Black Friday lived up to its name. With ShopperTrak RCT reporting a 12.3 percent rise in sales the day after Thanksgiving when, tradition has it, red ink turns to black, business owners, real estate execs and consumers alike were in a holiday mood...
Taubman Centers’ 690,000-sq.-ft. Stony Point Fashion Park in Richmond, Va., may have landed the distinctive upscale tenant roster it needs to compete with rival Short Pump Town Center. Short Pump is a 1.2 million-sq.-ft. development of Forest City...
A survey by Jones Lang LaSalle identifies the world’s best urban real estate performers — and their findings might surprise you. According to the Chicago-based firm, the three cities that stood out over the past decade are Dubai (United Arab...
Top discounters see no reason to stop expanding now. They are creating new formats that fit into suburban infill and inner-city spaces (see page 31) while simultaneously pushing new supercenter concepts. Wal-Mart Stores Inc. plans to open 200 to...
According to the Urban Land Institute, the back-to-the-city movement is now a clear trend poised to continue well into the 21st century. Nationally, the increase in city housing permit activity from 1999 to 2000 exceeded the average annual...
Old Navy is winner of the third-quarter MVP award at Gap Inc. Retail analysts credit the division with driving an unexpected 20% year-over-year sales increase at the troubled retail company...
Michael Cohn is the new senior managing director for retail development in the southeast for Charlotte, N.C.-based Faison Enterprises. Cohn previously served as senior vice president for Cousins Properties. Douglas Walrod is Hoffman Estates, Ill...
Everybody knows one when they see one, but it's hard to clearly define what a lifestyle center is. That was the consensus among developers and retailers at ICSC's 2002 Open Air Centers Conference in Chicago this October...
It has been a remarkable year for the retail real estate industry. A weak economic recovery and the specter of war didn't keep consumers out of the stores. Americans drove in their new cars (bought with zero down, 0% loans) to the power centers...
It all depends on the consumer. And the consumer is not looking like somebody you can really count on. After heroically propping up the economy for most of 2002, American families turned cautious as the summer wound down and talk of war with Iraq...
