Wal-Mart Stores has opened its largest U.S. supercenter here by combining it with a closed Sam's Club location, according to reports. The 260,000-square-foot store is on two levels; Sam's Club had been on the ground floor, and the Wal-Mart store...
Today's earlier post not withstanding, the collapse of Bear Stearns may have some effect on commercial real estate financing. The CMBS market has been slow to recover from the credit crunch. And this may prolong that problem. In the mean time...
This is interesting. Borders may be up for sale. It has lined up $42.5 million for continued operations (chump change compared to the $30 billion the Fed's offering JP Morgan Chase to backstop Bear Stearns' assets). But it seems like continued...
Standard & Poor's announced the December results of its S&P/GRA Commercial Real Estate Indices. Retail was up from November to December, but was still up from one year ago. ...
This sure sounds like an interesting move. Walgreen Co. has rolled out its own line of clothing, Casual Gear, that will show up at its drug stores starting April 1. With times tough in the retail world I wonder if we'll see more of this--companies...
This isn't a positive sign. Nicholas Yulico at TheStreet.com, one of the best reporters covering the REIT market, has a story up showing that short interests in REIT stocks are approaching all-time highs. ...
It was about 18 months ago when Wal-Mart first talked of plans to cater some of its stores to specific demographic groups. The six major areas it talked about at the time included African-Americans, Latinos, affluent shoppers, empty-nesters...
