Private equityhave a checkered history in the retail sector, often resulting in bankruptcies and liquidations, but they are undoubtedly a sign that retail is on the upswing. Now, after several years of a deal draught, market researchers expect M&A activity to come back, as many chains look for additional sources of capital. For this and other stories about retail and retail real estate, follow the links below:
- Mergers and acquisitions in the retail sector expected to increase in 2010, according to Reuters.
- Upscale discount chain Loehmann's faces financial difficulties as luxury retailers cut prices to lure in shoppers, reports The New York Post.
- Business Week asks whether a surge in consumer demand is here to stay.
- Forbes puts together a list of fastest-growing retailers.
- Georgia state senate has passed a bill to cope with retail burglaries, according to a Gainsvilletimes.com story.
- Warwick Mall, in Rhode Island, copes with the damage from recent storms, according to projo.com.
- Starwood REIT closed on a $280 million commercial real estate loan, reports Housing Wire.
- The New York Observer offers a profile of New York retail broker Joanne Podell.