Staff and Wire Reports

Phillips Edison & Company recently announced the completion of its merger transaction with the publicly traded Aegis Realty Inc., and acquisition of the Aegis portfolio of 27 grocery-anchored shopping centers...

This week, Best Buy announced fast-track plans to sell its Musicland operations, which include 736 Sam Goody stores (500 or so are mall stores, the rest are rural locations), 383 Suncoast Video stores and 76 Media...

Federal Realty Investment Trust today announced the acquisition of South Valley Shopping Center and Mount Vernon Plaza, adjacent properties located in Fairfax County, Va. Acquired from unrelated, private owners, the...

War with Iraq has prompted the National Retail Federation (NRF) to revise its 2003 forecast for GAFS sales (general merchandise stores, apparel stores, furniture and home furnishings stores, electronics and appliances...

Federal Realty Investment Trust today announced the acquisition of South Valley Shopping Center and Mount Vernon Plaza, adjacent properties located in Fairfax County, Va. Acquired from unrelated, private owners, the...

Federated Department Stores, Inc. plans to redevelop the former Stern's store at Roosevelt Field in Garden City, N.Y., into a Bloomingdale's Furniture Store and the area's first Galyan's store...

Angst in the teen fashion segment reached new levels this week. On the heels of dismal first quarter sales reports from bebe and The Wet Seal, Charlotte Russe Holdings Inc. announced it expects comparable store sales...

Federated Department Stores, Inc. plans to redevelop the former Stern's store at Roosevelt Field in Garden City, N.Y., into a Bloomingdale's Furniture Store and the area's first Galyan's store...