Samuels & Associates and Edens & Avant today announced plans to buy 40 of 60 shopping centers owned by Farmington, Conn.-based Konover & Associates. Most of the centers are in New England, New York, New Jersey, Pennsylvania and...
Kmart Corp. today announced that it has replaced the management team steering its Chapter 11 reorganization effort, including Chief Executive Officer Chuck Conaway...
With Kmart’s announcement today that it will close 284 stores as part of its Chapter 11 bankruptcy reorganization, Shopping Center World talked with Gary Glick, a partner at Los Angeles-based Cox, Castle & Nicholson LLP who frequently deals...
Amid speculation the economic downturn is over, major retailers including Target, J.C. Penney and Ross today announced stronger-than-expected February sales...
Chico’s FAS today reported a 72% increase in net fourth quarter income compared to the prior year. The Fort Myers, Fla.-based retailer — which sells designer women’s clothing and accessories to the baby boomer generation — attributed the strong...
General Growth Properties today announced a $1.1 billion deal to acquire JP Realty Inc. of Salt Lake City. The acquisition will add 18 malls and 26 community centers to the Chicago-based REIT’s portfolio...
The graphics will be no less glitzy, the technology no less robust. But retail theming projects will be palpably different in 2002: developers, retailers and designers alike are determined to refocus on selling product...
Retail architects throw around the term “lifestyle center” pretty loosely, using it to describe a wide variety of projects. But what do they mean when they say those words? And what's the difference between an “authentic” lifestyle center and one...