Challenged is an Understatement
Academic-minded economists may bicker over the exact moment the current recession started, but retailers want to know when it's going to end. For many,...
Wants vs. Needs Shape Retail Outlook
To adulterate a Rolling Stones lyric, consumers can’t always get what they want, but they just might buy what they need. ...
Shopping Center in Scottsdale Fetches $16.75 Million
In a sign that high-quality properties are in demand, Scottsdale Place LLC, a real estate developer, has sold The Shops at Zócalló, a 26,595 sq. ft. center for $16.75 million. ...
Developers Head Back to the City
Urban retail takes center stage nationally as suburban mall projects stall and demographics shift....
New York Braces for a Retail Plunge
Across the country, thousands of retailers have been forced to close their doors because of financial difficulties. But in New York City, American and...
Chain Store Closures: 3,681 and Counting
As the summer winds down, store closures are piling up. Through mid-July of this year, chain store closures tallied 3,681 compared with 4,603 for all...
Challenging Months Ahead for Shopping Center Owners
As the number of retail store closings continues to rise, landlords in the retail sector should brace for falling rents and declining occupancy. ...
Job Losses Lead to Rising Vacancies in U.S. Property Sectors
Suzanne Mulvee, a senior real estate economist with Boston-based Property and Portfolio Research, believes the loss of 51,000 non-farm payroll jobs in July and 463,000 since the start of the year doesn’t bode well for U.S. commercial real estate. ...
Chain Store Sales Increase, ICSC Reports
Chain store sales rose by 2.6% in July over the same period in 2007, according to the International Council of Shopping Centers — a bit of good news amid a plethora of gloomy reports on the weakening U.S. economy....
Starbucks Takes Its Lumps
Howard Schultz has had better summers. First he lost a protracted battle with the new owners of the Seattle SuperSonics...
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