Morgan Stanley Private Equity has moved into the supermarket sector with an agreement to acquire Tops Markets from international supermarket operator Royal Ahold for $310 million (€218 million). The deal is expected to close before the end of the...
The home furnishings stores of The Bombay Co. Inc. are going out of business across the country. Bombay, which filed for bankruptcy in September, said a joint venture of Gordon Bros. Retail Partners and Hilco Merchant Resources submitted the...
Lingering summer weather and an uncertain economy kept consumers out of malls and stores in September, leaving many of the nation's big retailers with disappointing sales for the month. As the merchants reported their sales figures Thursday...
We came across a new blog today, Jordan Crouch's Adventures in Mortgage Banking. According to the tagline, Jordan will be blogging about commercial real estate finance. There's still just a handful of blogs dedicated to this space. So it's good to...
We previously blogged about the deal between FAO Schwartz and Macy's to bring a store-within-a-store to the former Marshall Field's flagship on State Street in Chicago. But it turns out this may not be a one-off deal. According to the Chicago...
Here's a question that I've always wondered about: how closely is a REIT's performance tied to the performance of its tenants' sector? For example, if the retail industry goes south, how badly will that hurt retail REITs? I've always assumed that...
India's Emaar MGF Land is planning to launch a series of REITs in the next few years as it aims to construct a whopping 500 million square feet of commercial real estate--including office, residential and retail. ...
Eager to expand the holiday shopping season without provoking consumers, retailers are experimenting with a novel approach: earlier-than-ever advertising that deliberately plays down the tinsel and holly. Shattering records for an early start...
