For commercial real estate investors, Brazil is a dream and Spain is a nightmare, Michael Pralle, president of real estate private equity firm J.E. Robert Cos, said on Wednesday. "I'd avoid Spain and Italy right now, and be patient in the United...

For the second time in less than three months JCPenney is announcing that its scaling back its store openings. In April, it first divulged plans to cut its openings in 2008 from 50 down to 36. Now it's cutting targets from 2009. It will only open...

Starbucks is downscaling its music sales business while Armani Exchange is ramping up its music operations.

Taubman Centers COO Bill Taubman and Saks CEO Steve Sadove talk about retail trends, including the back to school shopping season, in this CNBC clip.