As the business-to-business division of Simon Property Group, the nation's largest shopping center developer with more than 240 properties in 36 states, Simon Business Network™ (SBN) prides itself on developing operational programs that save...
Lana Cain Krauter resigned as president and chief merchandising officer of Knoxville, Tenn.-based Goody's Family Clothing Inc. She will continue to assist the company with its recently proposed sale until January 2003. Goody's chairman and CEO...
North Miami Beach-based Equity One Inc. and Atlanta-based IRT Property Co. have entered into a definitive merger agreement, whereby Equity One will acquire IRT. The combined entity would become one of the largest shopping center REITs in the...
As of today, Bloomfield Hills, Mich.-based Taubman Centers Inc. now owns 100% of the Dolphin Mall in Miami, Fla. It acquired Miami-based partner Swerdlow Real Estate Group's 50% interest in the 1.3 million-sq.-ft. value regional shopping center...
General Growth Properties Inc. (GGP) recorded a 14.6% increase in Funds from Operations (FFO) per share for the quarter ended September 30, 2002, hitting a record $1.41 for the period and up from $1.23 in third-quarter 2001...
Thanks to some stellar results, Kohl's has become one of the best barometers of the retailing landscape. It's publicly traded and carefully scrutinized on a weekly and monthly basis. It has also staked out a unique hybrid market niche -- part...
Kmart Corp. has reaffirmed its commitment to a "fast-track reorganization" with the objective of emerging from Chapter 11 bankrupty court protection by July 2003. Kmart also reported that its comparable-store sales trend improved significantly in...
