With General Growth and Simon Property Group toning down their public barbs for a while (as General Growth works on its reorganization plan), the retail real estate universe has been relatively quiet this week. So the stories we're seeing are more about long-term trends rather than breaking news flashes. One article, for example, talks about how retailers are looking to downsize their real estate portfolios by cutting down on average store size. Another looks at a survey of commercial real estate investors and their outlook on the performance of the CRE market in the coming year. For these and other stories about retail and retail real estate, follow the links below:
- The Wall Street Journal reports that many national apparel chains would like to decrease their store size in an effort to improve efficiency.
- A new survey from PricewaterhouseCoopers shows investors expect cap rates to remain stable through 2010, according to the CoStar Group.
- A story in The Los Angeles Times reveals Sears will post thousands of job ads on Twitter in an effort to promote its brand.
- Our sister publication Supermarket News reports that after a year of deep price-cutting, supermarket chains expect a stabilization in pricing in 2010.