According to a new study, both teens and their parents are tightening their spending because of the economic downturn. And while teens continue to list the same brand preferences, new ones have been added and several shifts in the rankings have...
It's a good two weeks before the first of retailers' 3rd-quarter earnings are formally announced, but then most of us don't exactly need a crystal ball to know the real news on retail sales -- weak to middling...
Clearly the slowing economy is finally starting to drag consumer spending down with it, just in time for the start of the critical fourth quarter for retail merchants nationwide...
It's earnings season, but do you know where your retailer's sales are? Weaker than usual, that's where. And many retailers are finding their stocks trading dangerously close to new 52-week lows...
Cleveland-based Developers Diversified Realty (NYSE: DDR) and Atlanta-based JDN Realty Corp. (NYSE: JDN) have entered into a $1.02 billion merger agreement, based on Friday, Oct. 4 closing prices, $584 million in assumed debt and $50 million of...
New York-based Insignia/ESG has hired two pros formerly with Cleveland-based The Richard E. Jacobs Group, the nation’s largest privately held shopping center development and management firm, to head up its mall division. The move is seen as a...
Westfield America Trust (WFA) and British-based Prudential plc announced today that they have entered into a letter of intent for Westfield America to acquire a 50% interest in Fashion Square Sherman Oaks in Los Angeles, for $67 million from a U.S...
“Easier, cheaper, faster, better.” Virtually every corporation is chanting the mantra and trying to remain relevant to clients, enhance existing business relationships and capture new markets. Simon Business Network™ (SBN) is walking the talk with...
REIT shares have been standout performers in a withering bear market. But among the REITs, retail issues are the break-away winners. According to the National Association of Real Estate Investment Trusts (NAREIT), equity REITs produced total...