Gap Inc. saw another important management shift yesterday with the resignation of Maureen Chiquet, president of the retailer’s $1.9 billion Banana Republic division. Unfettered by any employment contract to Gap...
Vans is entering into negotiations with its landlords for lease terminations or rent reductions related to its 11 skateparks, three of which are owned by Mills Corp., two by Simon Property Group, one by PREIT and one...
Will it be L.A.’s Del Amo Fashion Center or San Francisco’s Great Mall of the Bay Area? Real estate execs are wondering which of the two California properties is about to fall into Mills Corp.’s portfolio. On Friday...
Both sides are saying they won, but Wall Street analysts are still unsure whether Indianapolis-based Simon now has the upper hand in its hostile takeover bid for Bloomfield Hills, Mich.-based Taubman. Yesterday...
Both sides are saying they won, but Wall Street analysts argue that Indianapolis-based Simon now has the upper hand in its hostile takeover bid for Bloomfield Hills, Mich.-based Taubman. Yesterday, Michigan District...
Shopkeepers in Manhattan's Chinatown are asking city government to help rejuvenate retail traffic in their neighborhood, as SARS-wary consumers avoid the district. Though no SARS incidents have been reported in...
A lawsuit seeking compensatory and punitive damages was filed today against GNC Franchising, Inc., a subsidiary of General Nutrition Companies, Inc., by New Jersey GNC franchisees and the nationwide GNC Franchisee...
Yesterday, the Spiegel Group announced plans to close 13 percent of its Eddie Bauer stores as part of the company’s Chapter 11 restructuring efforts. Twenty eight of the 60 stores to be closed are located in high-end...
A forum to discuss the sale of a 3,500-acre parcel of the former Marine Corps Air Station El Toro is planned for 10 a.m. on April 28. The site is the largest land sale in Orange County, Calif., in the past 30 years...
Negotiations for Orange County, Calif.’s largest land sale in 30 years are set to jumpstart April 28. The deal, which will break up a 3,500-acre tract of in-fill land at the Marine Corps Air Station El Toro, goes...