CoStar did some great digging--looking through retailer press releases and SEC filings--and compiled a fairly thorough look at retailer opening and closing trends for the past few years. The detailed findings are here. ...
General Growth has once again worked out an extension with its lenders. It now has until March 15 to deal with its loans. According to a press release from the company issued Friday night: ...
Westfield Group Ltd shares were down more than six per cent after the retail property investor flagged that its shopping centre assets would depreciate by $3 billion in its full year results for calendar 2008 because of an increase in...
The economic crisis is eating into high-end coffee consumption, as Starbucks found out in its fiscal first quarter. In...
Senior real estate executives are predicting more pain for the industry in 2009, with one professional warning 2009 was a year...
You might not know it from the numbers. Most of the higher-end department stores such as Saks, Nordstrom and Neiman Marcus...