When the transit hub in the Jamaica section of Queens was expanded in 2003 to enable passengers arriving by subway or train to get to Kennedy International Airport in eight minutes by light rail, community leaders hoped the glassy new AirTrain...
Although Sears Holdings Corp has taken its knocks, its worth may lay in hedge fund honcho Edward Lampert's ability to turn it around over time and the value of its real estate, according to an article in Barron's. In its Oct. 22 issue, Barron's...
Wal-Mart Stores Inc. said Monday it will spend $875 million to take full ownership of its money-losing Japanese subsidiary, Seiyu Ltd., as the U.S. retailer struggles to speed up management changes and reverse slumping performance in the world's...
The Abercrombie & Fitch flagship on Fifth Avenue employs a male model to stand shirtless near the store's entrance. A comedy troupe, Improv Everywhere, got wind of this practice and staged a mass walk-in of shirtless males. More than 100 men...
The index of leading U.S. economic indicators rose in September as stocks climbed and fewer Americans lost their jobs. The Conference Board's index gained 0.3 percent, matching analysts' predictions, the New York-based group said today. The drop...
Very few malls allow smoking indoors. But now Pyramid Cos. is banning smoking anywhere on its Carousel Center property in Syracuse... I wonder if this has any implications for outdoor centers. ...
Metro Detroit's newest mall, opening Thursday on a bustling stretch of Hall Road, isn't just revving up consumers eager for a new place to spend free time and extra cash. The Mall at Partridge Creek also is forcing other shopping centers in the...
PricewaterhouseCoopers and the Urban Land Institute released their annual look at Emerging Trends in commercial real estate. The verdict? It may be a rough year, but commercial real estate could remain a better bet than stocks or bonds. ...
Best Buy Co. said Wednesday it has stopped selling analog televisions and pulled all remaining stock from its shelves, signalling the end of an era as consumers increasingly move toward digital products with flat-panel and high-definition screens...
