Here are some news and notes on retail and retail real estate from around the Web today.
- We posted a story about retail real estate investors being parked on the sidelines.
- Dow Jones Newswires reported that the "bottom fell out of the market for securities backed by commercial real estate loans Tuesday afternoon after Standard & Poor's raised the prospect of downgrades to the best-rated securities." The WSJ carried a longer version of that story in today's print edition.
- The weekly snapshot of chain store sales from Goldman Sachs and ICSC revealed that sales rose 0.8 percent.
- Apparel chains Chico's FAS, American Eagle Outfitters and Polo Ralph Lauren also had good news in the form of better than expected results.
- Amazon.com may be getting into the brick-and-mortar world and was granted a patent for what appears to be a mini-store.
- REIT Wrecks shared some opinions about non-traded REITs.
- New York Post reports on a brewing proxy fight at Saks.
- Supermarket News provides a brief update on the Target/Ackman board fight.
- Costco is accepting food stamps at two New York stores.
- David Stejkowski writes about TALF and debt ratings.
- Glimcher Realty Trust is shopping some of its assets, according to the WSJ.
- The Journal also checked in with Vornado Realty's new CEO.
- RGE Monitor provides a look at the state of real estate around the world and sees no signs of stabilization.
- Lastly, a hearing in General Growth's bankruptcy filing was postponed for two days.
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