When I first moved to New York City from Chicago a few decades back, I was shocked, just shocked, to find the wretched quality of Manhattan “supermarkets” — and I use that term loosely. The Manhattan food stores were far from “super” anything...
Consolidation within the retail real estate world has been rampant in recent years, but that pace of growth slowed slightly in 2005. The amount of space controlled by the top 10 owners on our list grew by just 6.6 percent in 2005 — a total of...
Analysts who were already critical of Sears Holdings Corp.'s management style in the run-up to Sears' release of fourth-quarter earnings, were even more confused after the lackluster results were announced. The company boasted of its positive net...
U.S.-based retail REITs for the past few years have been expanding farther and farther afield with ventures in South America, Asia and Europe. The latest move puts General Growth Properties Inc. in Turkey, where it will look to build several...
Talk about rapid transit. Subway sandwich shops, the fastest-growing food chain in the country, has passed a milestone. With the opening of a handful of new locations in March, there are now more Subway sandwich shops in Manhattan than subway...
The woes of Mills Corp. continue to pile up—including a formal probe by the Securities and Exchange Commission, which was disclosed last Friday. But as the prospects for the company as a public REIT dim, investors are see a bright future for Mills...
Kimco Realty Corp.’s entrance into Puerto Rico this week fits into two of the company’s main growth strategies: international expansion and a growing focus on driving revenue through asset management rather than through solely buying and selling...
