Editor's Note: When Kimco Realty Corp., the nation's largest publicly traded owner of neighborhood shopping centers, decided to tap a new CEO-designate to replace the retiring Milton Cooper, it turned to an industry outsider — David Henry, a 23...
The rumors from ICSC’s 2002 Spring Convention were proved true today when The Macerich Co. officially announced its purchase of Westcor — due to finalize in third quarter 2002...
Fast-food chain McDonald’s set tongues wagging when it announced last week it was exploring non-food retailing options in an attempt to grow business. The OakBrook, Ill.-based company controls 13,000 U.S. outlets — a significant amount of valuable...
GE Capital this week acquired 59% of Jacksonville, Fla.-based Regency Centers, the nation’s largest owner of grocery-anchored neighborhood centers. Analysts predict a double-digit return should GE Capital gobble up the remaining 41%. They say...
Sears today began its tender offer for shares of top-selling catalog and Internet retailer Lands’ End, marking the beginning of Sears’ bid to spice up its lagging apparel operations...
Operating some 1,350 stores nationally, Big Lots Inc., the Columbus, Ohio-based broadline closeout retailer, is seeking growth while positioning itself as the “world's best bargain place.” Big Lots sells a wide variety of goods that it buys from 3...
In early 2001, CVS announced its intention to break into the western markets, with plans to open stores in Phoenix and Las Vegas by the end of 2001 and mid-2002, respectively. The retailer commissioned Carter & Burgess to mastermind the...
In early 2001, CVS announced its intention to break into the western markets, with plans to open stores in Phoenix and Las Vegas by the end of 2001 and mid-2002, respectively. The retailer commissioned Carter & Burgess to mastermind the...
Sears today announced plans to boost its apparel business by acquiring Lands’ End, the top-selling specialty apparel retailer known for its catalogue and Internet sales...
