Federal Realty Investment Trust trustee, Chairman and CEO Steven Guttman resigned, four months ahead of schedule. Donald C. Wood, president of the Rockville, Md., firm since 2001, becomes CEO and trustee...
In England, where retail development is often trumped by concerns about preserving open spaces and architectural heritage, the massive Bluewater center, which sprawls over a former chalk pit in North Kent, continues to infuriate citizens. Now...
Welcome to Mall Walk. In a new monthly column from the field, I hope to show how the various assumptions about trends in retailing and development actually hold up when they move from the drawing board to the market. The gurus may be telling us...
Distressed about store theft? Don't waste time worrying about the Winonas of the world. Better to look at who's behind the counter or in the stockroom. Retailers lost $31.3 billion last year due to theft and fraud, according to the 2002 National...
Mall retailers are getting that can't-catch-a-break feeling. With sales just this side of mediocre and the future unclear at best, the last thing they need is higher rent. Yet that's what a lot of them are facing at the country's top malls...