The CMBS indices aren't quite the same as the ones for residential securities. Every six months, a new index is formed using the last 25 CMBS issuances. This story is referring to CMBX-4, which represents the most recent grouping of loans. It...
The U.S. economy may be stumbling, but J.C. Penney Co. Chief Executive Myron "Mike" Ullman III believes its biggest brand launch ever -- an exclusive line with Polo Ralph Lauren Corp. -- couldn't happen at a better time. "We think given this...
What's unclear from this story is whether this is purely something the firm is doing in Missouri or something it's doing nationally. Perhaps it's already been selling alcohol more broadly in other parts of the country. It's interesting nonetheless...
Fred's Inc. will close 75 stores, slash corporate overhead and revamp merchandising programs as part of a strategic plan unveiled Wednesday designed to improve the sagging financial fortunes of the 700-store Memphis-based discount retailer. In...
January sales reports are out. It's not looking a whole lot better than December. A lot of retailers are dealing with some calendar issues in addition to the slowing consumer market. Last year's fiscal calendar included 53 weeks for a lot of firms...
Wal-Mart Stores Inc. will open its first in-store medical clinics under its own brand name after leasing space in dozens of stores to outside companies that operate the quick-service health stops. The world's largest retailer said Thursday it...
I've been at the MBA's Commercial Real Estate Finance/Multifamily Housing Convention and Expo in Orlando. I intend to gather my thoughts and put a long post up in a day or so rounding up what I've seen and heard. For now, I thought I'd share a...
Add Charming Shoppes to the growing list of chains deciding to shut some stores. There's been a steady stream of these kinds of announcements in recent weeks. It still feels like it's within the range of historic norms for this time of year. It's...
