The Commerce Department released its monthly sales tally for July. Overall, retail sales were down 0.1 percent. The problem area looks like autos. Sales for autos and auto parts were down 2.4 percent from June. When you exclude that, sales were up...
Our sister publication NREI takes a look at the forecast for shopping center owners. The site recently relaunched. The redesigned home page is here. ...
Tween Brands Inc. said Tuesday it's converting nearly 600 Limited Too stores to its lower-priced Justice brand as cost-conscious parents steer their children toward more discounted stores. The move will give the Justice chain about 900 stores ...
National retail liquidation and asset recovery firms will manage a court-ordered bankruptcy liquidation sale of Whitehall Jewelers Holdings, Inc., which operates 373 specialty jewelry retail stores. The sale, which will begin Wednesday, was...
TJX, the discount fashion retailer, said Tuesday that its second-quarter profit more than tripled from a year ago when it digested a charge for a widely publicized security breach. The company, which operates the T. J. Maxx and Marshalls stores...
Drug store chain CVS Caremark Corp., looking to build its West Coast presence, said Tuesday it would buy Longs Drug Stores Corp. in a deal valued at $2.7 billion. The $71.50 per-share cash offer, announced after the end of trading Tuesday, was a...
Inditex, Zara's parent company, recorded a 9% increase in sales to €2.218bn (£1.7bn) in the first quarter of its financial year. It also benefited from the strength of the euro to edge slightly ahead of Gap which saw its revenues fall by 10% and...
On Friday, I linked to a screed about the future of shopping centers. A blog called The Sledgehammer has written a response entitled In Defense of the Traditional Shopping Mall. The post is labeled "Part 1" so I'll keep an eye out for any future...
