Even Wal-Mart and Kohl's can have a bad month. As retailers report May sales during the next two weeks, the two leaders are expected to fall behind the pack, with below-average comparable store gains of only 1 percent and 1.4 percent, respectively...
A luxury shopping center in Palm Desert, CA - dubbed the "Rodeo Drive" of the Coachella Valley - has changed hands for $70 million. MadisonMarquette and El Paseo Properties Limited Partnership this week sold the 200,291 sq. ft. Gardens at El Paseo...
After three years of declining growth in retail sales and with no sign of a strong rebound in the U.S. economy, mall developers have pulled in their horns. The pipeline of projects larger than 800,000 square feet has dropped significantly, with...
In the retail real estate business, we tend to think of Las Vegas as the site of the ICSC marathon every May. But it's the fastest growing city in the nation and, increasingly, a place where upscale retailers and restaurateurs are looking for...
Oliver McMillan is converting the former Glenview Naval Air Station north of Chicago into a 1,100-acre mixed-use project, including The Glen Town Center, a $250 million, 1 million-square-foot retail, dining and entertainment destination. Scheduled...
On a recent trip to Italy, restaurateur and self-admitted foodie Pete Moceo admired the country's gelaterias — not just for the ice cream but for the design of the more chi-chi shops. How, he wondered, could he translate the ambiance — and the...
Site selection technology isn't just about choosing real estate anymore. It's about creating targeted marketing, managing consolidation, valuing customers and even determining merchandise mix...
Hawaii is no stranger to Wal-Mart: This idyll of rainforests and killer curls is already home to six of the big boxes. To break into downtown Honolulu, however, the house that Sam built had to think a little more vertically. Wal-Mart currently has...