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Here are some news and notes on retail and retail real estate from around the Web today.
- We published our weekly news analysis looking at the potential effects of the GM and Chrysler bankruptcies. We also posted our Chart of the Week, a look at the amount of outstanding multifamily and commercial real estate debt from 2003-2008.
- Drapers reported that British retailer TopShop is moving ahead with its planned U.S. rollout.
- CNN reported on growing rancor over S&P's warning that it may soon downgrade hundreds of recent bond issues. In response, Square Feet wrote about how uncertainty is killing the hopes of any recovery in the CMBS market.
- Fitch Ratings issued a report looking at the various challenges retailers face in the current environment, including "liquidity, pricing, inventory and cost management as well as management of pensions and real estate."
- Reuters previewed the May sales reports for the retailer sector and warned that "most U.S. retailers are expected to post declines in same-store sales in May." Retailers will report their results on Thursday.
- Discount retailer Big Lots is is testing an upscale prototype.
- The Financial Times reported on Westfield's efforts to work with its London tenants over a dispute on fees.
- Lastly, the New York Times featured a long and thoughtful blog post on the future of malls.
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