Now here's an interesting approach to the problems battering traditional booksellers--a merger of the sector's two behemoths, Borders and Barnes & Noble. Reports emerged yesterday that Bill Ackman, one of Borders' largest shareholders (he has...
There's been some developments on the potential Simon/Capital acquisition. ...
As I wrote here and here, spirits were exceedingly high at the ICSC New York National Conference and Dealmaking. It feels like a cloud has lifted and that brighter days are ahead. And companies are adjusting their business plans accordingly. ...
If you're looking for a sound bite summary of the New York National Conference and Dealmaking and the mood of the retail real estate sector, try, "It feels better." ...
After a rough October, same-store sales rebounded strongly in November, setting a promising tone for the all-important holiday shopping season. ...
Over the Thanksgiving weekend, it was revealed that Simon Property Group sent a letter to U.K.-based mall owner and operator Capital Shopping Centres asking Capital not to proceed with offering $1.2 billion in shares as part of an agreement to...
The Monday morning quarterbacking has begun as details emerge on Black Friday. ...
There was lots of follow-up to yesterday's news that J.Crew has agreed to a private equity buyout and it looks like we are not the only ones questioning what the game plan is. The New York Times has focused on Mickey Drexler and his credentials in...
Just as we predicted earlier this year, private equity firms are starting to pay closer attention to the retail sector. This morning news emerged that TPG Capital and Leonard Cohen & Partners have agreed to acquire J.Crew for approximately $3...
The big news in our industry from the U.S. Green Building Council at last week's Greenbuild Conference in Chicago was the official unveiling of the LEED for Retail and LEED Volume designations. ...