Teens, parentsreduce their spending
Oct 15, 2002
According to a new study, both teens and their parents are tightening their spending because of the economic downturn. And while teens continue to list the same brand preferences, new ones have been added and several shifts in the rankings have...
Analysts: October bouncewon't last
Oct 15, 2002
It's a good two weeks before the first of retailers' 3rd-quarter earnings are formally announced, but then most of us don't exactly need a crystal ball to know the real news on retail sales -- weak to middling...
Sept sales disappoint
Oct 10, 2002
Clearly the slowing economy is finally starting to drag consumer spending down with it, just in time for the start of the critical fourth quarter for retail merchants nationwide...
Retail's merry-go-roundenters '02 home stretch
Oct 08, 2002
It's earnings season, but do you know where your retailer's sales are? Weaker than usual, that's where. And many retailers are finding their stocks trading dangerously close to new 52-week lows...
It's official:DDR snaps up JDN
Oct 05, 2002
Cleveland-based Developers Diversified Realty (NYSE: DDR) and Atlanta-based JDN Realty Corp. (NYSE: JDN) have entered into a $1.02 billion merger agreement, based on Friday, Oct. 4 closing prices, $584 million in assumed debt and $50 million of...
Insignia/ESG expandsmall group
Oct 03, 2002
New York-based Insignia/ESG has hired two pros formerly with Cleveland-based The Richard E. Jacobs Group, the nation’s largest privately held shopping center development and management firm, to head up its mall division. The move is seen as a...
Westfield/Prudential plcform JV
Oct 03, 2002
Westfield America Trust (WFA) and British-based Prudential plc announced today that they have entered into a letter of intent for Westfield America to acquire a 50% interest in Fashion Square Sherman Oaks in Los Angeles, for $67 million from a U.S...
Santa Monica Place ready for a major redo?
Oct 01, 2002
Before Frank Gehry was the Frank Gehry of titanium-clad, international repute, the Los Angeles architect was a master of things disposable...
SIMON BUSINESS NETWORK Masters the Art of Aggregation
Oct 01, 2002
“Easier, cheaper, faster, better.” Virtually every corporation is chanting the mantra and trying to remain relevant to clients, enhance existing business relationships and capture new markets. Simon Business Network™ (SBN) is walking the talk with...
WALL STREET still likes retail REITs
Oct 01, 2002
REIT shares have been standout performers in a withering bear market. But among the REITs, retail issues are the break-away winners. According to the National Association of Real Estate Investment Trusts (NAREIT), equity REITs produced total...
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