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Joel Groover

White-knuckle gridlock, scarce green space, a booming population and dead malls in lively locales add up to one thing for retail developers in Florida
Revitalizing Spokane
Stand inside River Park Square's five-story glass atrium on a Friday night and you'll see long lines at the AMC 20 Theatres and hear laughter spilling
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Execs at publicly traded REITs dial Kemper Freeman Jr. with the annoying regularity of telemarketers. And they're about as likely to take Thanks, but
Tees, knits and minis sporting the Abercrombie & Fitch logo were flying off the shelves at nine London stores earlier this year and Abercrombie officials
Sears boosts brand image with Lands' End purchase
Sears plans to boost its apparel business by acquiring Dodgeville, Wisc.-based Lands' End, the specialty apparel retailer known for its catalogue and
GE Capital this week acquired 59% of Jacksonville, Fla.-based Regency Centers, the nation's largest owner of grocery-anchored neighborhood centers. And
Discounters post strong sales; NRF raises retail sales estimate for 2002
The National Retail Federation (NRF) today responded to strong growth in several major economic indicators by raising its retail sales estimate for 2002.
Kmart announces it will close 284 money-losing stores
Kmart Corp. today said it will shutter 284 under-performing stores and slash 22,000 jobs as part of its Chapter 11 reorganization plan. The Troy, Mich.-based
Retailers report strong February numbers as Greenspan declares economic recovery "well underway"
Amid speculation the economic downturn is over, major retailers including Target, J.C. Penney and Ross today announced stronger-than-expected February
Chico’s FAS posts record quarterly and end-of-year earnings
Chico’s FAS today reported a 72% increase in net fourth quarter income compared to the prior year. The Fort Myers, Fla.-based retailer — which sells designer
General Growth buys JP Realty for $1.1 billion
General Growth Properties today announced a $1.1 billion deal to acquire JP Realty Inc. of Salt Lake City. The acquisition will add 18 malls and 26 community
Analysts: 'Actions of Dutch court no real threat to Rodamco deal'
A Dutch court acting in response to a suit from an activist shareholder group has temporarily blocked the $5.3 billion bid by three U.S. mall REITs to
Simon Property Group reports solid earnings for quarter, year
Showing resilience in the face of the economic downturn, Simon Property Group Inc. today reported a stronger-than-expected performance for the quarter
Bucking the trend, Chico’s reports strong sales
At a time when many women’s apparel retailers are suffering, Chico’s FAS Inc. today released a set of rosy financials. The Fort Myers, Fla.-based retailer
Kmart’s stock price rebounds as its restructuring efforts gain favor with Wall Street
When Kmart Corp. filed for Chapter 11 bankruptcy protection Jan. 22, its stock price — which had reached a 52-week high of $13.55 in August — plummeted
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