Inflation is taking its toll on dollar stores. Many of the small mom-and-pops can no longer afford to sell goods for that cheap, forcing many to raise prices to $1.10 or more. A sign at Dollar Central in Frankfort, Ill., says it all, “Most...
Before the credit crunch, private equity firms were active investors in buying out retailers and real estate companies. That all came to an abrupt halt a year ago. Some of the previous buyouts have run into troubles since then because of high debt...
As it continues to wrestle with a mountain of debt, Centro Properties Group, a poster child of the credit crunch, on Tuesday announced the sale of the first piece of its 106.5-million-square-foot U.S. portfolio for $714 million to an unnamed...
The soft real estate market has made investors and lenders wary of backing high-risk ground-up developments. Redevelopments, however, remain in vogue. Entitlements are secured. Buildings and parking lots are in place. And existing tenants...
Consumers are checking discretionary spending and, seemingly everyday, new retailers come out with announcements that they are filing for bankruptcy, shuttering stores and constraining expansion plans. As a result, construction is coming to a...
As retailers shift into high gear for the all-important back-to-school shopping season, mall owners and operators looking to boost sales at their centers are riding shot-gun...
As it continues to wrestle with a mountain of debt, Centro Properties Group, a poster-child of the credit crunch, on Tuesday announced the sale of the first piece of its 106.5-million-square-foot U.S. portfolio for $714 million to an unnamed...
The announcement that coffee giant Starbucks plans to close 600 locations--500 more than its CEO Howard Schultz had talked about earlier this year--is unwelcome news for frappuccino lovers, but it’s likely to upset real estate owners and investors...
