Bill Ackman's Pershing Square Capital Management seems to be everywhere these days: the firm has been an investor in Target, Borders and Sears, as well as in General Growth Properties, the country's second largest mall owner. The firm has also...
Looks like the retail sector continues its modest recovery. Industry data shows that September same-store sales were in line with analysts' expectations, though sales growth for the month was in no way spectacular. ...
With ICSC and the NRF each providing their holiday sales forecasts, the real fun now begins as people search for clues as to how the season will truly play out. ...
Talk about harsh. The Wall Street Journal is reporting that the Bucksbaums--the family that built General Growth Properties into the second largest mall owner in the country--will have no representation on the boards of directors of either of the...
We've reported before how private equity players are coming back into the market for retailers. In recent weeks, we've already seen the acquisition of fast food chain Burger King by 3G Capital. Meanwhile, bookseller Barnes & Noble has made no...
Retail real estate execs are always on the prowl to find the rare retailers willing to expand in today's climate. So there's some doubly good news on that front from GNC today. ...
Tanger Factory Outlet Centers CEO Steven Tanger appeared on CNBC yesterday and talked about what he saw happening with the American consumer. In part it's a reaction to the consumer confidence numbers, which remain quite grim. Tanger says that his...
Retailers competing in the toy market have had a notoriously tough time competing with Walmart. The Bentonville behemoth became the top seller of toys in the late 1990s and never looked back. Many department store have reduced or phased out toy...
For the better part of the past decade, developers and architects have been arguing about the best way to approach mixed-use projects. Mixed-use was the in-vogue concept back in the pre-recession days, but many of those projects ended up being...
