This deal caught my eye not just because of its size, but because it involves the Government of Singapore. One thing I've been wondering lately is whether the sovereign funds that have been making huge investments in the financial sector might...
Video rental company Movie Gallery today announced plans to close 400 more stores as part of its reorganization to exit bankruptcy.' Alabama-based Movie Gallery is the nation's number two video rental chain -- behind Dallas-based Blockbuster. ...
Loan volume dropped by 16 percent in the fourth quarter of 2007 in comparison with the same period in 2006, according to the MBA. The drop was largely attributable to the slowdown in the CMBS market. ...
This deal was teased last week and has gone through. Back when NRDC originally bought Lord & Taylor, everyone thought it was purely a real estate deal--that NRDC would redevelop some sites, particularly Lord & Taylor's massive New York...
The program will include closing 117 underperforming stores over the 2008-2010 period; downsizing the company's headquarters staff by approximately 13%; and a “broad-based productivity initiative, including the strategic procurement of non...
Simon Property Group was the first regional mall REIT to report fourth quarter results. (It's having its conference call at 11:00 and you can listen in via Webcast ...
Lord & Taylor, the venerable New York City retailer, is in talks aimed at acquiring Fortunoff, a Long Island institution that has been struggling in the last few years, a source close to the matter said yesterday. The talks had been ongoing...
Dell Inc. is closing its 140 'direct store' kiosks in the U.S. as it moves to sell its products through retailers like Best Buy Co. (NYSE:BBY) , the computer maker said Wednesday. The 120-square-foot kiosks, set up at malls and airports around...
