It brought us Swedish meatballs, Billy bookshelves and endless queues on the London North Circular on Saturday afternoons. Now Ikea is going one step further and opening the Ikea Hostel, where customers can stay overnight if they haven't finished...
REIT stocks have suffered a massive sell-off for a while. But another indication that what is occurring may be an overreaction is the announcement from Simon Property Group that it has authorized stock buyback program. Under the program, the firm...
Gap Inc. said Thursday it has named Glenn Murphy, the former top executive of Canada's largest drug store chain, to be the new chairman and chief executive of the troubled clothing retailer. San Francisco-based Gap had been searching for a new...
Yesterday I posted about some impacts the sub-prime mortgage meltdown was having on commercial real estate, linking to stories and observations about changes in the CMBS and CDO markets. ...
