Customer Growth Partners’ analysis of Commerce Department data reveals that department stores increased their market share of total retail sales for the first time in the 1980s. Overall, department stores accounted for 2.5 percent of all retail...
Department store chains racked up $21.74 billion in sales during the holiday shopping season, according to analysis of quarterly sales figures of several major department store chains. The figure exceeded the $20.64 billion the same chains posted...
Regional mall REITs saw sales rise to $467 per square foot in the fourth quarter of 2010—up from $431 per square foot in 2009. The 2010 figure matched what the sector posted in 2008, but is still below the $490 figure the same REITs saw in 2007...
New research from New Canaan, Conn.-based Customer Growth Partners (CGP) shows that department stores exhibited some surprising strength during the 2010 holiday shopping season, which has bolstered the firm’s outlook on regional malls as a whole...
The Chi-nnatis concept was conceived by one brother from Cincinnati and one from Chicago, both of whom love pizza and the art of sharing. The design transformed an existing Mexican restaurant into a new hip pizza parlor. The new scheme opens the...
The Massachusetts Bay Transportation Authority (MBTA) approved a memorandum of agreement between itself and Federal Realty Investment Trust for the Orange Line T station. The station will serve as cornerstone for Assembly Row at Assembly Square...
In recent weeks, developers have announced plans to build a fortress mall in New Jersey, a large mixed-use center in Boston and dozens of smaller grocery-anchored centers, among other projects.
With retail sales improving and demand for spa...
