In 1999, the City of New Haven pulled the plug on a proposal to build a megamall in the city's Long Wharf waterfront district. “The city wanted the mall,” says leasing agent Lou Proto, founder of the Proto Group, “but Westfield, which owns all the...
Federated Department Stores is deep-sixing its Macy's stores in the Deep South, in the face of Macy's losing battle for brand loyalty against regional sister chain Rich's. The Cincinnati-based conglomerate is closing its eight Macy's stores in...
Asbury Partners has provided a sneak peak of portions of the master plan for redeveloping Asbury Park, N.J., as a retail and entertainment destination (see New Life for a Legendary Seaside City, SCW, January). Highlights of renderings submitted to...
The busiest sales weekend of February disappeared under piles of snow. The winter storm that blanketed the East Coast on President's Day weekend 2003 shut down major cities and drove sales down nearly $422 million at stores in the Northeast during...
Speed is more important than ever in retail construction, as builders rush to shorten the lag time between groundbreaking and rent collection. And slow, conventional building methods aren't cutting it, sending developers in search of new...
Neil Fiske is the new CEO of Limited Brands' Bath & Body Works. Fiske, along with new President Ken Stevens, replaces retiring president and CEO Beth Pritchard. Fiske will focus on product development and seasonal and category planning...
Four historic Chicago storefronts will survive a massive retail and residential gut job thanks to a restoration process little-used in the United States. The only way to save the shops' 100-foot-by-200-foot masonry and terra cotta façades was to...