It’s not just kids who are going back to school this fall. With the unemployment rate spiking, adults have increasingly returned to the classroom to make the most of downtime and to acquire marketable skills, increasing their chances of getting b...
In this time of uncertainty, when many retailers are still trying to figure out strategies for long-term survival, home furnishings seller Pier 1 Imports is an unlikely source of inspiration. Even before the recession, many analysts and industry...
It's no big secret that 2009 has been an incredibly rough year for the retail sector marked by sharp drops in retail sales figures, closings, bankruptcies and even a handful of liquidations. To get a grasp of how this climate has affected middle...
Taubman Centers Inc. (NYSE: TCO) this week announced the write down of the book values of 282,000-square-foot The Pier Shops at Caesars in Atlantic City, N.J., and the 820,000-square-foot Regency Square in Richmond, Va. The writedowns will result...
(Each month, Site Optimizer discusses industry trends—most importantly, leasing issues—with experts in the retail real estate industry in our Tenant's Perspective interviews.) ...
After years of strong growth, Deerfield, Ill.-based drugstore chain Walgreen Co. is slowing down in a bid to boost profits and reinvest its capital into its current store portfolio. In a big shift, new CEO Greg Wasson announced late last year that...
While the retail real estate market still has a long way to go before the word “recovery” can be uttered, there are signs of a thaw on the development front. The CoStar Group, a Bethesda, Md.-based research firm, reports that developers will add...
As property owners holding commercial mortgage-backed securities (CMBS) funded loans have attempted to address financing concerns over the past 12 months, many have complained of the impossibility of getting special servicers on the phone...
