Square Feet points out a very interesting exercise undertaken by RREEF. The company has taken its 2008 Outlook and marked it up to see how its predictions fared against reality. You can view the results below...
This fiscal year, Darden plans to open 68 to 72 new restaurants -- a number that the Orlando-based company had previously decreased from original plans calling for between 75 and 80. In 2010, the number of new restaurants is expected to drop to...
This isn't the first time we've heard about Japan experimenting with robot security guards at malls. But this new approach seems even more unusual--especially with the robot's Spider-man like web. ...
After failing three times to get the public financing it wanted to pay for part of a $2 billion expansion, the Mall of America won't be making another pitch to the Legislature this year. Instead, it's considering building the 5.6-million-square...
Home Depot Inc. plans to eliminate 7,000 jobs while closing four dozen stores under its smaller home improvement brands as the recession continues to batter the nation's housing market. The company said Monday the cuts will affect about 2...
"For retailers, bankruptcy is like a roach motel -- they can go in, but they won't come out," said Evan Flaschen, chair of the Financial Restructuring Group at Bracewell & Giuliani LLP. "There are very few people buying these businesses in...
Capital One Financial, Fifth Third Bancorp, KeyCorp, Huntington Bancshares and SunTrust Banks announced sharp fourth-quarter losses on Thursday, the start of a trickle of red ink at the nation's small and midsize lenders that could result in a...
Off-price clothing retailer Syms has quietly moved to sell or rent some of its real estate to other businesses, The Post has learned. The Secaucus, NJ-based chain is looking to sell or lease properties it owns in Long Island, New Jersey and...
Phillips-Van Heusen Corp., which owns the Calvin Klein, Izod and Van Heusen clothing brands, said Wednesday it will close 175 stores and lay off 400 employees due to the recession. About 250 of the layoffs will come from the company's salaried...
The number one movie at the box office last week was Paul Blart: Mall Cop. It's raked in $40 million and counting so far. There's another mall security movie slated for release later this year--Observe and Report. And now word has come out of a...
