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Retailers Announce Further Layoffs; Institutional Investors Still Love CRE (Friday's News & Notes)

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And the layoffs continue. Struggling book seller Borders became the latest in a string of big chain retailers to announce staff cuts. This should be of concern to retail real estate owners: a recent report by RBC Capital Markets posits that retail employment levels can be viewed as a leading indicator of retailer health and future store growth.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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