Two years ago billionaire Alex Wu's Dongguan San Yuan Ying Hui Investment and Development Co. opened the largest shopping mall in the world in China — the South China Mall — to great fanfare. The 7.1-million-square-foot megalithic shopping center...
In an effort to increase sales and drive FFO growth, Pennsylvania Real Estate Investment Trust (PREIT) is adding lifestyle and retail components at three of its aging malls surrounding Philadelphia — Cherry Hill Mall, Plymouth Meeting Mall and the...
CityNorth, the 144-acre mixed-used project in Phoenix, has got the green. In April, the Related Companies of New York and Phoenix-based Thomas J. Klutznick Company announced that they had formed a joint venture and secured $379 million in...
In an industry still heavily dominated by its founding families — the Taubmans, Bucksbaums, Simons, etc. — succession planning can be a ticklish issue. Firms, especially private companies, have to transition to new leadership without alienating a...
Eddie Bauer has returned to its roots as it continues to plow ahead with its turnaround strategy. The specialty retailer has refocused on its casual sportswear and accessories that embrace the great outdoors. So far, it appears to be working...
Retail Traffic conducted an (admittedly unscientific) study comparing the two venues. Ordering the same items at both places — a cheeseburger, a salmon burger, a veggie burger and four cupcakes — yielded somewhat different results. Both the...
Though he's 85 years old and years removed from managing the day-to-day operations of the company he founded, A. Alfred Taubman rattles off industry statistics at the drop of a hat...
