Safeway will buy electricity generated by wind power to provide energy at 270 of its gas stations across the country. It is acquiring 78 million kilowatt hours throught the EPA as part of a Green power purchasing program.
On a recent visit to my hometown, in Chicago's suburbs, my mother and I took a ritual trip to what I know as Old Orchard, now Westfield Shoppingtown Old Orchard...
Ground Zero's retail prospects became clearer in October after New York state officials said that the latest plan calls for 550,000 square feet of shopping space to be developed in and around the site. The proposed development exceeds the former...
In the third quarter, insiders sales volume at REITs was over $150 million for the fourth consecutive quarter. For the year, insider sales are up 60 percent over 2004 levels, according to Lehman Brothers. Retail REIT heads have been frequent...
Grocery-anchored centers built a reputation as the most rock-solid type of retail real estate investment, which throw off steady returns in good or bad times. After all, everybody has to eat...
ShopKo Stores Inc. signed a merger agreement to be acquired by an affiliate of Sun Capital Partners, who — for the moment — appears to have beaten out its chief rival, Goldner Hawn Johnson & Morrison, in the race to buy the Midwest-based...
Imagine an indoor ski slope as tall as the Eiffel Tower in the middle of the Arabian desert-with fresh snow every morning. That vision is about to become reality at The Mall of the Emirates in Dubai, U.A.E. The project, designed with the help of F...
Hoping to differentiate itself from its office supply peers, Office Max, the third largest office supplier with 950 stores, has designed a new prototype that includes a WiFi café. Also different: In a bid to reach out to a younger male audience...
In the September issue, in The Players, we erroneously printed the value of General Growth's acquisition of The Rouse Co. The actual value of the deal was $12 billion...
