With the popularity of outlet center projects at its peak, The Lightstone Group, a well-known outlet center developer, has been looking into potentially building an outlet center in the Bronx, reports Crain's New York Business. ...
The honeymoon proved to be short for Ron Johnson and retail analysts. While the entire industry was beyond excited when Johnson took over control of JC Penney, he is now facing severe criticism and even calls for resignation. ...
Shares of General Growth Properties reached a record high last week, at $18.49 apiece, according to International Business Times. The company's stock is also being upgraded to Buy status from Neutral by analysts, who point to improving property...
The recovery may be slow and measured elsewhere, but a new research report from Colliers International shows that top tier retail corridors around the world are seeing huge spikes in rental rates. ...
While some retail industry insiders believe that Best Buy can still survive its recent downfall, seekingalpha.com has noted some disturbing similarities in how Best Buy's management in handling its troubles with what happened at Circuit City in...
The precarious financial situation in Europe affected U.S. retail sales in June, with Thomson Reuters expecting only a 2.4 percent increase in same-store sales for the month. The figure would be the lowest in three years, according to The Wall...
Upscale department store Nordstrom plans to finally open a store in Manhattan, in a planned hotel/residential tower at 57th Street and Broadway, according to The New York Times. The store will contain 285,000 sq. ft. of space. ...
