Buying and selling properties has always played a major role in the shopping center industry, but the velocity of these multimillion-dollar transactions ebbs and flows depending on the overall mood of the capital markets and big-picture trends...
kansas City's restored Union Station may have a tough time passing muster as a true urban entertainment center. NikeTown, Restoration Hardware and Virgin Megastore are nowhere to be found. There's no megaplex theater, no Wolfgang Puck. In fact, of...
When your retail center is nearly 100% leased, where do you go for additional revenue streams? Ted Turner knows: Get control of the TVs. Whoever controls the TV monitors in a retail center controls the next important source of revenue. You know...
Facts & figures Washington, D.C. - Supermarket profits for the 1998-99 fiscal year dropped slightly from last year's record high - 1.03% from 1.22%, according to the Food Marketing Institute's 1998-99 Annual Financial Review. Operating income...
In the midst of an unprecedented labor shortage, two of the nation's largest retailers have found a way to hire thousands of job applicants in record time. And they're saving millions of dollars in the process...
Corporate Mergers Shopping center REITs Kranzco Realty Trust of Conshohocken, Pa., and CV Reit of West Palm Beach, Fla., recently signed a merger agreement and reorganization plan that will combine 84 community shopping centers valued at $800...
Contractors are building high-tech platforms to support the weight of hefty industry demands. A continuous flow of retail development, expansion and renovation projects is keeping contractors busy these days...
Although lighting is one of the easiest areas of a display to control and to implement, it is often one of the most overlooked aspects of merchandising. The good news is that retailers are recognizing the role of attractive and strategic lighting...
She used to sell seashells by the seashore, but after 40 years of business in Honolulu, Ala Moana Center has moved on to Gucci swimsuits and Chanel sunshades...