Shopping center REIT performance continued to erode during the third quarter. Nearly half the shopping center REITs missed analyst estimates and several lowered their guidance for the remainder of the year...
Inland Investment Advisors Inc. disclosed beneficial ownership of 2,330,100 shares of Glimcher Realty Trust. The shares represent 6.2 percent of Glimcher’s outstanding common stock. Inland Investment Advisors bought 1,959,800 shares of Glimcher’s...
Circuit City’s announcement Monday that it was closing 155 stores, or 21 percent of its 721 U.S. locations, and planning to start lease renegotiations for others, will be echoed by numerous retailers throughout 2009, with the total number of...
It's 60 degrees outside, the leaves haven't begun to change color and most of us haven't had a chance to put away summer clothes, but that hasn't stopped retailers from kicking the holiday shopping season into gear. Last year, retailers started to...
As the credit crisis drags on, debt-ladened General Growth Properties, the nation's second largest regional mall REIT, may have no other choice than to sell the company. That move, according to some observers, could even happen before the end of...
