to be a holiday shopping season, the buzzword at ICSC's New York National Conference...
Foreign Apparel Retailers Make Inroads
Nov 21, 2007
Innovative foreign-based apparel retailers are ringing up brisk sales in the United States and turning inventories faster than a fashion model strutting down the catwalk ...
Run for the Border
Nov 1, 2007, Riccardo A. Davis
Parking lots at shopping centers near the United States's northern border are suddenly jammed with vehicles with Canadian license plates as cross-border...
Holiday Forecast Calls for Mild Slowdown in Luxury Sales
Oct 3, 2007
To date in 2007, luxury chains have remained retail stars. Luxury department store chains have averaged same-store sales gains of 8.6 percent per month this year--higher than either 2005 or 2006. With the exception of June--when sales grew just 1.8 percent--the sector has soared....
Scalding-Hot Coffee Wars
Oct 1, 2007, Elaine Misonzhnik
The coffee wars scorch on. Retail wunderkind Starbucks Corp. has come up with a few new tricks in recent months in its attempts to widen the lead it has...
Back-to-School Jitters
Oct 1, 2007, Elaine Misonzhnik
Looking for a sign that this year's holiday shopping season will be slow? Check the back-to-school numbers. As the eight-week-long season (the second...
Is Starbucks Running Out of Steam?
Sep 12, 2007
The coffee wars scorch on. Retail wunderkind Starbucks Corp. has come up with a few new tricks in recent months in its attempts to widen the lead it has built over other java sellers at a time when Dunkin' Donuts has its sights set on becoming a national player and upscale upstarts try to erode the chain's marketshare. ...
Back-to-School Sales Jitters For Retailers
Sep 6, 2007
Looking for a sign that this year's holiday shopping season will be slow? Check the back-to-school numbers. With about two weeks to go in the eight-week long season (the second most important of the year for retailers), all indications are that sales will be down from the past two years. ...
Early Warnings
Sep 1, 2007
The back-to-school shopping season was not even over before some retailers came forward to temper expectations about the upcoming holiday shopping season....
