hares in Australian property firm Centro Properties Group (opened up 18 percent on Friday after it agreed an extension of maturities on about A$2.8 billion ($2.6 billion) of debt. Centro, one of Australia's highest profile casualties of the...
The calendar shift (with Easter falling early in April) and deep discounting among retailers helped propel the industry to a 3.6 percent gain in same-store sales. Easter is usually a slow period for retail sales, so having it fall in March meant...
Feldman Mall Properties, a co-owner of Colonie Center, has reached an agreement with an investor who has been pressing the company to make changes to its board of directors. The investor, James W. Sight of Shawnee Mission, Kan., will be nominated...
The New York Times has a piece today raising some alarms about Lightstone Group (which owns Prime Retail, among other assets.) Last June, the firm acquired Extended Stay hotels for $8.1 billion, which may now be causing the firm some credit...
For centuries, Istanbul lured intrepid shoppers with colorful jewellery and carpets which tumbled from shops in the ancient alleyways of the Grand Bazaar. Today, the city's affluent young middle-class is embracing a different kind of shopping...
