After all the hype and all the setbacks, including flood, fire and a seven-month delay, the British clothing retailer will this week open its first US flagship store in midtown Manhattan. "It's just Topshop mania over here," said TeenVogue's...
Some good news! Gottschalk's, which some said might be headed for liquidation, has received some bids including one from a Chinese firm that wants to keep the company operating. ...
Gottschalks Inc., the 104-year-old Central Valley department store chain, is moving closer to liquidation. Already operating in Chapter 11 bankruptcy protection, Gottschalks designated a team of liquidating firms as the lead bidder in a court...
Investors were told to look to to the housing market for signals that the market has bottomed. If that thesis is correct, then perhaps we're already there. (Clarification Barry Ritholz points out the media has largely misinterpreted the data...
Saying its lenders were unable to extend terms on a loan set to mature this week, supermarket chain Bi-Lo LLC here filed for Chapter 11 bankruptcy protection on Monday. The filing comes only weeks after a former sister chain, Bruno's Supermarkets...
Pier 1 had said last month it was looking to reduce store rents in talks with landlords and that it might execute early termination agreements for up to 125 underperforming stores if negotiations were unsuccessful. On Friday, Pier 1 said initial...
CoStar has a rundown of the latest Korpacz Real Estate Investor Survey and combines that with their own data to conclude that cap rates--already up--will continue to rise over the next 12 months. ...
Bloomberg has a long write-up on banks increasingly facing defaults on commercial property. Meanwhile, it appears the opening of Meadowlands Xanadu may be pushed back because of a default on a construction loan for the project. Originally Xanadu...
