David Koch

When hedge-fund investor Edward Lampert engineered the Kmart Holding Corp. takeover of Sears, Roebuck & Co. (see news story on page 10), he articulated a strategy to reverse the long slide of Sears. The plan? To...

On a chilly evening in late October, the long-awaited, much-hyped Victoria Gardens lifestyle center opened with much fanfare. A mariachi band and a 20-foot walking vine, called Divine, greeted residents who had come...

Starwood Urban has sold most of its $500 million portfolio in the past two weeks to Madison Marquette and Grosvenor, allowing both companies to further expand their retail presence...

The Austin Chamber of Commerce likes to boast that the local population doubles about every 20 years, about three times faster than the national average. Retailers can barely catch their breath. “We are still catching...

A massive sea change is on horizon for the U.S. retail industry and apparel worldwide. It will begin on January 1, 2005, with little fanfare. When the New Year's ball falls in Times Square, all nations that are...

Paper or plastic? When it comes to gift certificates, most consumers prefer plastic. In fact, almost 51 percent of shoppers say they want a plastic gift card for Christmas, an increase of more than 10 percent in two...

Car owners aren't the only ones carefully watching high gas prices. Market analysts who cover discount retail stores are also keeping a sharp lookout on creeping costs at the pump. With crude oil approaching $53 on...

With a 55 million-square-foot expansion announced this week, Wal-Mart is set to squeeze supermarkets further. Stores in strip malls have plenty to worry about with the world's largest retailer's plans renovation and...